Purchase Finance in Ahmedabad

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How does Purchase Finance Work?

Purchase Finance Benefits

Cheaper procurement

Cheaper procurement

Pay your suppliers upfront and get raw materials at the best rates

Improved working capital cycles

Improved working capital cycles

Manage your working capital better by solving cash flow issues

Digital and simplified process

Digital and simplified process

Apply for credit line online with a few clicks.

Collateral-free line of credit

Collateral-free line of credit

The unsecured working capital does not require land, property, BG or any other collateral

Grow revenue and profitability

Grow revenue and profitability

Reduce your input cost and book more profits

Instant disbursement

Instant disbursement

Receive funds against submission of supplier invoices instantly

Interest as per usage

Interest as per usage

The interest rate would be charged only for the exact amount and duration of use

Revolving credit

Revolving credit

60-120 days rotation cycle to meet working capital needs

Purchase 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 Purchase 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

Savings upto 3% on raw material purchases

Savings upto 3% on raw material purchases

Unsecured working capital

Unsecured working capital

Affordable interest rates

Affordable interest rates

No foreclosure charges

No foreclosure charges

No part-payment charges

No part-payment charges

No minimum utilization charges

No minimum utilization charges

No new bank account required

No new bank account required

Convenient repayments

Convenient repayments

Approval within 48 hours

Approval within 48 hours

One-time processing fee

One-time processing fee

Digitized process

Digitized process

Get Working capital with Purchase Finance

Oxyzo Purchase finance in Ahmedabad: A Financial Solution for Growing Businesses

Are you a business owner in Ahmedabad looking for a financial solution to grow your business? Oxyzo Purchase finance is the answer to your needs. With its cheaper procurement, improved working capital cycles, digital and simplified process, collateral-free line of credit, and instant disbursement, Oxyzo Purchase finance can help you grow your revenue and profitability.

One of the key benefits of Oxyzo Purchase finance is its affordability. Compared to other traditional loans, Oxyzo Purchase finance offers a more cost-effective solution for procuring the funds you need. This allows you to keep more of your hard-earned money and invest it back into your business.

In addition to its affordability, Oxyzo Purchase finance also offers a streamlined and digital process, making it easier and more convenient for you to access the funds you need. The loan application process is simple, and you can expect an instant disbursement of funds once your application is approved.

Another important benefit of Oxyzo Purchase finance is the flexibility it offers. The loan is a collateral-free line of credit, meaning you won’t have to put up any of your assets as collateral. This gives you peace of mind, knowing that your personal assets are protected.

With Oxyzo Purchase finance, you’ll also enjoy an improved working capital cycle. This means that you’ll have the funds you need to manage your business operations more effectively, and you won’t have to worry about running out of cash when you need it most.

Finally, Oxyzo Purchase finance offers a revolving credit facility, allowing you to borrow funds as you need them and repay them as you can. The interest you pay is based on your usage, so you’ll only pay for what you borrow.

In conclusion, Oxyzo Purchase finance is a financial solution designed to help businesses in Ahmedabad grow and succeed. With its cheaper procurement, improved working capital cycles, digital and simplified process, collateral-free line of credit, grow revenue and profitability, instant disbursement, interest as per usage, and revolving credit, Oxyzo Purchase finance is the ideal choice for business owners in Ahmedabad.

Ahmedabad: A Thriving City for Businesses

Ahmedabad is a city in the state of Gujarat in India and is known for its rich history and vibrant culture. The city is home to many small and large businesses, making it a hub for economic activity. Ahmedabad has a thriving business community, and the government has made significant investments in infrastructure to support the growth of local businesses.

With its rich history, thriving business community, and supportive government, Ahmedabad is an ideal location for businesses of all sizes. Whether you’re starting a new business or looking to expand your existing operation, Ahmedabad is a city that offers a wealth of opportunities for success.

Frequently Asked Questions

What is the purpose of purchase finance ?
Purchase finance is a working capital loan offered to SMEs for purchasing raw materials on advance payment terms.
Does Oxyzo provide unsecured purchase finance only ?
No, Oxyzo provides both secured and unsecured working capital limit to SMEs. Unsecured purchase finance is completely collateral-free while secured purchase finance is given against bank guarantee or residential/commercial property
Is purchase finance similar to cash credit ?
Yes
What is the eligibility for purchase finance ?
The working capital loan eligibility depends on the business vintage and turnover. SMEs must have a minimum turnover of 3 crores and a business vintage of atleast 3 years to apply online.
What is the maximum working capital limit offered by Oxyzo for purchase 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 working capital limit.
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