CC Loan
Suresh Pai S (Tax Consultant) (1029 Points)
13 December 2016
What is the collateral security to be presented by a service provider in order to get a CC Loan?
Suresh Pai S (Tax Consultant) (1029 Points)
13 December 2016
CA Neha Agrawal
(CA)
(830 Points)
Replied 13 December 2016
CC loan is given against debtors. Other than this if collateral is required following can be provided land and/or building, check also if financial collaterla is acceptable to the lender.
Suresh Pai S
(Tax Consultant)
(1029 Points)
Replied 13 December 2016
CA Neha Agrawal
(CA)
(830 Points)
Replied 13 December 2016
financial collateral signifies against FDs
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