Purchase Finance in Hyderabad

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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: A Solution to Your Business Needs in Hyderabad

If you are a business owner in Hyderabad, you are likely aware of the challenges in managing cash flow and procuring materials. Oxyzo Purchase finance provides a unique solution to these challenges, offering a range of benefits to help you grow your revenue and profitability.

Cheaper Procurement: Oxyzo Purchase finance provides a collateral-free line of credit, which makes procurement of materials cheaper and easier. With this loan, you can buy the materials you need for your business without having to put up any collateral or pay any advance payment.

Improved Working Capital Cycles: The loan provides improved working capital cycles, enabling you to manage your cash flow better and keep your business running smoothly. You can use the loan to cover the costs of your business operations, including purchasing raw materials, paying salaries and wages, and covering other expenses.

Digital and Simplified Process: Oxyzo Purchase finance offers a digital and simplified process, making it easy for you to apply for and receive the loan. The online application process is quick and straightforward, and you can receive your loan disbursement in a matter of hours.

Collateral-Free Line of Credit: The loan provides a collateral-free line of credit, which means you do not have to put up any collateral to secure the loan. This makes it easier for businesses of all sizes, including startups and small businesses, to access the financing they need to grow their operations.

Grow Revenue and Profitability: By using Oxyzo Purchase finance, you can grow your revenue and profitability by procuring materials at a lower cost and improving your working capital cycles. This will give you the financial stability and flexibility you need to expand your business and achieve long-term success.

Instant Disbursement: Oxyzo Purchase finance offers instant disbursement, which means you can receive your loan funds in a matter of hours. This fast and efficient process gives you the financial support you need to grow your business and meet your business needs.

Interest as per Usage: The loan is designed with interest charged only on the amount you use, which means you pay interest only on the amount you borrow. This helps to keep your loan costs low and makes it easier for you to manage your finances.

Revolving Credit: Oxyzo Purchase finance provides a revolving credit, which means you can reuse the loan as you pay it off. This gives you the flexibility to access additional funds whenever you need them, without having to go through the loan application process again.

In conclusion, Oxyzo Purchase finance is an ideal solution for businesses in Hyderabad looking to grow their revenue and profitability. With its range of benefits, including a collateral-free line of credit, digital and simplified process, and instant disbursement, it provides the financial support you need to take your business to the next level.

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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