Cash Credit(CC) – Secured Loans

Mindfin cash credit allows businesses to borrow funds from a bank account without having to maintain a credit balance. A Cash Credit (CC) is a type of alternative financing for businesses and companies. To put it another way, Cash credit in Bangalore is a bank's short-term loan to a firm. Mindfin’s cash credit allows businesses to borrow funds from a bank account without having to maintain a credit balance. You can only borrow up to your borrowing cap with this account. In addition, interest is paid on the sum lent, not the total amount borrowed. CFI's Credit Analyst Certification program is a good place to learn more.

Leave a Reply

Your email address will not be published. Required fields are marked *