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What Is The Difference Between Running Finance And Cash Finance Facility?

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Cash finance is a term that means that the goods are pledged or released to the borrower against the cash payments only. While the running finance is offered by the financial companies against the mortgages. It usually comes under the heading of the working capital finance.

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Cash finance and running finance are short term finance and are renewable .Running   finance is used for working capital while cash finance is used against pledged goods and after paying in cash   that pledged goods are released by bank.

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