what is demand loan and cash credit?? pls help
Answers
Answered by
1
A demand loan is a rare form of loan that can be called for complete repayment without any prior warning to the borrower.
A cash credit is a short- term cash loan to a company. A bank provides this type of funding, but only after the required security is given to secure the loan.
Hope............it works
A cash credit is a short- term cash loan to a company. A bank provides this type of funding, but only after the required security is given to secure the loan.
Hope............it works
janwwi:
thanks a lot
Similar questions