A cash credit loan is taken by business owners or company to fulfill their working capital requirements. Working capital requirements include payment of labor wages, raw material purchase, managing supply chain, logistics, etc. This loan is also called as Working capital Loan. Bank provides cash credit loans to the company based on creditworthiness and reputation. This is generally measured by current assets and liabilities of the company. If you have established your business and you are in need of money, […]
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