Machinery Finance in Amravati

RBI Registered

RBI Registered NBFC

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How does Machinery Finance Work?

Machinery Finance Benefits

Better Profitability

Better Profitability

Businesses can increase their production capacity and book higher profits

Instant disbursement

Instant disbursement

Get loan disbursement within 24-48 hours of the amount being sanctioned

100% digitized process

100% digitized process

The online machinery loan process is fast and hassle-free

Flexible repayment options

Flexible repayment options

A machinery loan can be repaid with flexible EMI options

Low-cost credit

Low-cost credit

Machinery loan interest rates are relatively lower than other financing products

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

Quick hypothecation

Quick hypothecation

Low interest rate

Low interest rate

Higher LTV

Higher LTV

Easy EMI options

Easy EMI options

Approval within 48 hours

Approval within 48 hours

Nominal processing fee

Nominal processing fee

Flexible repayment tenure

Flexible repayment tenure

Get Working capital with Machinery Finance

Welcome to Oxyzo Machinery Finance in Amravati!

Amravati, situated in the western region of Maharashtra, is a city that has made significant progress in recent years, with a growing industrial sector that offers ample opportunities for business expansion. The city has a well-developed infrastructure and is known for its favorable business environment. It is home to various small and medium-sized enterprises that form the backbone of the local economy.

At Oxyzo Machinery Finance, we understand the challenges that businesses face when it comes to financing their machinery requirements. That’s why we offer machinery loans that are tailored to meet your specific needs. We help you keep your business moving forward by providing financing options that are both flexible and affordable.

One of the most significant benefits of Oxyzo Machinery Finance is its impact on profitability. With our machinery loans, you can acquire the equipment you need to expand your business, improve your productivity and efficiency, and ultimately increase your revenue. You can invest in new machinery, upgrade existing equipment or even purchase a fleet of machinery to meet the growing demand of your business.

Another benefit of choosing Oxyzo Machinery Finance is the instant disbursement of funds. Our 100% digitized process allows us to process and approve your loan application quickly. Once approved, funds are disbursed to your account in no time. This ensures that you have access to the funds you need when you need them, enabling you to make prompt business decisions.

At Oxyzo Machinery Finance, we understand the importance of flexibility in repayment options. That’s why we offer various repayment plans, allowing you to choose a payment schedule that suits your business’s cash flow. Our repayment plans are designed to provide you with peace of mind, knowing that you have a manageable payment structure that fits your business.

In conclusion, Oxyzo Machinery Finance in Amravati offers numerous benefits for businesses looking for machinery loans. Our flexible repayment options, instant disbursement of funds, and 100% digitized process make financing your machinery needs hassle-free. With our machinery loans, you can achieve better profitability, invest in new equipment, upgrade your existing machinery, and expand your business. Contact us today and let us help you take your business to the next level.

Frequently Asked Questions

Is machinery finance similar to a term loan ?
Yes, a machinery loan is a capex term loan that helps in bringing higher productivity in business operations with the use of modern day manufacturing and assembly machines.
Does Oxyzo provide machinery loan without security ?
Yes
For which type of assets does Oxyzo offer machinery finance ?
Oxyzo offers machinery finance against fixed assets like plant and machinery.
How is the LTV determined for a machinery loan ?
It depends on the type of asset. For new or standard assets, LTV is higher as compared to refurbished or non-standard assets.
What is the maximum sanction amount offered by Oxyzo for machinery finance ?
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 sanction.

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