Recently, a rating issued by ICRA LLC, UAE has helped a Tanzania-based IT company to secure a loan of 130 Million TZ Shillings. ICRA also provides credit reviews/recommendations and knows your business reports (KYB reports).

DUBAI, United Arab Emirates, May 3, 2023 /PRNewswire-PRWeb/ -- The main focus of ICRA Rating LLC UAE is: "To help the clients to achieve their business goals and objectives". Recently, a rating issued by ICRA LLC, UAE has helped a Tanzania-based IT company to secure a loan of 130 Million TZ Shillings.

How does ICRA Rating help their clients?

At ICRA, they assist you to unlock your company's credit potential, through a number of services. As they provide, like credit rating, as was done for their client in Tanzania. So what exactly is credit rating, and how it can benefit your company?

A Credit Rating is a comprehensive analysis of a company's financial and non-financial performance to ascertain the financial soundness and the operational capabilities of a business based on past performances and future business projections. It includes a combination of qualitative and quantitative analysis of the business, which helps to establish the creditworthiness of a company.

For all business relationships, be it for lending or borrowing, buying or selling, partnerships or mergers and acquisitions, technology transfers or marketing arrangements, businesses will need to build their credit profile with a rating for a favorable decision and a rating from ICRA will definitely help clients to meet their objective.

ICRA also provides credit reviews/recommendations and knows your business reports (KYB reports). Credit analysis or recommendation is the procedure through which one determines a potential borrower's creditworthiness, i.e., their capacity and the likelihood of repaying principal and interest commitments. Whereas a KYB report is a due diligence report that provides detailed information about a target business's internal and external environments. They are typically used by businesses and financial institutions to assess the risk of working with customers, suppliers, and borrowers, and help institutions to make informed decisions.

ICRA's target segment is businesses of all sizes and sectors with a customer-centric approach, building relationships, enhancing business profiles, and helping to connect businesses globally.

Media Contact

Mr Sahil Bansal, International Credit Rating agency LLC, UAE, 971 501667030, info@icrallc.com

SOURCE International Credit Rating agency LLC, UAE