Purchase Finance in Pune

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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

Pune is one of the fastest-growing cities in India, known for its thriving industries, favorable economic conditions, and high standard of living. In this dynamic and ever-growing city, it is crucial for businesses to stay ahead of the competition and make smart financial decisions. One such decision that can help businesses in Pune is to opt for Oxyzo Purchase finance.

Oxyzo Purchase finance is a line of credit that offers a number of benefits to businesses in Pune. One of the key benefits of this loan is that it enables businesses to procure goods and materials at a cheaper rate. With access to financing, businesses can negotiate better deals with suppliers and make bulk purchases, leading to cost savings. This in turn can improve working capital cycles and ensure steady cash flow.

Another advantage of Oxyzo Purchase finance is that it is a digital and simplified process. The loan application can be completed online, and disbursement can be done instantly. This saves time and effort and eliminates the need for lengthy documentation and manual processes.

One of the most attractive features of Oxyzo Purchase finance is that it is collateral-free. This means that businesses can access financing without having to provide any security or collateral. This makes it easier for businesses to access financing and reduces the risk of losing assets.

By opting for Oxyzo Purchase finance, businesses in Pune can grow their revenue and profitability. With access to financing, they can invest in marketing and product development, expand their operations, and take advantage of new business opportunities.

Oxyzo Purchase finance also offers a revolving credit facility, which means that businesses can use the loan as and when needed. This can help businesses manage their cash flow and ensure that they have access to financing when they need it most.

Finally, the interest on Oxyzo Purchase finance is charged as per usage, which means that businesses only pay interest on the amount that they use. This helps to reduce the cost of financing and makes it a more affordable option for businesses.

In conclusion, Oxyzo Purchase finance is a smart financial decision for businesses in Pune. With its many benefits, including cheaper procurement, improved working capital cycles, digital and simplified process, collateral-free line of credit, the ability to grow revenue and profitability, instant disbursement, interest as per usage, and revolving credit, it can help businesses achieve their financial goals and succeed in a competitive marketplace.

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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