Invoice Discounting in Gwalior

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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
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Enhanced Security Features

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Hassle-free Loan Applications

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Simplified Documentation Process

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Get Disbursals on the Fly

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Ledger on Your Fingertips

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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

Welcome to Oxyzo Invoice Discounting, your trusted partner for obtaining quick working capital in Gwalior without any paperwork. As a business owner in Gwalior, you know that access to working capital is critical to the growth and success of your business. At Oxyzo Invoice Discounting, we understand your financial needs and offer a solution that can help you meet them.

About Gwalior:

Gwalior is a historic city in Madhya Pradesh, India. It is a hub for small and medium-sized businesses, with a thriving industrial sector that includes manufacturing, textiles, and handicrafts. The city is also known for its rich cultural heritage, magnificent forts, and palaces, making it a popular tourist destination.

Quick Working Capital:

As a business owner in Gwalior, you may require quick working capital to manage unexpected expenses, fund growth opportunities or take advantage of seasonal demand. Oxyzo Invoice Discounting offers a simple and fast way to obtain working capital without the hassle of traditional bank loans. Our process is designed to be quick and easy, so you can get the funds you need when you need them.

No Paperwork:

At Oxyzo Invoice Discounting, we believe that obtaining working capital should be hassle-free. That’s why we offer a streamlined process that requires no paperwork. Our online platform enables you to submit your invoices and receive funding quickly and easily, without any paperwork or lengthy approval processes.

Revolving Credit:

One of the major benefits of working with Oxyzo Invoice Discounting is the revolving credit facility. This allows you to access working capital whenever you need it, based on your outstanding invoices. With revolving credit, you can manage cash flow fluctuations and take advantage of growth opportunities without worrying about a lack of funds.

In conclusion, Oxyzo Invoice Discounting offers a simple, fast, and hassle-free way to obtain working capital in Gwalior. Our platform is designed to provide you with the financial flexibility you need to grow your business, without the stress of traditional bank loans. So why wait? Contact us today and take the first step toward unlocking your business’s true potential.

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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