Invoice Discounting in Faridabad

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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

Faridabad, located in the Indian state of Haryana, is a rapidly growing industrial hub with a thriving business community. Companies in Faridabad face many challenges when it comes to managing their finances, especially when it comes to cash flow. This is where Oxyzo Invoice Discounting comes in, providing quick working capital solutions to businesses in Faridabad.

One of the biggest advantages of using Oxyzo’s invoice discounting service is that it provides fast access to working capital. This is especially beneficial for small and medium-sized businesses in Faridabad, which may not have the financial resources to cover expenses in a timely manner. With Oxyzo’s quick and easy working capital solutions, businesses can access the funds they need to keep their operations running smoothly.

Another benefit of using Oxyzo’s invoice discounting service is that it eliminates the need for paperwork. This is a huge time-saver for businesses in Faridabad, who can avoid the hassle of filling out lengthy forms and submitting documents. Oxyzo’s online platform streamlines the entire process, making it easy for businesses to get the funding they need without having to deal with paperwork.

Oxyzo’s invoice discounting service also offers revolving credit, which is a valuable feature for businesses in Faridabad. With revolving credit, businesses can access funds on an ongoing basis, rather than having to apply for new loans every time they need money. This can be a game-changer for businesses, as it provides a steady stream of working capital that can be used to cover expenses as they arise.

Overall, Oxyzo Invoice Discounting is a great solution for businesses in Faridabad that need quick and easy access to working capital. With its fast, paperless process and revolving credit options, Oxyzo is the perfect partner for businesses looking to grow and succeed in the competitive Faridabad market.

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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