Pricing % represents interest rate, fee rate, commission, or spread charged on a facility, expressed as a percentage. It should reflect risk, cost of funds, collateral, and product norms. Clarify whether it means ROI, spread, processing fee, or commission. In MSME lending, it shapes how the facility is structured, priced, documented, disbursed and monitored after sanction. It should be reviewed with the borrower’s actual cash flows, existing exposure, repayment behaviour and the purpose for which the facility is being used. For example, pricing may be adjusted when collateral is weak, risk score deteriorates or funding cost changes. It matters because facility terms influence cash-flow burden, utilisation behaviour, approval authority, documentation and customer communication. The common caution is to verify the amount, tenor, repayment cycle, moratorium, security, renewal terms and approval conditions instead of reading the field in isolation.