Purchase Finance in Kolkata

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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 Business Loan in Kolkata: Unlock Your Business Potential

Are you a business owner in Kolkata looking for funding options? With Oxyzo Business Loan, you can get access to collateral-free, low-cost credit to help you grow and expand your business. Our 100% digitized process ensures quick and hassle-free loan disbursal, and our flexible repayment options make it easy to manage your finances.

But before we dive into the benefits of Oxyzo Business Loan, let’s take a quick look at Kolkata.

About Kolkata

Kolkata, also known as the City of Joy, is the cultural capital of India. It is the commercial and financial hub of Eastern India and is home to a diverse range of industries such as textiles, jute, electronics, and more. The city is also known for its rich history, stunning architecture, and delectable cuisine.

With its bustling markets and entrepreneurial spirit, Kolkata is a great place to start or grow a business. And with Oxyzo Business Loan, you can unlock your business potential and take it to new heights.

Benefits of Oxyzo Business Loan

Collateral-free: Unlike traditional loans, Oxyzo Business Loan is collateral-free, which means you don’t have to provide any security to avail of the loan. This makes it easier for small and medium-sized businesses to access funding.

Low-cost credit: Our interest rates are competitive, making it affordable for you to take on a loan and invest in your business. With Oxyzo Business Loan, you can focus on growing your business without worrying about high-interest rates.

100% digitized process: Our online loan application process is quick and simple, which means you can apply for a loan from the comfort of your home or office. Our digitized process also ensures that you get the loan disbursal within a few days of loan approval.

Flexible repayment options: We understand that every business is unique, and that’s why we offer flexible repayment options. You can choose the repayment tenure that suits your business needs, which could be anywhere between 12 to 36 months.

Instant disbursement: With Oxyzo Business Loan, you can get the loan disbursal within 24 to 48 hours of loan approval. This ensures that you can use the funds when you need them the most.

In conclusion, Oxyzo Business Loan in Kolkata offers a range of benefits for businesses looking for funding options. Whether you’re looking to expand your business or invest in new equipment, we can help you achieve your goals. With our collateral-free, low-cost credit, 100% digitized process, flexible repayment options, and instant disbursement, you can unlock your business potential and take it to new heights.

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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