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Tag: flexible repayment lending

The Rise of Collateral-Free Credit Lines for MSMEs: Trends & Innovations

Collateral-Free Credit Lines

Access to credit plays a direct role in how small businesses operate and grow. For many MSMEs, the challenge is not lack of demand or effort, but timing. Payments from customers may take weeks, while expenses such as salaries, …

Open Financial Technologies Pvt Ltd,

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Sarjapur Road, Bengaluru

Karnataka – 560035

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“Open is a technology platform – it is not a bank and does not hold or claim to hold a banking license. The business current accounts, VISA corporate cards, business loans and other similar banking services/financial services offered on the Open platform are provided by RBI-licensed banks and financial institutions. All funds in the Open powered business current account are insured as per limits prescribed under the RBI’s deposit insurance scheme. The banking services/financial services offered on the Open platform are powered by our partner banks/financial institutions and follows all security standards and legal requirements prescribed by the partner bank/financial institution, in accordance with extant RBI regulations.”

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