Cash Credit (CC) Limit
PopularA revolving limit against stock and receivables. Draw what you need, pay interest only on what you use.
- Indicative rate
- 8.5% p.a.
- Amount
- ₹5L – ₹100Cr
- Tenure
- 1 yr – 1 yr
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Cash for the gap between paying and getting paid
Working capital finance covers the gap every business lives with: you pay your supplier today and your customer pays you in sixty days. An overdraft (OD) or cash credit (CC) limit gives you a pool you can draw from and repay as cash comes in, and you pay interest only on the amount actually used, only for the days you use it. It is far cheaper than a term loan for a recurring cash-flow gap.
These numbers are indicative. Your actual offer depends on the lender.
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A revolving limit against stock and receivables. Draw what you need, pay interest only on what you use.
An overdraft against property or deposits, for a service business that carries no stock.
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