8 Internal Credit Line

Internal Credit Line enables corporate user to define internal credit limits for its subsidiaries and track usage. Often a corporate with cash surplus creates a credit line internally for one of its group companies to utilize. This is to avoid higher bank lending rates and to better utilize internal funds.

Using this option corporate user can

• Create Internal Credit Line
• View Internal Credit Line
• Edit Internal Credit Line
• Close Internal Credit Line

• Create Internal Credit Line
  
• View Internal Credit Line
  
• Edit Internal Credit Line
  
• Close Internal Credit line