Purchase Finance in Alwar

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RBI Registered NBFC

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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 Alwar: Empowering Your Business with Seamless Finance Solutions

Alwar is a city in the Indian state of Rajasthan that is known for its rich history, cultural heritage, and scenic beauty. The city is rapidly developing as an industrial hub and is attracting investment from various sectors. With the increasing demand for financing solutions, Oxyzo offers Purchase finance in Alwar to support businesses in their growth journey.

Oxyzo Purchase finance offers several benefits that make it a preferred choice among businesses. Firstly, the loan enables businesses to procure goods and services at a cheaper cost, as they can now negotiate better prices with suppliers. Secondly, businesses can improve their working capital cycles, freeing up cash that was previously tied up in inventory.

The digital and simplified loan process of Oxyzo Purchase finance in Alwar ensures that businesses save time and effort in availing the loan. Oxyzo’s collateral-free line of credit ensures that businesses are not burdened with the risk of losing assets in case of loan default. This feature is especially beneficial for small businesses that do not have substantial assets to offer as collateral.

By availing Oxyzo Purchase finance in Alwar, businesses can grow their revenue and profitability, as they can now invest in their operations, marketing, and sales. The instant disbursement of the loan enables businesses to take advantage of market opportunities and scale up quickly. The interest charged is based on the usage of the loan, making it an affordable financing solution for businesses. The revolving credit feature allows businesses to draw funds as and when needed, ensuring that they have sufficient capital to run their operations smoothly.

In conclusion, Oxyzo Purchase finance in Alwar is a comprehensive financing solution that empowers businesses to achieve their growth goals. With its range of benefits, including cheaper procurement, improved working capital cycles, digital and simplified processes, collateral-free line of credit, and instant disbursement, businesses can focus on their core operations and scale up at a faster pace. So, if you’re looking to grow your business in Alwar, get in touch with Oxyzo today and explore the endless possibilities of growth with Purchase finance.

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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