Vendor Finance in Bhilai

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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 is a leading financial service in Bhilai, India, providing vendor financing solutions to both buyers and suppliers. Bhilai is a bustling city located in the central Indian state of Chhattisgarh. The city is renowned for its steel production and is one of the fastest-growing industrial areas in the country. With a population of over a million people, Bhilai is a hub of business activity, making it an ideal location for Oxyzo Vendor Finance to provide its services.

Oxyzo Vendor Finance offers a range of benefits to both buyers and suppliers in Bhilai. For buyers, the high scalability of our vendor financing solutions is a significant advantage. We understand that buyers need financing options that can keep up with their growing business needs. Our solutions provide buyers with access to the funds they need to purchase goods and services from suppliers quickly and easily. With our vendor financing solutions, buyers can take advantage of high scalability and achieve their business goals with ease.

Another benefit for buyers is that our vendor financing solutions are digital and hassle-free. We understand that buyers have busy schedules, and that’s why we have made our financing solutions as convenient as possible. With our digital solutions, buyers can apply for financing online and get access to the funds they need within a short time. Our hassle-free financing solutions allow buyers to focus on growing their business rather than worrying about financing.

Our vendor financing solutions are also cheaper than supplier credit, providing buyers with an affordable financing option. We understand that buyers need financing solutions that are cost-effective and help them save money. Our solutions provide buyers with a cost-effective financing option that allows them to save money and invest in other areas of their business.

For suppliers, our vendor financing solutions offer several benefits as well. One of the main benefits is an improved working capital cycle. With our financing solutions, suppliers can access funds quickly and use them to finance their operations. This allows suppliers to manage their working capital more effectively and achieve their business goals.

Our vendor financing solutions also provide suppliers with an unsecured credit line. This means that suppliers do not need to provide collateral to access funds, making our solutions an ideal option for small and medium-sized enterprises. With our unsecured credit line, suppliers can access the funds they need without putting their assets at risk.

Finally, our vendor financing solutions offer instant disbursement, allowing suppliers to get access to funds quickly and easily. This makes our solutions an ideal option for suppliers who need funds urgently to finance their operations.

In conclusion, Oxyzo Vendor Finance offers a range of benefits to both buyers and suppliers in Bhilai. Our solutions are highly scalable, digital and hassle-free, cheaper than supplier credit, and offer improved working capital cycles, unsecured credit lines, and instant disbursement. With our solutions, businesses in Bhilai can achieve their business goals and grow their operations with ease.

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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