Our Services
Types of Business Loans
A business loan loan is borrowed money that businesses use to cover costs they can't afford on their own in the short term.
Term loans are a common type of business loan with a fixed term and regular monthly payments.
Small Business Administration (SBA) loans are government-backed loans designed to support small businesses.
They work like a revolving credit account, allowing you to borrow funds up to a predetermined credit limit.
Equipment financing loans are used specifically to purchase business equipment or machinery.
These loans are used to purchase or refinance commercial real estate, such as office buildings, or retail spaces.
Invoice financing allows businesses to sell unpaid invoices to a lender at a discount.
Merchant cash advances provide a lump sum of capital in exchange for a percentage of daily credit card sales.
They may require a personal guarantee or collateral, as startups often lack a business credit history.
Working capital loans are used to cover day-to-day operating expenses, such as payroll, inventory, and bills.
Frequently asked questions
Don't be afraid of your questions. ...
At Open Capital, we understand that every business is different and has different financial needs. That's why we offer Business Loans that are designed to be flexible and customisable, so you can get the quick funding required to grow your business. Whether you're new to business, experiencing a slowdown, or need funds for any other purpose, our Business Loans can help you get the money when you need it the most.
Who can get business loans?
We offer business loans to individuals and sole proprietorships.
Am I Eligible for a business loan?
You are eligible for a Business Loan if you fall under the category of an individual or sole proprietorship. However, the loan approval depends on the proper submission of documents, the basis of your financial history and our internal credit policy.
How much EMI do I need to pay?
Our EMI depends on the loan amount and the tenure you selected for repayment.