access_time 2024-12-03T06:41:54.075Z face CA N Raja
Interchangeability in Credit Facilities: A Flexible Solution for Business Financing Vinu: Hey Manu, I was reading through some business loan sanction letters and came across the term "interchangeability facility between credit facilities." Can you explain what that means? Manu: Sure, Vinu! The inter...
access_time 2024-12-03T06:35:48.815Z face CA N Raja
Evaluating a Cash Credit Limit Enhancement: A Comprehensive Approach Vinu: Hey Manu, I heard the firm dealing in wholesale marine sea fish in Ernakulam wants to increase their cash credit limit from Rs. 200 lakhs to Rs. 400 lakhs. What's your take on that? Manu: Yes, Vinu, they made the request citi...
access_time 2024-11-26T14:28:07.326Z face CA N Raja
Understanding Borrower Roles: Borrower, Co-Borrower, Co-Obligant, and Guarantor Simplified Vinu: Hey Manu, I’ve been trying to understand some terms related to borrowing money. Can you explain the difference between a borrower, co-borrower, co-obligant, and guarantor? Manu: Sure, Vinu! Let’s break i...
access_time 2024-11-07T10:07:32.848Z face CA N Raja
Decoding Key Financial Ratios: TNW, NWC, TOL/TNW, and FACR Explained Vinu: Hey Manu, I keep coming across these financial terms like TNW, NWC, TOL/TNW, and FACR. Can you explain what they mean and how they’re calculated? Manu: Sure, Vinu! Let's break them down one by one, starting with TNW, which st...
access_time 2024-11-07T10:00:42.452Z face CA N Raja
Managing EPC and CC Limits: A Guide to Separate Accounts and Utilization Tracking Vinu: Manu, I have a case where the applicant has EPC (Export Packing Credit) as the main limit and CC (Cash Credit) as a sublimit. I’m wondering, will he have separate accounts for EPC and CC, or will it all be under ...