cash credit facilities

This query is : Resolved 

15 September 2008



What is the meaning of cash credit facilities?

15 September 2008 Cash credit facility is basically a working capital facility or loan. Such type of loan facility is availed by the hypothecation of stock-in-trade or book-debts.

15 September 2008

any example of it.

15 September 2008 Loan against Stock or book debts.

15 September 2008

thanx

15 September 2008

thanx for replying my query


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