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cash credit facilities

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Vishnu Agarwal

Vishnu Agarwal (Querist)
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15 September 2008

What is the meaning of cash credit facilities?

CA RAMESH KUMAR AHUJA

CA RAMESH KUMAR AHUJA (Expert)
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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.

Vishnu Agarwal

Vishnu Agarwal (Querist)
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15 September 2008

any example of it.

CA RAMESH KUMAR AHUJA

CA RAMESH KUMAR AHUJA (Expert)
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15 September 2008 Loan against Stock or book debts.

Vishnu Agarwal

Vishnu Agarwal (Querist)
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15 September 2008

thanx

Vishnu Agarwal

Vishnu Agarwal (Querist)
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15 September 2008

thanx for replying my query

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