Vendor Finance in Bhubaneswar

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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 Businesses in Bhubaneswar

Bhubaneswar, the capital city of Odisha, is known for its rich cultural heritage and thriving economy. The city has emerged as a major business hub in eastern India, with a diverse range of industries, including IT, healthcare, education, and tourism. However, like any other city, businesses in Bhubaneswar face various challenges when it comes to managing their finances. This is where Oxyzo Vendor Finance comes into the picture.

Oxyzo Vendor Finance is a leading fintech company that offers innovative financial solutions to businesses in Bhubaneswar. The company provides vendor finance to both buyers and suppliers, helping them manage their working capital efficiently. Let’s take a closer look at the benefits of Oxyzo Vendor Finance for buyers and suppliers.

Benefits for Buyers

High scalability: With Oxyzo Vendor Finance, buyers can scale their businesses without worrying about their working capital. The company offers flexible credit lines, which can be increased as per the business’s growth requirements.

Digital and hassle-free: Oxyzo Vendor Finance’s digital platform makes the entire financing process hassle-free for buyers. From application to disbursement, everything can be done online, saving time and effort.

Cheaper than supplier credit: Oxyzo Vendor Finance offers credit at a lower rate of interest than traditional supplier credit. This helps buyers save on their financing costs, allowing them to allocate more funds toward their core business operations.

Benefits for Suppliers

Improved working capital cycles: Oxyzo Vendor Finance offers suppliers a faster and more efficient way to manage their working capital. The company provides unsecured credit lines, which can be used to finance its operations, purchase raw materials, and pay its employees.

Unsecured credit line: Unlike traditional financing options, Oxyzo Vendor Finance provides unsecured credit lines, which means that suppliers do not need to pledge any collateral to secure a loan. This makes the financing process much easier and faster for suppliers.

Instant disbursement: Oxyzo Vendor Finance’s digital platform allows for instant disbursement of funds. This means that suppliers can access the funds they need quickly and efficiently, without having to wait for weeks or months.

In conclusion, Oxyzo Vendor Finance is a game-changer for businesses in Bhubaneswar. Its innovative financial solutions help buyers and suppliers manage their working capital efficiently, allowing them to focus on growing their businesses. So, whether you are a buyer or a supplier in Bhubaneswar, Oxyzo Vendor Finance is the perfect partner for your financial needs.

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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