Vendor Finance in Chandigarh

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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

Welcome to Oxyzo Vendor Finance, the leading provider of vendor financing solutions in Chandigarh. Our innovative financing solutions are designed to provide buyers and suppliers with a range of benefits that make their transactions easier, more efficient, and cost-effective.

About Chandigarh:

Chandigarh is a modern and cosmopolitan city located in northern India. It is the capital of two Indian states, Haryana and Punjab, and is known for its well-planned architecture, beautiful gardens, and vibrant cultural scene. Chandigarh is also an important commercial hub, with many large corporations and small businesses operating in the city.

Benefits for Buyers:

High scalability: Our vendor financing solutions are designed to meet the needs of buyers of all sizes. Whether you are a small business or a large corporation, we have the expertise and resources to help you grow your business.

Digital and hassle-free: Our digital platform makes it easy to apply for financing, track your transactions, and manage your account. We offer a completely paperless process that eliminates the need for time-consuming paperwork and manual processes.

Cheaper than supplier credit: Our financing solutions are often cheaper than traditional supplier credit, which can be expensive and inflexible. With Oxyzo Vendor Finance, you can get the financing you need at a lower cost and with more flexibility.

Benefits for Suppliers:

Improved working capital cycles: Our vendor financing solutions can help you improve your working capital cycles by providing you with quick and easy access to capital. This can help you manage your cash flow more effectively and reduce your reliance on expensive short-term financing options.

Unsecured credit line: We offer unsecured credit lines that do not require collateral, making it easier for you to access the financing you need without putting your assets at risk.

Instant Disbursement: Our digital platform allows us to disburse funds instantly, which means you can access the capital you need to grow your business quickly and efficiently.

At Oxyzo Vendor Finance, we are committed to providing our clients with innovative and cost-effective financing solutions that help them grow their businesses. Whether you are a buyer or a supplier, we have the expertise and resources to help you achieve your business goals. Contact us today to learn more about our financing solutions and how we can help you succeed in Chandigarh’s vibrant business environment.

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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