Vendor Finance in Madhya Pradesh

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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 Madhya Pradesh: Empowering Buyers and Suppliers

Madhya Pradesh, located in the heart of India, is known for its rich cultural heritage, diverse landscape, and growing industrial sector. The state is home to a large number of small and medium-sized enterprises (SMEs) that contribute significantly to the state’s economic growth. These SMEs often struggle to access the necessary funds to scale their operations and meet the growing demand for their products or services. Oxyzo Vendor Finance in Madhya Pradesh is here to bridge that gap by providing hassle-free, affordable, and digital financing solutions to both buyers and suppliers.

Benefits for Buyers

Oxyzo Vendor Finance offers high scalability to buyers, enabling them to finance their purchases quickly and efficiently. This means buyers can scale up their operations and meet the growing demand for their products without worrying about financing. Additionally, the digital and hassle-free nature of Oxyzo’s financing solutions eliminates the need for lengthy paperwork and waiting periods, making the entire process faster and more efficient.

Another significant benefit of Oxyzo Vendor Finance for buyers is that it is cheaper than supplier credit. This means buyers can access funds at a lower cost and use the savings to reinvest in their business or increase their profit margins.

Benefits for Suppliers

Oxyzo Vendor Finance is not just beneficial for buyers; it also offers numerous advantages for suppliers. Improved working capital cycles are a significant advantage for suppliers, enabling them to manage their cash flow more efficiently. With Oxyzo Vendor Finance, suppliers can receive payments from buyers instantly, eliminating the need to wait for extended periods to receive their payments.

Additionally, Oxyzo’s financing solutions offer an unsecured credit line to suppliers, enabling them to access funds without having to provide collateral. This means that suppliers can access the necessary funds without putting their assets at risk.

Lastly, instant disbursement is another critical advantage of Oxyzo Vendor Finance for suppliers. Suppliers can receive their payments within a few hours of submitting their invoices, ensuring that they have access to the necessary funds to meet their working capital requirements.

Conclusion

Oxyzo Vendor Finance in Madhya Pradesh is committed to empowering SMEs in the state by providing them with hassle-free, affordable, and digital financing solutions. The benefits of Oxyzo’s financing solutions are numerous, including high scalability, improved working capital cycles, unsecured credit lines, and instant disbursement. By choosing Oxyzo Vendor Finance, buyers and suppliers can access the necessary funds to scale their operations and grow their businesses while managing their cash flow more efficiently.

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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