Vendor Finance in Anantapur

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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

Anantapur is a city located in the state of Andhra Pradesh, India. The city is known for its vast agricultural lands, as it is one of the top producers of crops such as cotton, chilies, and groundnuts. In recent years, the city has been undergoing rapid development and is fast emerging as a hub for small and medium-sized enterprises.

One of the key drivers of this development is Oxyzo Vendor Finance, which is helping businesses in Anantapur to access working capital through unsecured credit lines. Oxyzo Vendor Finance provides a range of benefits to both buyers and suppliers.

For buyers, Oxyzo Vendor Finance offers high scalability, digital and hassle-free processes, and cheaper credit than supplier credit. The high scalability of the financing options offered by Oxyzo Vendor Finance means that businesses can quickly and easily access the credit they need to grow their operations. The digital and hassle-free nature of the financing process means that businesses can apply for and receive funding quickly and without any undue stress or difficulties.

Furthermore, the financing options offered by Oxyzo Vendor Finance are cheaper than supplier credit, which means that businesses can save money on the cost of their credit, freeing up capital to invest in other areas of their operations.

For suppliers, Oxyzo Vendor Finance offers improved working capital cycles, unsecured credit lines, and instant disbursement of funds. Improved working capital cycles mean that suppliers can receive the cash they need to fund their operations quickly and without any delays, enabling them to continue operating efficiently and effectively.

The unsecured credit lines offered by Oxyzo Vendor Finance mean that suppliers do not have to provide any collateral to secure the financing they need, freeing up their assets and reducing their overall financial risk. The instant disbursement of funds means that suppliers can access the cash they need quickly and efficiently, without having to wait for extended periods.

In conclusion, Oxyzo Vendor Finance is playing a critical role in supporting the growth and development of businesses in Anantapur. By providing affordable, hassle-free, and accessible financing options to both buyers and suppliers, Oxyzo Vendor Finance is helping to create a thriving business ecosystem in the city, driving economic growth, and improving the livelihoods of its citizens.

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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