Vendor Finance in Ahmedabad

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How does Vendor Finance Work?

Vendor Finance Benefits

For BuyersFor Buyers

Benefits
High scalability
High scalability

Complete big orders with multiple vendors flexibly and scale your business

Digital and Hassle-free
Digital and Hassle-free

Complete the entire process from sanction to disbursal online.

Cheaper than supplier credit
Cheaper than supplier credit

Get raw materials at the best rates by making an upfront payment

For SuppliersFor Suppliers

Benefits
Improved working capital cycles
Improved working capital cycles

Manage your working capital better and expand faster

Unsecured credit line
Unsecured credit line

The unsecured vendor finance is given without putting land or property as collateral.

Instant Disbursement
Instant Disbursement

Receive funds within 24-48 hours of vendor loan sanction

Vendor 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 Vendor 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

Unsecured working capital

Unsecured working capital

Competitive interest rates

Competitive interest rates

Easy Repayment tenure

Easy Repayment tenure

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

Savings up to 3% on raw material purchases

Savings up to 3% on raw material purchases

100% digitized and simplified process

100% digitized and simplified process

Approval within 48 hours

Approval within 48 hours

One-time processing fee

One-time processing fee

Flexible Repayments

Flexible Repayments

Get Working capital with Vendor Finance

Oxyzo Vendor Finance: Hassle-free, Digital Financing for Buyers and Suppliers in Ahmedabad

Ahmedabad, the largest city in Gujarat, is a hub of business and commerce. With a thriving manufacturing sector and a growing startup ecosystem, Ahmedabad offers ample opportunities for businesses to expand and succeed. However, access to finance has always been a challenge for businesses in Ahmedabad, especially for small and medium enterprises (SMEs).

This is where Oxyzo Vendor Finance comes in. Oxyzo is a digital financing platform that provides working capital financing to both buyers and suppliers in Ahmedabad. Oxyzo’s vendor finance solution offers a range of benefits that make it a preferred choice for businesses in Ahmedabad.

For Buyers: High scalability, Digital and Hassle-free, Cheaper than supplier credit

Oxyzo’s vendor finance solution enables buyers to extend their payment terms to suppliers without affecting their working capital cycle. This allows buyers to scale up their operations without worrying about cash flow constraints. Moreover, Oxyzo’s platform is entirely digital, making the financing process hassle-free and transparent. Buyers can apply for financing online, track the status of their application, and receive disbursements directly into their bank account.

In addition, Oxyzo’s vendor finance solution is cheaper than supplier credit. Buyers can negotiate better terms with their suppliers and save on the cost of credit. Oxyzo offers flexible repayment options, which means that buyers can choose a repayment schedule that suits their cash flow cycle.

For Suppliers: Improved working capital cycles, Unsecured credit line, Instant Disbursement

Oxyzo’s vendor finance solution also benefits suppliers in Ahmedabad. Suppliers can receive early payment for their invoices, which improves their working capital cycle. They can access an unsecured credit line that is not linked to their credit history or credit score. This means that even if a supplier has a low credit score, they can still qualify for financing on Oxyzo’s platform.

Moreover, Oxyzo’s platform offers instant disbursement, which means that suppliers can receive a payment within a few hours of submitting their invoices. This helps suppliers to manage their cash flow better and reduce their reliance on expensive forms of credit.

In conclusion, Oxyzo Vendor Finance is an excellent choice for buyers and suppliers in Ahmedabad who want to access hassle-free, digital financing that is cheaper than traditional forms of credit. With Oxyzo’s vendor finance solution, businesses can grow and succeed without worrying about cash flow constraints.

Frequently Asked Questions

What are the documents required for vendor finance ?
SMEs can apply for vendor finance with the following documents :
  • KYC
  • Last 6 months of banking
  • GSTR details for the current financial year
  • Financial statements for the previous 3 financial years
  • Property document
Does Oxyzo provide collateral-free vendor finance ?
Yes
How is eligibility calculated for vendor finance ?
The eligibility depends on the business vintage and turnover. SMEs must have a minimum turnover of 3 crores and a business vintage of at least 3 years to apply online
What are the benefits of vendor financing for an anchor ?
In vendor financing or payables financing, the anchor gets the benefit of an off-balance-sheet facility, can negotiate the best procurement prices, and there is high scalability due to standard documentation which enables the anchor to onboard any number of vendors through a hassle-free process.
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