Working Capital – CC / OD
Working Capital
Cash Credit & Overdraft Facilities Explained
Working capital facilities such as Cash Credit (CC) and Overdraft (OD) provide short-term business liquidity to manage inventory, vendor payments, salaries, rent, utilities and cash-flow gaps.
- Cash Credit (CC): a revolving facility against stock/receivables
- Overdraft (OD): withdrawal beyond account balance up to a sanctioned limit
- Interest generally applies only on the amount utilised
Suitable Businesses: Suitable for businesses with recurring operational expenses and cyclical cash-flow needs across manufacturing, trading and services.
Common Use Cases: Common use cases include inventory purchases, vendor payments, payroll, rent, utilities and bridging short-term cash-flow gaps.
Why This Facility
Key Benefits
How It Works
Application Process
Step
Share Your Requirement
Tell us about your working capital needs.
Step
Submit Your Documents
Provide financial and banking documents for review.
Step
Get Your Facility Decision
Subject to eligibility and applicable credit assessment.
Requirements
Documents & Eligibility
Documents Required
- Business registration documents
- KYC of promoters/directors
- Bank statements (recent months)
- Financial statements / ITR
- Stock & receivables statements (for CC)
Key Features
- Revolving credit facility
- Interest on utilised amount
- Suited to recurring expenses
- Assistance with documentation
- Guidance on CC vs OD selection
- Application support
Who Can Apply
- Minimum business vintage as per lender
- Satisfactory banking and credit history
- Adequate turnover as per lender norms
- Complete financial documentation
Eligibility and terms may vary depending on the lender and applicant/business profile. Terms and approval are subject to applicable credit assessment.
Testimonials
Customers We’ve Supported
Feedback shared by customers we have worked with on financing and advisory needs.
“FinBex provided useful guidance around our business funding requirements and documentation.”
“FinBex explained our financing options clearly and guided us through documentation without any pressure.”