Invoice Discounting in Hyderabad

RBI Registered

RBI Registered

How does Invoice Discounting Work?

How does Invoice Discounting
play_arrow

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

Hyderabad is a vibrant city known for its rich history, culture, and economic growth. As the capital of Telangana, Hyderabad is home to numerous industries, including information technology, pharmaceuticals, and biotechnology. The city has also emerged as a hub for small and medium-sized businesses that are driving growth in the region. For these businesses, access to working capital is crucial to sustain their operations and fuel their expansion plans.

That’s where Oxyzo Invoice Discounting in Hyderabad comes in. Oxyzo is a leading invoice discounting company that provides quick and hassle-free working capital solutions to businesses in Hyderabad. With Oxyzo, businesses can get access to cash based on their outstanding invoices, without any delays or paperwork.

One of the benefits of working with Oxyzo is the speed of their service. They understand that businesses need access to cash quickly, and they can provide funds within a few hours of approval. This speed is especially important for businesses that need to make payroll, pay suppliers, or invest in new opportunities. With Oxyzo, businesses can get the cash they need, when they need it.

Another benefit of working with Oxyzo is the lack of paperwork. Traditional lending institutions require businesses to provide extensive documentation, including financial statements, credit reports, and collateral. Oxyzo, on the other hand, only requires businesses to provide their outstanding invoices. This streamlined process not only saves time but also makes it easier for businesses to access the working capital they need.

Finally, Oxyzo offers revolving credit, which means businesses can access funds whenever they need them. As invoices are paid, businesses can use the funds to pay off their outstanding balance or draw down more funds. This flexibility allows businesses to manage their cash flow and take advantage of new opportunities as they arise.

In conclusion, Oxyzo Invoice Discounting in Hyderabad is an excellent choice for businesses looking for quick and hassle-free working capital solutions. With their speed, lack of paperwork, and revolving credit, businesses can access the funds they need to grow and thrive in this dynamic city.

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
© 2023 Oxyzo Financial Services Pvt. Ltd. All Rights Reserved