Majority of MSMEs favour daily EMIs, automatic deduction from bank accounts for credit repayment, data from Solv reveals ...Middle East

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Solv's new survey measured credit and repayment needs of small and medium businesses to help address credit gap in MSME segment BENGALURU, India, Aug. 26, 2021 /PRNewswire/ -- Solv, a B2B e-commerce platform for micro, small and medium enterprises (MSMEs) conducted a survey of 1000+ MSMEs to understand their credit and repayment needs and preferences. The objective was to uncover insights to help various stakeholders address the USD 300 Billion+ credit gap in the MSME segment, especially considering the government's recent guidelines bringing retail and wholesale trade under the MSME category. The new guidelines will potentially benefit crores of retail and wholesale traders, making them eli

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