Vendor Finance in Chhattisgarh

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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

Welcome to Oxyzo Vendor Finance, the premier provider of vendor financing solutions in Chhattisgarh. We offer innovative financing solutions that cater to the needs of buyers and suppliers, making transactions more efficient, cost-effective, and hassle-free.

About Chhattisgarh:

Chhattisgarh is a rapidly developing state located in central India. It is known for its rich cultural heritage, diverse geography, and abundant natural resources. The state is home to many small and large businesses, making it an important commercial hub in the region.

Benefits for Buyers:

High scalability: At Oxyzo Vendor Finance, we understand that buyers come in all shapes and sizes. That’s why we offer vendor financing solutions that are scalable and customizable to meet the unique needs of every buyer. Whether you are a small business or a large corporation, we have the resources and expertise to help you grow.

Digital and hassle-free: We offer a completely digital platform that streamlines the financing process for buyers. Our paperless process eliminates the need for tedious paperwork and manual processes, making it quick and easy to apply for financing, track transactions, and manage accounts.

Cheaper than supplier credit: Traditional supplier credit can be expensive and inflexible. Our financing solutions are often cheaper than traditional supplier credit, providing buyers with more cost-effective and flexible financing options.

Benefits for Suppliers:

Improved working capital cycles: Managing cash flow can be challenging for suppliers. At Oxyzo Vendor Finance, we provide quick and easy access to capital, helping suppliers improve their working capital cycles and manage cash flow more effectively.

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

Instant disbursement: Our digital platform allows us to disburse funds instantly, giving suppliers quick access to the capital they need to grow their business.

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