Vendor Finance in Assam

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RBI Registered NBFC

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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

Oxyzo Vendor Finance is a leading financial service in Assam, providing cutting-edge vendor financing solutions to buyers and suppliers across industries. Assam, known as the gateway to North East India, is a state in the northeastern part of the country, renowned for its lush green tea gardens, wildlife sanctuaries, and scenic beauty. With a rich cultural heritage, Assam has a diverse population, comprising different ethnic groups, and is famous for its traditional handicrafts, textiles, and bamboo products.

Oxyzo Vendor Finance has a significant presence in Assam, and its vendor financing solutions have been instrumental in driving business growth for buyers and suppliers. The company’s solutions are designed to address the unique financial needs of both buyers and suppliers, enabling them to grow their businesses, increase revenues, and enhance profitability.

For buyers, Oxyzo Vendor Finance offers a range of benefits that include high scalability, digital and hassle-free financing, and cheaper credit than supplier credit. With Oxyzo Vendor Finance’s solutions, buyers can quickly and easily scale up their businesses by accessing working capital to purchase inventory and supplies, without having to worry about the collateral requirements typically associated with traditional financing options.

Furthermore, Oxyzo Vendor Finance’s digital and hassle-free financing process ensures that buyers can access funds in a matter of hours, instead of weeks, making it an ideal option for those seeking fast and flexible financing options. Additionally, Oxyzo Vendor Finance’s financing solutions are often cheaper than traditional supplier credit, making it a more cost-effective financing option for buyers.

For suppliers, Oxyzo Vendor Finance provides several benefits, including improved working capital cycles, unsecured credit lines, and instant disbursement of funds. Suppliers can use Oxyzo Vendor Finance’s solutions to unlock the value of their invoices and receivables, allowing them to access working capital quickly and efficiently. The unsecured credit line provided by Oxyzo Vendor Finance does not require any collateral, which is often a significant advantage for suppliers who may not have the necessary assets to secure traditional financing options.

Additionally, Oxyzo Vendor Finance’s instant disbursement of funds ensures that suppliers can receive their payments quickly and efficiently, thereby reducing the risk of late payments or defaults. Overall, Oxyzo Vendor Finance’s vendor financing solutions have proven to be a game-changer for buyers and suppliers in Assam, allowing them to grow their businesses, increase revenues, and enhance profitability.

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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