Cash Credit

cash credit

Cash Credit (CC) is a short-term funding facility designed to help businesses meet working capital needs such as purchasing raw materials, paying salaries, clearing supplier dues, or managing operational expenses. Unlike a traditional loan, in a Cash Credit account, you can withdraw funds as needed (up to a sanctioned limit) and pay interest only on the amount used.

This is ideal for businesses with fluctuating or seasonal cash flow. At UGMoney Capital, we offer custom cash credit limits based on your business performance and turnover. Whether you're an MSME, trader, or manufacturer, this facility helps you stay liquid throughout the year.

The credit limit is typically sanctioned for 12 months and can be renewed annually. You can deposit and withdraw funds multiple times, like a current account, making it a perfect option for businesses requiring flexible access to cash.

Our process is completely transparent and paperless. Get a dedicated relationship manager, minimal documentation, and fast disbursal to fuel your business without interrupting operations.

Invoice financing Requirements

To apply for a Cash Credit limit, your business must be operational and able to offer assets or receivables as collateral. Here's what’s needed:

  • Registered business (Proprietorship, Partnership, LLP, Pvt. Ltd.)
  • Minimum 1–2 years of business operation
  • Audited financial statements (Balance Sheet, P&L) of last 2 years
  • Stock and Debtor statements (monthly or quarterly)

Why choose cash credit

  • Supports raw material purchase, salary disbursement, and vendor payments
  • Perfect for MSMEs, traders, and seasonal businesses
  • Improves liquidity during slow revenue months
  • Revolving credit – funds become available again once repaid
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  • Annual renewal options without fresh loan application
  • Keeps your daily operations smooth and creditworthy

  • Cash Credit allows flexible withdrawals and deposits, while a business loan is a fixed disbursal with fixed EMIs.

  • No, interest is charged only on the utilized amount, not the entire limit..

  • Yes, based on business performance and repayment history, limits can be reviewed and increased at the time of renewal.