CC Limit or Cash Credit Limit is a type of short-term working capital loan that is given by Banks and Financial Institutions. It allows borrowers to use funds to a predetermined limit without credit balances in an account according to prior agreements. It helps small and medium enterprises (SMEs) to meet their working capital requirements. What is CC Limit or Cash Credit Facility ? CC Limit or Cash credit Facility is a short-term source of financing for a business or company that enables the business or company to withdraw money…
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