Vendor Finance in Maharashtra

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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

Are you a business owner based in Maharashtra looking for a reliable financing option? Look no further than Oxyzo Vendor Finance. Based in Mumbai, Oxyzo Vendor Finance is a leading provider of vendor finance solutions that caters to the financing needs of both buyers and suppliers in Maharashtra.

Maharashtra, a state located in western India, is the second-most populous state in the country and has a booming economy. Known for its diverse culture and rich history, Maharashtra is home to major cities like Mumbai, Pune, Nagpur, and Aurangabad, which are hubs of commerce, education, and technology. The state is also a major producer of agricultural products, textiles, and automobiles.

Oxyzo Vendor Finance offers a range of benefits to both buyers and suppliers in Maharashtra. For buyers, Oxyzo’s vendor finance solutions provide high scalability, digital and hassle-free transactions, and financing at a lower cost than traditional supplier credit. This means that businesses can scale their operations and make more purchases without worrying about cash flow constraints. Oxyzo’s digital and hassle-free financing process saves time and reduces administrative overhead, making it an ideal solution for businesses of all sizes.

Additionally, Oxyzo’s vendor finance solutions are typically less expensive than traditional supplier credit. This is because Oxyzo’s financing rates are determined based on the creditworthiness of the buyer rather than the supplier, resulting in lower interest rates and fees.

For suppliers, Oxyzo Vendor Finance offers improved working capital cycles, an unsecured credit line, and instant disbursement of funds. Suppliers often face challenges when it comes to cash flow management, which can lead to delayed payments to their own suppliers, limited growth opportunities, and a lack of working capital. With Oxyzo’s vendor finance solutions, suppliers can access an unsecured credit line and receive instant disbursement of funds, allowing them to invest in their business, fulfill orders, and improve their working capital cycles.

In conclusion, Oxyzo Vendor Finance is a reliable financing option for businesses based in Maharashtra. With its high scalability, digital and hassle-free transactions, and lower cost than traditional supplier credit, businesses can scale their operations without worrying about cash flow constraints. For suppliers, Oxyzo’s vendor finance solutions provide an unsecured credit line, improved working capital cycles, and instant disbursement of funds, helping them to grow their business and increase profitability. With its expertise in vendor finance, Oxyzo is committed to helping businesses in Maharashtra achieve their financial 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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