Vendor Finance in Amritsar

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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

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

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

Amritsar, a city in the northwestern Indian state of Punjab, is known for its rich cultural heritage, scrumptious cuisine, and iconic Golden Temple. The city is a hub for trade and commerce, with businesses of all sizes thriving in this bustling metropolis. Among these businesses, Oxyzo Vendor Finance stands out as a leading provider of financing solutions for both buyers and suppliers.

For Buyers, Oxyzo Vendor Finance offers a high level of scalability that is essential for businesses that are looking to expand their operations. With Oxyzo’s digital and hassle-free financing solutions, buyers can easily access the capital they need to fuel their growth without worrying about traditional financing hurdles. Furthermore, Oxyzo’s financing is cheaper than traditional supplier credit, making it an affordable and convenient option for businesses of all sizes.

Oxyzo Vendor Finance’s digital platform provides an efficient and streamlined process for businesses to access the financing they need. The platform is designed to make the financing process easy and transparent, with a user-friendly interface that allows buyers to track their funding requests in real time. This transparency ensures that buyers can make informed decisions about their finances, while the digital platform provides added convenience by allowing buyers to access financing from anywhere at any time.

For Suppliers, Oxyzo Vendor Finance’s financing solutions can help improve working capital cycles by providing an unsecured credit line that can be drawn upon as and when required. This means that suppliers can manage their cash flow more effectively and improve their working capital position. Moreover, Oxyzo’s financing solutions come with instant disbursement, allowing suppliers to access the funds they need without any delay.

Oxyzo’s unsecured credit line provides suppliers with added flexibility, as they can use the funds to finance their operations or invest in growth opportunities. This credit line also comes with competitive interest rates, making it an attractive financing option for suppliers looking to grow their businesses.

In conclusion, Oxyzo Vendor Finance is a leading provider of financing solutions in Amritsar, offering benefits to both buyers and suppliers. With Oxyzo’s digital platform and competitive interest rates, businesses can easily access the financing they need to fuel their growth and improve their working capital position. Oxyzo’s financing solutions are designed to be hassle-free, making it a convenient option for businesses of all sizes. Whether you are a buyer looking to expand your operations or a supplier looking to improve your cash flow position, Oxyzo Vendor Finance is the ideal financing partner for businesses in Amritsar.

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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