Machinery Finance in Belgaum

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 – Your Trusted Partner for Financing Heavy Machinery in Belgaum

Belgaum is a city located in the state of Karnataka, India. Known for its rich history, vibrant culture, and scenic beauty, Belgaum is a major commercial hub in the region. The city is home to a wide range of industries, including manufacturing, agriculture, and construction, which rely heavily on heavy machinery for their operations.

At Oxyzo Machinery Finance, we understand the challenges that businesses face when it comes to financing heavy machinery. That’s why we offer a range of customized machinery financing solutions that are tailored to meet the unique needs of your business.

Better Profitability

Investing in heavy machinery can be a daunting task, especially for small and medium-sized businesses. But with Oxyzo Machinery Finance, you can finance your machinery purchase without worrying about cash flow issues. Our machinery financing solutions can help you improve your business profitability by enabling you to invest in the latest machinery and equipment, which can improve efficiency, reduce downtime, and increase production capacity.

Instant Disbursement

At Oxyzo Machinery Finance, we understand that time is of the essence when it comes to financing heavy machinery. That’s why we offer instant disbursement of funds to our customers. Our streamlined loan application process ensures that you receive your funds as soon as possible, enabling you to purchase the machinery you need without any delay.

100% Digitized Process

We believe in making financing easy and hassle-free for our customers. That’s why we have digitized our entire loan application process. Our customers can now apply for machinery financing online, and all required documents can be uploaded electronically. This means that you can apply for machinery financing from the comfort of your own office, without having to visit a branch.

Flexible Repayment Options

We understand that different businesses have different financial needs and capabilities. That’s why we offer flexible repayment options to our customers. Our customers can choose from a range of repayment tenures that suit their business needs, and we also offer customized repayment schedules that are tailored to meet the specific needs of each customer.

Conclusion

At Oxyzo Machinery Finance, we are committed to providing our customers with the best possible financing solutions for their heavy machinery needs. Our machinery financing solutions are designed to help you improve your business profitability, enable instant disbursement of funds, provide a 100% digitized process, and offer flexible repayment options. Contact us today to learn more about how we can help you finance your machinery purchase in Belgaum

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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