Purchase Finance in Goa

RBI Registered

RBI Registered NBFC

Download our App!
+91

Available on

Download AppDownload App
Download App

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
Our New App is Live!
Fuel Your Business Dreams with OXYZO
+91
Scan to get App
title
title
title

Enhanced Security Features

title

Hassle-free Loan Applications

title

Simplified Documentation Process

title

Get Disbursals on the Fly

title

Ledger on Your Fingertips

title

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 is an innovative financing solution that is perfect for businesses in Goa looking to streamline their procurement processes, improve their working capital cycles, and increase their revenue and profitability. With its digital and simplified process, collateral-free line of credit, and instant disbursement, Oxyzo Purchase Finance is the ideal financing solution for businesses looking to grow and succeed in today’s competitive market.

Goa, the smallest state in India, is known for its picturesque beaches, lush greenery, and laid-back lifestyle. But despite its small size, Goa is a bustling hub of business and commerce. Many businesses in Goa face the challenge of managing their procurement processes efficiently, which can often result in cash flow problems and a slow working capital cycle. This is where Oxyzo Purchase Finance comes in.

One of the key benefits of Oxyzo Purchase Finance is that it offers businesses in Goa the opportunity to procure goods and services at a cheaper rate, thanks to the line of credit that it provides. This means that businesses can save money on their purchases, which can help them to improve their profitability and grow their revenue over time.

In addition to its cost-saving benefits, Oxyzo Purchase Finance also offers businesses in Goa an improved working capital cycle. By providing businesses with a revolving line of credit, Oxyzo Purchase Finance ensures that they have access to the funds they need to keep their operations running smoothly, without having to worry about cash flow issues.

Another key advantage of Oxyzo Purchase Finance is its digital and simplified process. With its easy-to-use online platform, businesses in Goa can apply for financing and manage their accounts quickly and easily. This means that they can spend less time worrying about financing and more time focusing on their core business activities.

Furthermore, Oxyzo Purchase Finance is a collateral-free line of credit, which means that businesses in Goa do not need to provide any collateral or security to access the funds they need. This can be a major advantage for businesses that do not have significant assets to pledge as collateral.

Finally, Oxyzo Purchase Finance offers businesses in Goa interest as per usage, which means that they only pay interest on the funds they actually use. This can help businesses to manage their cash flow more effectively and avoid unnecessary interest payments.

In summary, Oxyzo Purchase Finance is an ideal financing solution for businesses in Goa that are looking to streamline their procurement processes, improve their working capital cycles, and grow their revenue and profitability. With its digital and simplified process, collateral-free line of credit, and interest as per usage, Oxyzo Purchase Finance is the perfect partner for businesses looking to succeed in today’s competitive market.

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.
HomeProducts By LocationsPurchase Finance in Goa

Ask Queries, learn about products and much more

WhatsApp Us