Advancing credit facilities to small/medium enterprises is one of the major functions of banks and financial institutions (BFIs), particularly at their branch level. Considering the situation majority of the employees that are designated for booking or managing such credits should have fundamental as well as specific knowledge with regards to assessing such credit proposals, which would typically include understanding the borrowing cause, type of credit facilities and associated risks, terms of credit facilities, pricing of credit facilities, financial and non-financial risk assessment, security and security documents, terms/conditions/covenants, monitoring, key compliance requirements, etc.
