Securing Hannav Ledger...
Securing Hannav Ledger...
Glossary
Cash credit is a short-term borrowing facility for businesses, secured against inventory or receivables, allowing withdrawal up to a sanctioned limit as needed.
A flexible business loan against stock or receivables, used to manage day-to-day cash needs.
Interest is charged only on the utilised amount, similar to an overdraft, but specifically structured around inventory/receivable-based working capital financing.
A trader with a ₹10 lakh cash credit limit draws ₹4 lakh during a lean season to pay suppliers.
A flexible business loan against stock or receivables, used to manage day-to-day cash needs.
Cash Credit helps you evaluate products, compare options, and make informed decisions aligned with goals, tax rules, and risk tolerance in the Indian financial system.