Mastery card
I can explain Cash Credit (CC)
A revolving working-capital limit often secured against stock and receivables.
Cash credit is a bank limit for businesses, often against inventory and debtors; you draw and repay within the limit and pay interest on daily use.
Sticky trick
CC is for ops cash; term loans are for big one-time buys.
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In plain English, what is Cash Credit (CC)?
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