A Cash Credit (CC) is a short-term source of financing for a company. In other words, a cash credit is a short-term loan. ... It enables a company to withdraw money from a bank account without keeping a credit balance. The account is limited to only borrowing up to the borrowing limit
A Cash Credit (CC) is a short-term source of financing for a company. In other words, a cash credit is a short-term loan. ... It enables a company to withdraw money from a bank account without keeping a credit balance. The account is limited to only borrowing up to the borrowing limit
A Cash Credit (CC) is a short-term source of financing for a company. In other words, a cash credit is a short-term loan. ... It enables a company to withdraw money from a bank account without keeping a credit balance. The account is limited to only borrowing up to the borrowing limit