Invoice Discounting in Ghaziabad

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 is the perfect solution for businesses in Ghaziabad that are in need of quick working capital without the hassle of traditional financing methods. Located in the bustling city of Ghaziabad, Oxyzo provides a revolutionary financing option that can help businesses grow and expand with ease.

Ghaziabad is a city in the northern part of India, located in the state of Uttar Pradesh. Known for its rich history and cultural significance, Ghaziabad has emerged as a major hub for businesses and entrepreneurs in recent years. With its strategic location near Delhi, the city offers a range of opportunities for companies to expand their reach and tap into new markets.

However, businesses in Ghaziabad often face the challenge of securing financing to fuel their growth. This is where Oxyzo Invoice Discounting comes in. Our innovative financing solution allows businesses to receive quick access to working capital without the hassle of traditional financing methods. This means no more waiting weeks for loan approval or filling out stacks of paperwork.

One of the key benefits of Oxyzo Invoice Discounting is the ability to access revolving credit. This means that businesses can continue to receive funding as they need it, allowing them to stay nimble and adapt to changing market conditions. With Oxyzo, businesses can unlock the potential of their accounts receivable and turn them into a valuable source of financing.

In addition to quick access to working capital and revolving credit, Oxyzo Invoice Discounting offers a range of other benefits for businesses in Ghaziabad. These include flexible repayment terms, competitive rates, and personalized customer service. Our team of experts is dedicated to helping businesses succeed, and we work closely with our clients to develop customized financing solutions that meet their unique needs.

So if you’re a business owner in Ghaziabad looking for a quick and easy way to access working capital, look no further than Oxyzo Invoice Discounting. With our innovative financing solutions, you can unlock the potential of your business and take it to new heights of success.

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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