Invoice Discounting in Ajmer

RBI Registered

RBI Registered

How does Invoice Discounting Work?

How does Invoice Discounting
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Invoice Discounting Benefits

Interest as per usage

Interest as per usage

The interest would be charged only for the exact amount and duration of use

Quick working capital

Quick working capital

Get business working capital against unpaid invoices within 2 days

Improve receivables cycle

Improve receivables cycle

Accelerate your cashflows and run your business seamlessly

No paperwork

No paperwork

Complete the entire process online to avail bill discounting facility

Revolving credit

Revolving credit

Get 60-120 days to rotate the limit and reduce the working capital gap

Eligibility & Required Documents

Apply with minimal documentation

Eligibility

Minimum turnover
Minimum turnover ₹3 crores
Business vintage
Business vintage 3+ years

Required Documents

details
KYC details
Last
Last 6 months
Financials for previous
Financials for previous 2 fiscal years
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

Competitive rate of interest

Competitive rate of interest

No part-payment charges

No part-payment charges

100% digitized application process

100% digitized application process

No foreclosure charges

No foreclosure charges

Nominal processing fee

Nominal processing fee

No minimum utilization charges

No minimum utilization charges

Approval within 48 hours

Approval within 48 hours

Easy Repayments

Easy Repayments

Get Working capital with Invoice Discounting

Oxyzo Invoice Discounting in Ajmer is a reliable and efficient financial service provider that offers quick working capital to small and medium enterprises (SMEs) in the Ajmer region. Ajmer is a historic and cultural city located in the northwestern part of India. It is the fifth largest city in Rajasthan and is famous for its beautiful lakes, forts, and temples. The city has a rich history and is also known for its thriving commercial and industrial sectors.

Oxyzo Invoice Discounting in Ajmer understands the financial needs of SMEs in the city and provides them with fast and efficient financial solutions. One of the main benefits of working with Oxyzo is that there is no paperwork involved. SMEs do not have to worry about lengthy and complicated documentation processes, as everything is done online. This makes the entire process quick and hassle-free.

Another benefit of working with Oxyzo is that they offer revolving credit. This means that SMEs can access funds whenever they need them, without having to go through the approval process every time. This is a great advantage for businesses that have unpredictable cash flows or require quick access to working capital.

Oxyzo Invoice Discounting in Ajmer is an excellent solution for SMEs that require quick access to working capital. The financial services they offer are efficient and reliable, and their team of experts is always on hand to offer support and advice. With no paperwork involved and revolving credit, Oxyzo makes the entire process of securing funding easy and stress-free.

In conclusion, Oxyzo Invoice Discounting in Ajmer is a great choice for SMEs in Ajmer who need quick and efficient financial solutions. With the benefits of no paperwork and revolving credit, Oxyzo is a reliable and trustworthy partner for businesses in the region. Whether you need funds for growth, expansion, or simply to manage your cash flow, Oxyzo Invoice Discounting in Ajmer has the perfect solution for you.

Frequently Asked Questions

What does invoice discounting mean ?
Invoice discounting or bill discounting is a receivables financing wherein you sell your unpaid invoices to a lender for immediate cash to strengthen your working capital cycles.
What are the advantages of invoice discounting ?
With invoice discounting, one can get paid against unpaid invoices and fulfill their working capital finance needs. There is no collateral required.
What is an escrow account ?
Escrow account is an arrangement in which escrow amount is held by the third party,usually a lender, on behalf of the buyer and seller that are in the process of completing a transaction. It facilitates secure and safe transactions as the third party has the first right of withdrawal in case of default.
What is the eligibility for invoice discounting ?
The eligibility for invoice discounting 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 online invoice discounting.
What is the maximum limit offered by Oxyzo for invoice discounting ?
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 proportion of the invoice value.
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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