Cash Credit
Cash Credit
At Core Financial, we understand that every business, regardless of size, needs access to reliable and flexible working capital to meet day-to-day operational expenses and fuel growth. Our Cash Credit service provides businesses with the financial flexibility they need to thrive in a competitive marketplace.
Cash Credit is a short-term borrowing facility offered to businesses, enabling them to access funds for working capital needs. It is a flexible credit line that provides quick access to funds, helping businesses maintain liquidity, manage expenses, and bridge gaps between receivables and payables.
Key Features
- Flexibility: Borrow as needed, up to your credit limit, and repay based on your cash flow needs.
- Quick Disbursement: Funds are available quickly, ensuring you never miss an opportunity due to cash flow issues.
- Affordable Interest Rates: Competitive interest rates tailored to meet your business requirements.
Who can apply?
- 01 Manufacturers and Traders
- 02 Service Providers
- 03 Exporters and Importers
- 04 Small and Medium Enterprises
Frequently asked questions
What is the difference between Cash Credit and a regular business loan?
Cash Credit is a revolving credit facility that allows businesses to borrow funds up to a sanctioned limit as needed, whereas a regular business loan is a fixed amount disbursed once, with scheduled repayments.
How is interest charged on a Cash Credit account?
Interest is charged only on the amount you actually use from your credit limit, not on the full sanctioned limit, at competitive rates tailored to your business requirements.
What are the eligibility criteria for availing Cash Credit from Core Financial?
Cash Credit is available to manufacturers and traders, service providers, exporters and importers, and small and medium enterprises. Talk to our experts to check your business’s eligibility and credit limit.
