Cash Credit
Cash Credit
Unlock flexible funding for your business with TaxMyles. Our experts help you secure cash credit facilities that keep your working capital flowing.
- Flexible Withdrawal Limits: Access funds as needed within your credit limit.
- Interest Only on Usage: Pay interest only on the amount utilized.
- Quick Sanction Process: Fast-track approval with complete support from our team.
- Bank Partnerships: We work with leading banks to offer reliable cash credit solutions.
Overview of Cash Credit
A Private Limited Company in India is one of the most common types of business entities for small to medium-sized enterprises (SMEs) and startups. It is regulated under the Companies Act, 2013, and offers a combination of limited liability and organizational flexibility. A private limited company is privately held, not traded on the stock market, and run for the benefit of its shareholders. It must have at least 2 directors and 2 shareholders, and one director must be an Indian resident.
Services We Provide for Cash Credit
With TaxMyles, you get comprehensive support for obtaining and managing a cash credit facility:
- Eligibility analysis and limit estimation
- Preparation of CMA data and projections
- Drafting business plans and financial statements
- Coordination with banks and financial institutions
- Assistance with documentation and compliance
- Ongoing advisory for limit renewals and enhancements
Why Choose TaxMyles for Cash Credit?
- Working Capital Specialists: Our team understands the dynamic needs of businesses.
- Tailored Facility Structuring: We help design credit limits and terms based on your cash flow.
- Bank-Ready Financials: Accurate reporting and documentation to ensure smooth approvals.
- Trusted Banking Network: Access cash credit from top banks and NBFCs.
- Transparent Support: Complete handholding from application to account setup.