business and working capital

9 glossary terms in this category

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BUSINESS AND WORKING CAPITAL TERMS

Bank Guarantee

A bank guarantee (BG) is a promise from a bank that the liabilities of a debtor will be met. If...

business and working capital

Business Loan

A business loan provides financial support for various operational and growth needs — working capital, expansion, equipment purchase, inventory procurement,...

business and working capital

Cash Credit (CC)

Cash credit is a short-term revolving facility where a bank provides a credit limit against pledged current assets — inventory,...

business and working capital

Line of Credit

A line of credit is a revolving facility where the lender sanctions a credit limit, and the borrower draws funds...

business and working capital

MSME Loan

MSME loans are tailored for Micro, Small, and Medium Enterprises classified by the Government of India. Government schemes include MUDRA...

business and working capital

Overdraft (OD)

An overdraft facility allows account holders to withdraw funds exceeding their balance up to a sanctioned limit. It can be...

business and working capital

Personal Loan

A personal loan is an unsecured credit facility available to salaried and self-employed individuals for any legitimate personal purpose. No...

business and working capital

Project Funding

Project funding (project finance) is a specialized form of lending where the loan is structured around a specific project's cash...

business and working capital

Working Capital Loan

Working capital loans are short-term financing to cover daily operations — payroll, rent, inventory, supplier payments, and utilities. Unlike long-term...

business and working capital

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