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Understanding the Role of Credit Score for Small Business Loan Approval

credit score for small business loan

Getting a small business loan can be a crucial step in growing your company—whether it’s for purchasing new equipment, managing cash flow, or expanding operations. But before a lender decides to approve your application, one of the first things they …

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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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