Invoice Discounting in Telangana

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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

Oxyzo Invoice Discounting is a leading invoice discounting service provider in Telangana, offering quick and hassle-free working capital solutions to businesses. Telangana is a state in southern India known for its rich cultural heritage, IT hubs, and booming industries. With a population of over 35 million, Telangana is home to a large number of small and medium-sized businesses that require working capital to fuel their growth.

One of the major benefits of using Oxyzo Invoice Discounting is the quick availability of working capital. Traditional financing options such as bank loans can take weeks or even months to process, leaving businesses in a cash crunch. However, Oxyzo Invoice Discounting offers fast turnaround times, allowing businesses to access funds in a matter of days. This enables businesses to seize growth opportunities, pay suppliers, and cover expenses without any delays.

Another benefit of using Oxyzo Invoice Discounting is the absence of paperwork. Traditional financing options often require extensive documentation and collateral, which can be time-consuming and cumbersome for businesses. However, Oxyzo Invoice Discounting offers a streamlined process that requires minimal documentation, making it easier for businesses to access the funds they need.

Additionally, Oxyzo Invoice Discounting offers revolving credit, which means that businesses can use the same collateral multiple times to access working capital. This is especially useful for businesses with fluctuating cash flows or seasonal demand. With Oxyzo Invoice Discounting, businesses can access funds as and when they need them, without worrying about exhausting their collateral.

In conclusion, Oxyzo Invoice Discounting is a reliable and convenient working capital solution for businesses in Telangana. With quick turnaround times, minimal paperwork, and revolving credit, businesses can easily access the funds they need to grow and thrive. So, if you are a business owner in Telangana looking for working capital solutions, consider partnering with Oxyzo Invoice Discounting today.

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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