About Rupee Bridge Cash Credit
Rupee Bridge’s Cash Credit facility provides businesses with the flexibility to borrow funds up to a predetermined limit. Perfect for managing working capital needs, this facility offers you access to funds whenever required without the need for lengthy approval processes. You only pay interest on the amount you use, making it an efficient and cost-effective solution for managing short-term financial requirements.
Flexible Borrowing Limit
Access funds up to your predetermined limit and use them as needed.
Repay as You Go
Withdraw and repay any amount multiple times, depending on your cash flow needs.
Key Benefits of Our Cash Credit
Get the working capital flexibility your business needs with our Cash Credit facility. Access funds up to your predetermined limit and only pay interest on the amount you use.
Flexible Borrowing Limit
Access funds up to your predetermined limit and use them as needed.
Repay as You Go
Withdraw and repay any amount multiple times, depending on your cash flow needs.
Instant Access to Funds
Get funds directly to your account without delay.
Ideal for Short-Term Needs
Perfect for managing cash flow gaps and covering short-term expenses.
Frequently Asked Questions
What is a Cash Credit (CC) facility?
Cash Credit is a short-term working capital loan provided to businesses to manage day-to-day operational expenses. It allows businesses to withdraw funds against a sanctioned limit even if their bank account balance is low, helping maintain liquidity.
What is the typical limit sanctioned under Cash Credit?
Limits depend on your business's working capital needs, turnover, and financials. They usually start from ₹5 lakhs and can go up to several crores, subject to eligibility and bank policies.
What is the interest rate for a Cash Credit facility?
Interest rates usually range between 10% to 16% per annum.
What is the tenure of a Cash Credit facility?
Cash Credit is renewable annually, meaning you get continued access to funds every year after a review of your business performance and repayment track record.
How is interest charged in Cash Credit?
Interest is charged only on the amount drawn, not the full sanctioned limit. It’s calculated on a daily outstanding balance, making it a cost-effective tool for working capital.
Can startups get a Cash Credit facility?
Typically, banks prefer businesses with at least 1–2 years of operations and proven cash flow. However, certain fintechs or NBFCs may provide tailored solutions for younger businesses. Rupee Bridge helps connect you with the right lender.