Machinery Finance in Bilaspur

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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

Machinery Finance 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 Machinery Finance

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 Bilaspur, where we specialize in providing financial solutions tailored to the needs of small and medium-sized enterprises. We understand the challenges that businesses face in today’s competitive marketplace, and we are here to help you succeed.

Bilaspur is a bustling city located in the heart of Chhattisgarh. With a growing population and thriving business community, Bilaspur is an excellent place to start or expand your business. Whether you are a manufacturer, distributor, or retailer, you need reliable machinery to keep your business running smoothly. That’s where Oxyzo Machinery Finance comes in.

Our financing solutions can help you acquire the machinery you need to grow your business and increase profitability. With our flexible repayment options and competitive interest rates, you can focus on running your business while we take care of the financing.

One of the benefits of working with Oxyzo Machinery Finance is our instant disbursement process. We understand that time is of the essence when it comes to business operations, and we work quickly to ensure that your funds are available when you need them. Our 100% digitized process means that you can complete your application online, saving you time and hassle.

Another advantage of working with us is our flexible repayment options. We understand that businesses have unique needs and cash flows, and we work with you to create a repayment plan that suits your needs. Our goal is to help you succeed, and we believe that flexible financing is one way we can achieve that.

At Oxyzo Machinery Finance, we are committed to helping businesses in Bilaspur and beyond. Our team of financial experts is here to answer your questions and help you navigate the financing process. Whether you need funding for new machinery, repairs, or upgrades, we can help.

In conclusion, Oxyzo Machinery Finance in Bilaspur offers financing solutions designed to help businesses grow and succeed. With our focus on better profitability, instant disbursement, 100% digitized process, and flexible repayment options, we are here to support your business every step of the way. Contact us today to learn more about how we can help you achieve your business goals.

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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