Vendor Finance in Mumbai

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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

Oxyzo Vendor Finance is a leading financial services provider in Mumbai, catering to the funding needs of vendors and suppliers in various industries. Mumbai, the financial capital of India, is a hub of businesses and commercial activities, making it an ideal location for Oxyzo Vendor Finance to operate and serve its clients. In this article, we will discuss the benefits of Oxyzo Vendor Finance for both buyers and suppliers in Mumbai.

About Mumbai

Mumbai is the capital city of Maharashtra and is known for its diverse culture, architecture, and of course, the Bollywood film industry. It is also one of the largest commercial and financial centers in India, with a robust economy and a thriving business ecosystem. The city is home to many large and small enterprises, making it an ideal location for Oxyzo Vendor Finance to provide its services to vendors and suppliers.

Benefits for Buyers

High scalability: Oxyzo Vendor Finance provides high scalability to buyers, enabling them to scale their business operations seamlessly. This means that buyers can expand their operations without worrying about the funds required to do so.

Digital and hassle-free: With Oxyzo Vendor Finance, buyers can enjoy a completely digital and hassle-free funding process. From application to disbursement, the entire process is online, making it convenient and efficient.

Cheaper than supplier credit: Oxyzo Vendor Finance offers funding at a much lower rate of interest than traditional supplier credit. This means that buyers can save money on interest charges and use the funds for other business activities.

Benefits for Suppliers

Improved working capital cycles: Oxyzo Vendor Finance helps suppliers to improve their working capital cycles by providing quick and easy access to funds. This means that suppliers can meet their cash flow requirements and manage their business operations efficiently.

Unsecured credit line: Oxyzo Vendor Finance provides an unsecured credit line to suppliers, which means that they do not have to provide any collateral to secure the funding. This makes it easier for suppliers to obtain funds and manage their cash flow.

Instant disbursement: With Oxyzo Vendor Finance, suppliers can get instant disbursement of funds. This means that they can access the funds they need quickly and efficiently, without any delay.

In conclusion, Oxyzo Vendor Finance provides a range of benefits to buyers and suppliers in Mumbai. With high scalability, a digital and hassle-free process, and cheaper funding for buyers, and improved working capital cycles, unsecured credit lines, and instant disbursement for suppliers, Oxyzo Vendor Finance is the ideal financial services provider for businesses in Mumbai. So, if you are a vendor or supplier in Mumbai, consider Oxyzo Vendor Finance for all your funding needs.

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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