Products & Services
Rs 1 Lakh / PersonGet Latest Price
|Bank Type||Bank, Individual Lender|
Creative Finserve Pvt. Ltd arranges Working Capital facility to its customer from Nationalise Bank, Cooperative Bank, and OtherPrivate Banks to the industry to finance day-to-day requirement. The working capital funds are generally required for purchase of raw materials, fuel, for payment of labour, power charges, for storing finished goods till they are sold out & other day today fixed activities by way of sundry debtors / receivables. Cash Credit facility is granted to the customers to bridge working capital gap.CC is granted by way of a running account, drawings to be regulated within the drawing limit permissible which is arrived at on the basis of composition of current assets and current liability based on the declaration in the stock statement in the prescribed format submitted by the borrower.
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