Cash Credits

A Cash Credits (CC) facility provides businesses with an overdraft facility on their current account, allowing them to withdraw more money than their available balance. This credit is typically provided for short-term financial needs and is secured by the assets of the business, such as inventory, accounts receivable, or other business assets.

Cash Credits are designed to offer businesses quick, flexible access to funds and helps manage day-to-day operational expenses without the need for a long-term loan.