Chat with UsCollateral-free
Unsecured business loans do not require land, property, bank guarantee or any other business collateral
How does Business Loan Work?
Business Loan Benefits
Low cost credit
The interest rate charged on a business loan is relatively lower than that of loan
100% digitized process
The online business loan process is fast and hassle-free
Flexible repayment options
A business loan can be repaid with flexible EMI options
Instant disbursement
Get loan disbursement within 24-48 hours of the amount being sanctioned
Eligibility & Required Documents
Apply with minimal documentation
Eligibility
Minimum turnover ₹3 crores
Business vintage 3+ years
Required Documents
KYC details
Last 6 months
Financials for previous 2 fiscal years
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
No collateral required
Minimum Paperwork
Attractive interest rate
Flexible repayment tenure
Approval within 48 hours
Nominal processing-fee
Easy EMI options
Get Working capital with Business Loan
Oxyzo Business Loan in Ahmedabad is a reliable and effective solution for entrepreneurs looking to take their business to the next level. Ahmedabad, the largest city in Gujarat, is known for its vibrant business ecosystem, making it a popular hub for start-ups and SMEs.
One of the biggest advantages of Oxyzo Business Loan in Ahmedabad is that it is collateral-free, which means that entrepreneurs do not have to pledge any asset as security to avail the loan. This is a great advantage for those who do not have any collateral to offer or are not comfortable doing so. Moreover, this loan is designed to be low-cost, ensuring that entrepreneurs can access credit at a reasonable rate without any additional financial burden.
Another advantage of Oxyzo Business Loan in Ahmedabad is its 100% digitized process. This means that entrepreneurs can apply for the loan online, making the application process quick and easy. The entire process, from application to disbursement, is completed digitally, saving entrepreneurs time and money.
Flexible repayment options are also available with Oxyzo Business Loan in Ahmedabad, giving entrepreneurs the freedom to choose the repayment terms that best suit their needs. Whether it’s a short-term loan or a long-term one, entrepreneurs can select the repayment terms that work best for them.
Finally, instant disbursement is one of the biggest benefits of Oxyzo Business Loan in Ahmedabad. Once an entrepreneur’s loan is approved, the funds are disbursed immediately, allowing them to put the money to work right away. This quick disbursement process is essential for entrepreneurs who need the funds to meet their business requirements without any delays.
In conclusion, Oxyzo Business Loan in Ahmedabad is an excellent option for entrepreneurs looking for hassle-free, low-cost credit. With its collateral-free approach, flexible repayment options, instant disbursement, and 100% digitized process, Oxyzo Business Loan in Ahmedabad is the ideal solution for entrepreneurs looking to grow their business.
Frequently Asked Questions
What is a business loan and for what purpose is it used ?
A business loan is a form of term loan that is specifically used by SMEs for business expansion purposes and to help them grow and scale their business. Monthly payments are fixed over the tenure with a lending agreement.A lending agreement is signed between a lender and a business. The lender provides money to the business. The business repays in an agreed-upon duration of time with an agreed amount of interest. We offer it as a term loan as it can be paid back quickly in EMIs convenient to the SME owners.
Does Oxyzo provide business loan without security only ?
No, Oxyzo offers both unsecured business loans and secured loans for setting up new factories, renovating existing plants and other business expansion activities.
How is the eligibility calculated for a business loan ?
Business loan eligibility depends on the business vintage and turnover. SMEs must have a minimum turnover of 3 crores and a business vintage of atleast 3 years to apply for business loan online.
What are the business loan documents required ?
SMEs are required to apply online for a business loan with the following documents:
- KYC documents
- Last 6 months of banking
- GSTR details for the current financial year
- Financial statements for the previous 3 financial years.
What is the maximum business loan offered by Oxyzo ?
The business loan limit in Oxyzo 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.
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