Keep your business moving.
Flexible Overdraft (OD) and Cash Credit (CC) facilities designed to help eligible businesses manage working capital requirements, temporary cash-flow gaps and day-to-day financial needs.
Working capital when your business needs it.
Explore a sanctioned OD or CC facility based on your business requirements, profile and applicable assessment.
Facility limit, pricing, charges and terms are subject to applicable lender assessment.
Working capital should keep pace with business.
Maintaining healthy cash flow is essential for the smooth functioning and growth of a business. Businesses may need funds at different points in their operating cycle — from inventory purchases and supplier payments to regular operating expenses.
True Finserv helps eligible businesses explore OD and CC facilities designed around their working capital requirements, financial profile and applicable credit assessment.
Explore Working Capital Options →
Manage the gap between money going out and coming in.
OD or CC? Understand the difference.
Both facilities can support business working capital needs, but their primary use cases differ.
Bridge short-term cash-flow gaps.
Flexible access for temporary liquidity.
An Overdraft Facility provides eligible customers with access to funds up to a sanctioned limit. It is designed to help businesses manage temporary cash-flow requirements and meet short-term financial obligations.
Primary Use
- Temporary cash-flow gaps
- Short-term financial obligations
- Outgoing payments before receipts
- Business expense management
- Short-term liquidity requirements
Key Features
- Access up to sanctioned limit
- Short-term working capital support
- Convenient access to funds
- Flexible business fund management
- Terms based on credit assessment
Put working capital where your business needs it.
Different businesses have different operating cycles. Working capital facilities can help support eligible day-to-day requirements.
Keep inventory moving without disrupting your business cash flow.
Manage supplier and vendor payments.
Support regular operating expenses.
Bridge temporary cash-flow gaps.
Keep day-to-day business moving.
Working capital that supports operations.
OD and CC facilities can help eligible businesses address operational funding requirements according to sanctioned limits and applicable terms.
Manage Cash Flow More Efficiently
Access to an approved working capital facility can help businesses manage temporary gaps between receivables and payments.
Support Day-to-Day Operations
Funds can help eligible businesses meet regular operational and working capital requirements.
Manage Inventory
Working capital facilities can support eligible inventory and stock-related requirements.
Meet Supplier Payments
An OD or CC facility can assist businesses in managing supplier and vendor payments.
Maintain Business Continuity
Timely availability of working capital can help businesses manage regular expenses and smoother day-to-day operations.
What lenders may consider for your business.
OD and CC eligibility is assessed across business, financial and credit factors.
Business Vintage
The operating history of the business may form part of the eligibility assessment.
Business Turnover
Business turnover may be reviewed when assessing working capital requirements.
Financial Performance
Financial performance and available financial information may be part of the assessment.
Banking Transactions
Banking conduct and transaction history may be considered during credit assessment.
Credit History
Business and applicant credit history can influence applicable eligibility and terms.
Existing Financial Obligations
Existing loans and financial commitments may form part of the assessment.
Nature & Profile of Business
The type and profile of the business may affect the applicable assessment.
Repayment Capacity
Overall repayment ability may influence the sanctioned facility and applicable terms.
Your sanctioned limit is business-specific.
The final eligibility, sanctioned limit, pricing and other terms are determined according to applicable policies and credit assessment.
Get your business documents ready.
Applicants may be required to provide KYC, business and financial documents during the credit assessment process.
Two facilities. Different purposes.
Understanding the primary purpose of each facility can help you discuss the appropriate working capital requirement with the lender.
| Particular | Overdraft (OD) | Cash Credit (CC) |
|---|---|---|
| Primary Purpose | Short-term liquidity requirements | Working capital requirements |
| Suitable For | Temporary cash-flow gaps | Regular business operations |
| Limit | As sanctioned by the lender | As sanctioned by the lender |
| Usage | Subject to approved terms | Subject to approved terms |
| Assessment | Credit and financial profile | Business and financial assessment |
| Interest & Charges | As applicable under facility terms | As applicable under facility terms |
From business requirement to facility activation.
A structured six-stage process covering application, assessment, documentation, credit review and activation.
Application
Submit your basic personal, business and financial details to initiate the process.
Initial Assessment
The available information is reviewed to understand funding requirements and eligibility.
Documentation
Required KYC, business and financial documents are collected and verified.
Credit Assessment
Financial profile, banking conduct, business performance and credit history may be evaluated.
Sanction
Approved facility limit, applicable rate, charges and other terms are communicated.
Facility Activation
After applicable documentation and formalities, the facility is activated under sanctioned terms.
Before you explore OD or CC.
Common questions about working capital facilities, assessment, documents and the application journey.
What is an Overdraft (OD) Facility? +
An Overdraft Facility provides eligible customers with access to funds up to a sanctioned limit. It is designed to help businesses manage temporary cash-flow requirements and short-term financial obligations.
What is a Cash Credit (CC) Facility? +
A Cash Credit Facility is a working capital facility designed to help eligible businesses meet regular operational and business-related financial requirements.
What is the difference between OD and CC? +
OD is primarily suited to temporary liquidity requirements and short-term cash-flow gaps, while CC is primarily designed around regular working capital and ongoing business operations. Both are subject to sanctioned limits and applicable facility terms.
Who can explore OD & CC facilities? +
Depending on lender criteria, eligible traders, manufacturers, retailers, wholesalers, distributors, service providers and other eligible business entities may explore these facilities.
What factors affect OD or CC eligibility? +
Assessment may include business vintage, turnover, financial performance, banking transactions, credit history, existing financial obligations, business profile, financial documents and repayment capacity.
What documents are generally required? +
Applicants may be required to provide PAN, KYC documents, business registration documents, GST documents where applicable, bank statements, income-tax returns, financial statements, business address proof and existing loan details.
Is the sanctioned limit guaranteed? +
No. The final eligibility, sanctioned limit, pricing, charges and other terms are determined according to applicable policies and credit assessment.
Let's understand what your business needs.
Share your basic business and financial requirement with True Finserv and explore applicable OD or CC facility options.
Apply NowThe final eligibility, sanctioned limit, interest rate, charges, facility terms and other conditions are determined according to applicable policies and credit assessment. Submission of an enquiry does not guarantee sanction or facility activation.