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Tag: receivables financing

Invoice Discounting: A Quick Alternative to Traditional Working Capital Loans

invoice financing for MSMEs

For many growing businesses, the real challenge is not a lack of orders or revenue. It is the time gap between delivering goods or services and getting paid for them. Long credit periods are common, especially when working with large …

Open Financial Technologies Pvt Ltd,

Tower 2, 3rd floor, RGA Tech Park,

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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