Machinery Finance

Meet your capex needs with our machinery loan solution

RBI Registered

RBI Registered

How does Machinery Finance Work?

How does Machinery Finance <span class="span">Work?</span>
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Purchase Finance Benefits

Better Profitability

Better Profitability

Businesses can increase their production capacity and book higher profits

Instant disbursement

Instant disbursement

Get loan disbursement within 24-48 hours of the amount being sanctioned

100% digitized process

100% digitized process

The online machinery loan process is fast and hassle-free

Flexible repayment options

Flexible repayment options

A machinery loan can be repaid with flexible EMI options

Low-cost credit

Low-cost credit

Machinery loan interest rates are relatively lower than other financing products

Eligibility & Required Documents

Apply with minimal documentation

Eligibility

Minimum turnover <strong>₹3 crores</strong>
Minimum turnover ₹3 crores
Business vintage <strong>3+ years</strong>
Business vintage 3+ years

Required Documents

<strong>KYC</strong> details
KYC details
Last <strong>6 months</strong> of banking
Last 6 months of banking
Financials for previous <strong>2 fiscal years</strong>
Financials for previous 2 fiscal years
<strong>GSTR details</strong> for current fiscal year
GSTR details for current fiscal year

How to Apply for Credit

Step-by-step online process to apply
for Financing

1

Check Eligibility

Check your loan eligibility

2

Submit Application

Complete a 100% online application form

3

Get Sanctioned

We will evaluate your application and propose a fair sanction

4

Receive Funds

Get disbursements within 2 days of sanction

Why Oxyzo?

Oxyzo provides new-age customized financing
products for your business needs

Quick hypothecation

Quick hypothecation

Low interest rate

Low interest rate

Higher LTV

Higher LTV

Easy EMI options

Easy EMI options

Approval within 48 hours

Approval within 48 hours

Nominal processing fee

Nominal processing fee

Flexible repayment tenure

Flexible repayment tenure

Know about Machinery Finance

With rising production costs and increasing capital expenditure, SMEs find it difficult to expand their business by investing in long-term assets like plant and machinery .In such situations, SMEs avail machinery loans or equipment finance to either renovate or purchase plant and machinery and increase their production capacity and take their business to the next level. Oxyzo, the SME-centric RBI registered NBFC, offers the best business financing solutions, such as machinery loans to its clients that are completely digitized, and hassle-free with no hidden charges

Frequently Asked Questions

Is machinery finance similar to a term loan ?
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Yes, a machinery loan is a capex term loan that helps in bringing higher productivity in business operations with the use of modern day manufacturing and assembly machines.
Does Oxyzo provide machinery loan without security ?
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Yes
For which type of assets does Oxyzo offer machinery finance ?
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Oxyzo offers machinery finance against fixed assets like plant and machinery.
How is the LTV determined for a machinery loan ?
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It depends on the type of asset. For new or standard assets, LTV is higher as compared to refurbished or non-standard assets.
What is the maximum sanction amount offered by Oxyzo for machinery finance ?
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It depends on the eligibility, your requirement and our comfort. If you meet our basic guidelines and our team has comfort in terms of credit assessment, we offer a decent sanction.
NOTE: No processing fee is being charged by Oxyzo before the sanction of the loan. Any individual claiming otherwise must not be entertained.
Please report such activity on getsupport@oxyzo.in
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