Machinery Finance in Nagpur

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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

Welcome to Oxyzo Machinery Finance in Nagpur – your go-to destination for hassle-free, efficient, and speedy machinery financing solutions. We understand that access to machinery is crucial for business growth and profitability, and we are here to provide you with the necessary financial assistance to help you reach your goals.

Nagpur, the winter capital of Maharashtra, is a thriving city with a rich cultural heritage. It is also known as the “Orange City” due to the abundance of oranges grown here. Nagpur is a hub for the manufacturing and service industry, with many small and medium enterprises (SMEs) contributing to the city’s economy. Oxyzo Machinery Finance in Nagpur is dedicated to supporting these SMEs by providing financing solutions for the purchase of machinery and equipment.

Our financing solutions are designed to help you achieve better profitability for your business. We understand that access to machinery is essential for business growth and development. With our financing solutions, you can invest in the latest machinery and equipment to improve productivity and efficiency, which in turn leads to increased profitability. Our financing solutions are tailored to meet the unique needs of your business, ensuring that you have access to the funds you need to grow your business.

At Oxyzo Machinery Finance in Nagpur, we believe in providing instant disbursement of funds to our customers. Our streamlined processes and efficient services ensure that you receive your funds quickly, allowing you to make purchases and investments without delay. With our easy application process and quick disbursal, you can focus on growing your business rather than worrying about finances.

We also pride ourselves on offering a 100% digitized process for our customers. Our online application process is simple, user-friendly, and secure. You can apply for financing from the comfort of your home or office, without the need for lengthy paperwork or time-consuming visits to our office. Our digital solutions make the process faster, more efficient, and more convenient for you.

We understand that repayment options are a crucial factor when it comes to financing solutions. That’s why we offer flexible repayment options that are tailored to meet the unique needs of your business. Our repayment options are designed to ensure that you can repay the loan comfortably and without stress. We work with you to create a repayment plan that works for your business and helps you meet your financial goals.

In conclusion, if you are a business owner in Nagpur looking for machinery financing solutions, Oxyzo Machinery Finance in Nagpur is here to help. We offer efficient, speedy, and tailored financing solutions that help you achieve better profitability, with instant disbursal, a 100% digitized process, and flexible repayment options. Contact us today to learn more about how we can 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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