💨 Abstract

A cash credit account is a flexible financing option for businesses facing cash flow fluctuations. It provides a revolving credit limit for short-term needs, such as salaries, inventory, and operational costs, without disrupting daily operations. Unlike traditional loans, interest is only charged on the amount utilized, making it cost-effective. This account helps maintain a good business credit score through timely repayments and offers quick access to funds for urgent opportunities or expenses.

Courtesy: theprint.in