Machinery Finance in Faridabad

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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

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

Oxyzo Machinery Finance in Faridabad: Boost Your Business with Flexible Financing

Faridabad, located in the state of Haryana, is a thriving industrial city with a diverse range of businesses. From small-scale enterprises to large corporations, Faridabad is home to a plethora of industries that are constantly growing and evolving. If you own a business in Faridabad, then you know how important it is to have the right machinery to keep up with the competition. However, purchasing and maintaining machinery can be a significant expense for any business owner. This is where Oxyzo Machinery Finance comes in to help.

Better Profitability

At Oxyzo, we understand the needs of business owners in Faridabad. Our machinery financing solutions are designed to help you improve your profitability by providing you with the necessary funds to acquire the equipment you need. With better machinery, you can increase your productivity, reduce downtime, and ultimately, increase your profits.

Instant Disbursement

At Oxyzo, we understand that time is of the essence when it comes to financing. That’s why we offer instant disbursement of funds, so you can acquire the equipment you need without delay. Our streamlined application process ensures that you can get the funds you need quickly and easily, without any unnecessary hassle.

100% Digitized Process

At Oxyzo, we pride ourselves on our commitment to technology. Our entire financing process is 100% digitized, meaning that you can apply for financing online from anywhere, at any time. You can also track your application and receive updates on its status in real-time, ensuring that you are always in the loop.

Flexible Repayment Options

At Oxyzo, we understand that every business is unique, and that’s why we offer flexible repayment options. We work with you to find a financing solution that fits your needs and budget, so you can repay the loan on your terms. With Oxyzo, you can rest assured that you will never be stuck with a financing solution that doesn’t work for you.

In conclusion, if you’re looking for a reliable and flexible machinery financing solution in Faridabad, look no further than Oxyzo. We are committed to helping business owners like you improve their profitability and achieve their goals. With instant disbursement, 100% digitized processes, and flexible repayment options, we make it easy for you to get the financing you need to 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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