Vendor Finance in Karnataka

RBI Registered

RBI Registered NBFC

Download our App!
+91

Available on

Download AppDownload App
Download App

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
Our New App is Live!
Fuel Your Business Dreams with OXYZO
+91
Scan to get App
title
title
title

Enhanced Security Features

title

Hassle-free Loan Applications

title

Simplified Documentation Process

title

Get Disbursals on the Fly

title

Ledger on Your Fingertips

title

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

Karnataka is a state in southern India with a rich cultural heritage and a thriving economy. The state is known for its bustling IT hub, vibrant agriculture, and fast-growing manufacturing industry. It has become a preferred destination for businesses to grow and expand. Oxyzo Vendor Finance, a leading financial service provider in Karnataka, has been helping businesses in the state for many years.

Oxyzo Vendor Finance is a unique financial solution that provides a hassle-free digital platform for both suppliers and buyers. The platform has several benefits that are tailored to meet the needs of businesses in Karnataka. Here are some of the benefits of Oxyzo Vendor Finance for buyers and suppliers in Karnataka:

Benefits for Buyers:

High scalability: Oxyzo Vendor Finance offers a high level of scalability that enables buyers to increase their purchasing power without affecting their working capital. This means that businesses can grow rapidly without worrying about cash flow.

Digital and hassle-free: The platform provides a digital and hassle-free process that enables buyers to get instant credit without the need for extensive paperwork. This allows businesses to focus on their core operations without worrying about the financial process.

Cheaper than supplier credit: Oxyzo Vendor Finance offers credit at a cheaper rate than traditional supplier credit, which allows buyers to save money and reduce their overall cost of operations.

Benefits for Suppliers:

Improved working capital cycles: Oxyzo Vendor Finance offers an unsecured credit line that enables suppliers to get access to working capital without tying up their assets. This helps improve their working capital cycle and enables them to grow their business without any financial constraints.

Unsecured credit line: The platform offers an unsecured credit line that provides suppliers with the flexibility to use the credit as they need it. This allows them to manage their cash flow and working capital without worrying about collateral.

Instant Disbursement: Oxyzo Vendor Finance offers instant disbursement of funds to suppliers, which enables them to meet their financial obligations quickly and efficiently.

In conclusion, Oxyzo Vendor Finance is a powerful financial solution that offers a unique set of benefits to both buyers and suppliers in Karnataka. The platform is designed to help businesses grow and expand without worrying about financial constraints. With Oxyzo Vendor Finance, businesses can enjoy a hassle-free and digital financial process that enables them to focus on their core operations.

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.
HomeProducts By LocationsVendor Finance in Karnataka

Ask Queries, learn about products and much more

WhatsApp Us