Invoice Discounting in Aurangabad

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RBI Registered NBFC

Check Your Loan Eligibility in Just 2 minutes!

Attractive interest rates
Attractive interest rates
Unsecured Loan upto 5 Crores
Unsecured Loan upto 5 Crores
Approval within 48 Hours
Approval within 48 Hours

Ready to Apply? Here's What You'll Need

Eligibility Criteria

Minimum turnover
₹3 crores
Years of Operation
3+ years
Entities
  • Public Limited
  • Private Limited
  • Sole Proprietorship
  • Partnership

Required Documents

Business Proof
GSTIN
KYC Details
  • PAN Card
  • Aadhaar Card
Financial Documents (last 3 years)
  • Bank Statement
  • Balance Sheet
  • P&L Statement

Our Terms

Interest Rates
Starts from 12% per annum
Processing Fees
Starts from 1% per annum
Penal Interest
Starts from 2% per month + Applicable Tax
EMI & Check Bounce Charges
500 + Applicable Tax

Invoice Discounting Benefits

Instant liquidity

Instant liquidity

Convert your unpaid invoices into immediate cash

Improve cash flow

Improve cash flow

Maintain steady cash flow without waiting for payment cycles

No collateral required

No collateral required

Unsecured financing against your invoices

Quick approval

Quick approval

Get approved within 48 hours with minimal documentation

Flexible terms

Flexible terms

Choose invoices to discount based on your needs

How does Invoice Discounting Work?

How to Apply for a Invoice Discounting

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

Unlock working capital instantly

Unlock working capital instantly

No collateral required

No collateral required

Competitive interest rates

Competitive interest rates

Quick approval process

Quick approval process

Flexible repayment options

Flexible repayment options

Minimal documentation

Minimal documentation

100% digital process

100% digital process

No hidden charges

No hidden charges

Get Working capital with Invoice Discounting

Oxyzo Invoice Discounting: Empowering Aurangabad’s Businesses

Aurangabad, also known as the “City of Gates,” is a bustling hub of trade and commerce in Maharashtra. With a rapidly growing economy and a business-friendly environment, Aurangabad is home to a diverse range of small and medium-sized enterprises (SMEs). However, many of these businesses struggle with cash flow issues and often find it challenging to access working capital from traditional lenders. This is where Oxyzo Invoice Discounting comes in.

Oxyzo Invoice Discounting is a fintech company that offers a unique financing solution to SMEs in Aurangabad. Invoice discounting is a process where a business sells its outstanding invoices to a third-party company at a discounted rate in exchange for immediate cash. Oxyzo Invoice Discounting offers a quick and hassle-free way for businesses to access working capital without the need for collateral or lengthy paperwork.

One of the most significant benefits of Oxyzo Invoice Discounting is the speed at which businesses can access funding. In many cases, businesses can receive funding within 24 hours of submitting their invoices. This can be a game-changer for SMEs that need to pay their suppliers or cover other expenses quickly.

Another significant advantage of Oxyzo Invoice Discounting is the lack of paperwork required. Traditional lending institutions often require extensive documentation, which can be time-consuming and burdensome for SMEs. With Oxyzo Invoice Discounting, businesses can complete the entire process online, eliminating the need for physical paperwork.

Finally, Oxyzo Invoice Discounting offers a revolving credit facility, which means that businesses can access funding on an ongoing basis as they generate new invoices. This can provide a valuable source of working capital for SMEs, enabling them to grow and expand their businesses.

In conclusion, Oxyzo Invoice Discounting is a valuable financing option for SMEs in Aurangabad. With its quick funding process, minimal paperwork requirements, and revolving credit facility, Oxyzo Invoice Discounting can help businesses overcome their cash flow challenges and achieve their growth objectives. If you’re an SME in Aurangabad looking for a reliable financing partner, look no further than Oxyzo Invoice Discounting.

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.
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