Cash Credit
Category: Premium Credit Cards | Tags: Cash credit, instant credit, business credit
Cash credit is the issuance of a short term cash loan to a business entity. A cash loan of this type if frequently made use of to meet the expenses related to a particular job or project, with reimbursement likely within a period of one year or less. Cash credits are useful since paying back the amount in time and maintaining a good repayment record can open up other lines of credit that have added benefits or lower interest rates.
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