banner_ad

Packing credit

Feedback 1119 views 2 replies

How to calculate Drawing Power of a Company availing the Packing Credit Facility.?

Replies (2)
Its a kind of working capital loan... but its free from fixed installments .Bank sanctioning your limit on review of Financial & Security value. So simply you can calculate your DP, but Bank to Bank DP limit fluctuates, normally 17 to 20 % of turn over or 60 to 100 % of your security, also they have a another restriction, they cant offer you more then 75% of costing of your estimation.

I think

Drawing Power calculation as   Total Stock -Creditor - Dead stock = New Stock @ 80 %   Given to Amount 

thanks  & regards

Ramanuj

 

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details