Invoice Discounting in Rajasthan

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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

Invoice Discounting Eligibility & 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 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

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

Rajasthan is one of the largest states in India and is known for its rich history and culture. However, despite its diverse economy and numerous opportunities for business, many small and medium-sized enterprises in Rajasthan often struggle with cash flow issues. This is where Oxyzo Invoice Discounting comes in – a solution that provides quick working capital, without the need for lengthy paperwork.

With Oxyzo Invoice Discounting, businesses in Rajasthan can get access to the working capital they need in a matter of days, rather than weeks or months. This is because the process is simple, streamlined, and does not require a lot of paperwork. All a business owner needs to do is submit their invoices to Oxyzo, and they can receive up to 80% of the invoice value upfront. The remaining 20% is released once the customer pays the invoice.

One of the main benefits of using Oxyzo Invoice Discounting is the revolving credit that it provides. This means that once a business pays back the initial amount, they can borrow again. This makes it an ideal solution for businesses that have fluctuating cash flow needs, as it allows them to access funds when they need them most.

Another significant benefit of Oxyzo Invoice Discounting is that it does not require any collateral. This means that businesses do not need to put up their assets or property as security. Instead, the invoice itself acts as collateral, making it a more accessible option for small and medium-sized businesses.

In conclusion, Oxyzo Invoice Discounting is an excellent solution for businesses in Rajasthan looking to improve their cash flow. With its quick turnaround time, revolving credit, and no collateral requirements, it provides a hassle-free way for businesses to access the working capital they need. So, if you are a business owner in Rajasthan looking for a reliable way to fund your operations, Oxyzo Invoice Discounting is definitely worth considering.

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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