Vendor Finance in Bhavnagar

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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: Empowering Buyers and Suppliers in Bhavnagar

Bhavnagar, a city located in the western state of Gujarat, India, is known for its vibrant business culture and entrepreneurial spirit. It has a diversified economy, with thriving industries in textiles, shipbuilding, diamonds, and chemicals. As the city continues to grow and attract new businesses, the need for flexible and reliable financing solutions becomes increasingly important.

That’s where Oxyzo Vendor Finance comes in. We are a leading provider of vendor financing solutions, designed to help both buyers and suppliers in Bhavnagar to overcome financial obstacles and achieve their business goals.

Benefits for Buyers:

High scalability: With Oxyzo Vendor Finance, buyers can access higher credit limits than traditional bank loans or supplier credit, allowing them to scale their business operations quickly and efficiently.

Digital and hassle-free: Our platform is fully digital, making it easy for buyers to apply for financing, submit invoices, and track payments. With automated processes and real-time data, we can streamline the financing process and reduce the time and effort required for borrowers.

Cheaper than supplier credit: Our rates are highly competitive, and often lower than the cost of supplier credit. This means that buyers can save money on financing costs and reinvest those savings back into their businesses.

Benefits for Suppliers:

Improved working capital cycles: By partnering with Oxyzo Vendor Finance, suppliers can improve their cash flow and reduce their working capital cycles. Our financing solutions enable suppliers to get paid faster, reducing the time it takes to receive payment from buyers.

Unsecured credit line: Our financing solutions are unsecured, meaning that suppliers don’t need to provide collateral or other assets to secure the loan. This reduces the risk for suppliers and makes it easier for them to access the funds they need to grow their businesses.

Instant Disbursement: Our financing solutions provide instant disbursement of funds, allowing suppliers to receive payment as soon as the invoice is approved. This means that suppliers don’t need to wait for weeks or months to receive payment, helping them to manage their cash flow and focus on their core business operations.

In conclusion, Oxyzo Vendor Finance is committed to helping businesses in Bhavnagar to achieve their goals and succeed in a rapidly changing market. Our financing solutions are designed to be flexible, reliable, and tailored to the unique needs of each client. If you’re looking for a financing partner that can help you overcome financial obstacles and achieve your business goals, contact Oxyzo Vendor Finance today.

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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