Cash credit scheme
This query is : Resolved
rituraj kumar
(Querist)
08 October 2017
what is cash credit? what are the documents to be needed to open a line of credit in a bank?
Amol S Joglekar
(Expert)
08 October 2017
working capital is financed by the banks. Around 75% of net working capital can be the sanctioned limit of cash credit.
Contact the nearest bank with a statement of your working capital and the bank will guide you
Contact the nearest bank with a statement of your working capital and the bank will guide you
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