Why opt for Line of Credit?
Line of Credit
Easy Withdrawal
Withdraw funds as per your needs
Interest Charged
Pay interest as you use funds
Simplified Repayment
Pay early to save on interest
Best use case
Powers Working Capital Gap
Business Loan
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Disbursal of the full amount in one go amount
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EMIs are charged for the full loan amount
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Fixed Interest charged
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Powers Capital expenditure
How to apply for a Line of Credit via Open Cash?
Open Cash makes accessing and managing your line of credit simple and efficient:
Seamless Onboarding
STEP 1
Fill in your details and business information effortlessly
Instant Credit Access
STEP 2
Flexible Repayment
STEP 3
Who can apply for a Line of Credit via Open Cash?
CIBIL score exceeding 725+
Business in operation for more than 2 years
Provide 12 months of bank statements
Frequently Asked Questions
How does Open Cash provide me with a Line of Credit?
How is a business Line of Credit different from a personal Line of Credit?
What are Line of Credit interest rates like?
How can I apply for a Line of Credit online?
Who is eligible for a business Line of Credit?
What documents are required for a Line of Credit?
How do I use the Line of Credit?
When can I withdraw cash from the Line of Credit?
What is the repayment process in Line of Credit?
Can I close my line of credit at any time?
Is a business loan the same as a Line of Credit?
What is the impact of delayed repayment of a Line of Credit?