Effective management of working capital is essential for business success. Cash Credit (CC) and Overdraft (OD) facilities offer flexible financing options that can help businesses meet short-term cash flow needs and seize growth opportunities. With CC, businesses can access funds up to a specified limit, paying interest only on the amount utilized. Similarly, OD allows companies to withdraw funds exceeding their account balance, providing a cushion for unexpected expenses. By leveraging these facilities, businesses can enhance liquidity, manage cash flow effectively, and navigate the dynamic challenges of the market. Partnering with a financial advisor can further optimize the use of CC and OD facilities, ensuring businesses have the right financing solutions tailored to their unique needs and objectives.
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