CC & Term Loan

A Cash Credit (CC) Loan is a short-term financing facility provided to businesses to meet their working capital requirements. It allows borrowers to withdraw funds up to a sanctioned credit limit, usually secured against inventory, receivables, or other business assets.

Interest is charged only on the amount utilized, not on the total sanctioned limit, making it cost-effective. This loan ensures that businesses can manage day-to-day expenses, raw material purchases, salary payments, or operational costs without liquidity issues.

Key Benefits of a CC Loan:

• Flexible withdrawal facility within the sanctioned limit

• Interest charged only on utilized amount

• Helps manage short-term cash flow and working capital needs

• Secured against stock, receivables, or collateral