Purchase Finance in Dehradun

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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

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

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 is a digital lending platform that provides collateral-free finance to businesses in Dehradun. Dehradun, the capital city of Uttarakhand, is known for its natural beauty and is home to several industries, including tourism, education, and healthcare. Oxyzo Purchase Finance aims to help businesses in Dehradun with cheaper procurement and improved working capital cycles, enabling them to grow their revenue and profitability.

One of the main benefits of Oxyzo Purchase Finance is that it offers cheaper procurement to businesses in Dehradun. This means that businesses can negotiate better deals with suppliers and save on procurement costs. This can lead to increased profitability and improved cash flow for businesses.

Another benefit of Oxyzo Purchase Finance is that it provides businesses with an improved working capital cycle. With Oxyzo, businesses can get instant disbursement of funds, which means they can pay their suppliers on time and avoid any delays in their supply chain. This can help businesses maintain a positive relationship with their suppliers and improve their credibility.

The digital and simplified process of Oxyzo Purchase Finance is another significant advantage for businesses in Dehradun. The online application process is quick and easy, and businesses can complete the entire process from the comfort of their office or home. This means that businesses can save time and effort, and focus on growing their business.

Oxyzo Purchase Finance also provides a collateral-free line of credit, which means that businesses do not have to pledge any assets as security. This can be a significant advantage for small and medium-sized businesses that may not have enough collateral to pledge.

Moreover, businesses in Dehradun can benefit from Oxyzo’s interest as per usage features. This means that businesses only pay interest on the amount they use, rather than on the entire credit limit. This can help businesses save on interest costs and manage their cash flow more effectively.

Finally, Oxyzo Purchase Finance also provides revolving credit, which means that businesses can use and repay the funds as per their requirements. This can provide businesses with greater flexibility and help them manage their cash flow more efficiently.

In conclusion, Oxyzo Purchase Finance is an excellent choice for businesses in Dehradun looking for collateral-free finance. With its digital and simplified process, instant disbursement, and interest as per usage feature, Oxyzo can help businesses improve their working capital cycle and grow their revenue and profitability.

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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