What is Cash Credit Limit

Cash credit is a loan extended to a company by a bank on the basis of Stock Value and PropertyValue. It enables a company to withdraw money from a bank account without keeping a creditbalance.

The account is limited to only borrowing up to the borrowing limit. Also, interest ischarged on the amount borrowed and not the borrowing limit.Rate of InterestRate of Interest at present varies from 8.5% to 10%Eligibility CriteriaIn this type of Loan bank takes into consideration many business aspect.

It takes intoconsideration your future expected return ,DSCR, Debt to Capital Employed ratio etc.Positives & NegativesYou need to provide stock statement monthly/quarterly and your Drawing Power is set on thebasis of your closing stock, Debtor and Creditor amount. However in this type of Loan, Bank cango upto 100% of Property Market Value which is not availaible in any other type of Loan

Apply NowFirst NameLast NameEmail City You Live InContact NoOur ServicesIt Requires a lot of Study and expertise to get the Desired CGTSME limit from Various FinancialInstitution.

We provide the thourough Guidance for the same and Unlike other Financial Agent,we also provide the After Loan Service. We not only assist in getting Loan but also provide hostof other services which are given belowOur Services Include : Arranging New Funds Managing your Existing Loan Portfolio Guiding you regarding Low Rate of Interest,New better Products in the Market etc.

Guidance regarding how to Manage your accounts so as to Maximise your LoanEligibility and minimise your EMI Burden After Loan Services Such as Communication with various banks regarding your VariousNeeds such as Foreclosure Letter,Revision of Rate of Interest, List of Docs or any otherrequirement