Vendor Finance in Goa

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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 in Goa: Boosting Business Growth for Buyers and Suppliers

Goa, the western coastal state of India, is known for its beautiful beaches, vibrant culture, and delicious seafood. However, it is also a growing hub for businesses, particularly in the tourism, hospitality, and manufacturing sectors. To support the growth of businesses in Goa, Oxyzo Vendor Finance offers innovative financing solutions for both buyers and suppliers.

Benefits for Buyers: High Scalability, Digital and Hassle-free, Cheaper than Supplier Credit

For buyers, Oxyzo Vendor Finance provides a high level of scalability, allowing them to finance their purchases in a way that suits their business needs. With digital and hassle-free processes, buyers can quickly and easily secure funding for their purchases without having to go through the time-consuming and cumbersome process of applying for traditional credit.

Moreover, financing through Oxyzo Vendor Finance is often cheaper than supplier credit, as buyers can negotiate better terms and discounts by paying upfront for their purchases. This results in a significant cost saving for the buyer, allowing them to allocate their resources more efficiently and focus on business growth.

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

For suppliers, Oxyzo Vendor Finance offers several benefits. The improved working capital cycle allows suppliers to receive payment promptly, enabling them to manage their cash flow better. With an unsecured credit line, suppliers can access finance without having to put up collateral or provide personal guarantees, making it easier for them to grow their business.

Furthermore, Oxyzo Vendor Finance provides instant disbursement of funds to suppliers, eliminating the need to wait for payment or chase customers for payment. This not only saves time but also helps to maintain a healthy relationship between the supplier and the buyer, leading to repeat business and positive word-of-mouth.

Conclusion

With its digital and hassle-free financing solutions, Oxyzo Vendor Finance is a game-changer for businesses in Goa. Whether you are a buyer or a supplier, Oxyzo Vendor Finance offers a range of benefits that help you manage your cash flow better, scale your business, and improve your bottom line. With Oxyzo Vendor Finance, you can focus on what you do best – running and growing your business – and leave the financing to the experts.

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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