Regarding finance
This query is : Resolved
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
which type of loan should we go for cash credit or term loan
01 December 2015
depending upon the needs of the business, he should opt for the loan.
For working capital, cash credit is better.
For fixed asset, term loan is better.
For working capital, cash credit is better.
For fixed asset, term loan is better.
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