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Regarding finance

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(Querist)
01 December 2015 one of my client is dealing in second hand purchase and sale of cars and also rent them . now he is requring funds from bank.
which type of loan should we go for cash credit or term loan
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Amol S Joglekar

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Amol S Joglekar (Expert)
01 December 2015 cash credit is better for working capital requirements
term loan is better for fixed asset.

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