Invoice Discounting in Bangalore

RBI Registered

RBI Registered NBFC

Download our App!
+91

Available on

Download AppDownload App
Download App

How does Invoice Discounting Work?

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 of banking
Financials for previous
Financials for previous 2 fiscal years
for current fiscal year
GSTR details for current fiscal year

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
Our New App is Live!
Fuel Your Business Dreams with OXYZO
+91
Scan to get App
title
title
title

Enhanced Security Features

title

Hassle-free Loan Applications

title

Simplified Documentation Process

title

Get Disbursals on the Fly

title

Ledger on Your Fingertips

title

Enhanced Security Features

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 Bangalore – Providing Quick Working Capital to Businesses in the Silicon Valley of India

Bangalore, also known as the Silicon Valley of India, is home to some of the world’s largest IT companies and startups. With a thriving business environment, businesses in Bangalore are constantly looking for ways to grow and expand. Oxyzo Invoice Discounting is a leading invoice discounting company in Bangalore that provides quick working capital solutions to businesses across various sectors.

About Bangalore: Bangalore is a cosmopolitan city that has witnessed rapid growth in the past few decades. The city’s vibrant business ecosystem has attracted businesses from various sectors such as IT, manufacturing, tourism, and healthcare. Bangalore’s government has taken several initiatives to promote entrepreneurship and ease of doing business, making it a popular destination for startups and SMEs.

Benefits of Quick Working Capital: The availability of working capital is crucial for the success of any business. Oxyzo’s invoice discounting solutions help businesses to unlock the cash tied up in their unpaid invoices, providing them with quick working capital. This helps businesses to meet their immediate cash flow requirements, pay suppliers on time, and take advantage of new opportunities.

No Paperwork: With Oxyzo’s invoice discounting solutions, businesses can easily apply for invoice discounting by uploading their unpaid invoices online. This hassle-free process ensures quick approvals and disbursals of funds within 24 hours. The ease of availing Oxyzo’s services with no cumbersome paperwork has made it the preferred choice for businesses in Bangalore.

Revolving Credit: Oxyzo’s invoice discounting solutions offer businesses the flexibility of revolving credit. This means that businesses can use the same unpaid invoices to obtain cash multiple times, as and when they need it. This facility helps businesses to improve their cash flow management and focus on growth and expansion.

Conclusion: Oxyzo Invoice Discounting in Bangalore provides businesses with quick working capital solutions, with no paperwork and a revolving credit facility. This helps businesses to meet their financial obligations and invest in growth opportunities, without worrying about cash flow issues. Contact Oxyzo today to know how their invoice discounting solutions can help your business grow in the Silicon Valley of India.

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.

Ask Queries, learn about products and much more

WhatsApp Us