Vendor Finance in Bhopal

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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: Hassle-Free Financing for Bhopal’s Buyers and Suppliers

Bhopal is a city steeped in rich history and cultural heritage. As the capital of Madhya Pradesh, it is a hub of commercial activity, with businesses of all sizes operating within its borders. For these businesses to succeed, they need a reliable source of financing. That’s where Oxyzo Vendor Finance comes in.

Oxyzo Vendor Finance is a digital lending platform that provides unsecured credit lines to both buyers and suppliers in Bhopal. Our platform offers a number of benefits that make it an attractive option for businesses looking for financing solutions.

For Buyers: High Scalability, Digital and Hassle-Free, Cheaper than Supplier Credit

Buyers in Bhopal are always on the lookout for ways to scale their operations without breaking the bank. Oxyzo Vendor Finance offers a high level of scalability, with credit lines ranging from Rs. 1 lakh to Rs. 50 lakhs. Our digital lending platform ensures that the financing process is hassle-free and easy to navigate, with all the necessary documentation and application processes taking place online.

But perhaps the biggest advantage of Oxyzo Vendor Finance for buyers in Bhopal is its affordability. Our credit lines are typically cheaper than supplier credit, with interest rates starting at just 0.99% per month. This makes it easier for businesses to access the capital they need to grow and expand their operations.

For Suppliers: Improved Working Capital Cycles, Unsecured Credit Line, Instant Disbursement

Suppliers in Bhopal face a different set of challenges when it comes to financing. They need to manage their working capital cycles effectively, ensuring that they have enough cash on hand to meet their own financial obligations while still delivering products and services to their customers.

Oxyzo Vendor Finance offers an unsecured credit line to suppliers in Bhopal, with credit lines ranging from Rs. 1 lakh to Rs. 50 lakhs. This helps to improve working capital cycles by providing suppliers with the funds they need to meet their financial obligations without having to rely on their own cash reserves.

In addition, our platform offers instant disbursement, with funds transferred directly to suppliers’ accounts within 48 hours of approval. This makes it easier for suppliers to manage their finances and plan for the future, knowing that they have a reliable source of financing on hand.

Conclusion

Bhopal is a city full of opportunities for businesses of all sizes. To take advantage of these opportunities, businesses need reliable and affordable financing solutions. Oxyzo Vendor Finance provides just that, with a digital lending platform that offers high scalability, affordability, and hassle-free financing for both buyers and suppliers. If you’re a business owner in Bhopal looking for financing solutions, Oxyzo Vendor Finance is the perfect partner to help you achieve your goals.

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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