Open’s Line of Credit is an extended credit facility to enable access to working capital as and when it is required by businesses. Money can be borrowed instantly at the click of a button for a period of 60-90 days. Interest is calculated on a daily basis only on the amount used and only for the number of days, it is used. 

Businesses use Open’s Line of Credit to make timely vendor payments, meet GST deadlines, execute payroll on the due date, pay utility bills on time and many other use cases. 

Did this answer your question?