Vendor Finance in Uttar 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

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: Boosting Business Growth in Uttar Pradesh

Uttar Pradesh, located in the northern part of India, is one of the largest states in the country, with a population of over 200 million people. It is known for its rich cultural heritage, diverse landscape, and immense economic potential. In recent years, Uttar Pradesh has emerged as a hub for business and industrial growth, with several large and small enterprises operating in the state. Oxyzo Vendor Finance is a digital lending platform that is helping to fuel this growth by providing hassle-free financing solutions to businesses in Uttar Pradesh.

Benefits for Buyers

One of the key benefits of using Oxyzo Vendor Finance for buyers in Uttar Pradesh is high scalability. This means that businesses can access funding quickly and easily, allowing them to scale up their operations and meet the increasing demand for their products or services. Oxyzo Vendor Finance’s digital platform also provides a fast and efficient process for securing financing, eliminating the need for time-consuming paperwork and reducing the overall time to receive funds.

Additionally, Oxyzo Vendor Finance offers unsecured credit lines that are cheaper than traditional supplier credit. This means that businesses can access funds at a lower cost, reducing their overall financial burden and enabling them to invest in other areas of their business.

Benefits for Suppliers

Oxyzo Vendor Finance also offers benefits to suppliers in Uttar Pradesh. One of the key advantages is improved working capital cycles. By providing an instant disbursement of funds, Oxyzo Vendor Finance can help suppliers to better manage their cash flow, reducing the need for them to wait for extended periods before receiving payment for their goods or services. This can help to improve the overall financial health of their business and enable them to invest in new opportunities.

Another benefit for suppliers is the availability of an unsecured credit line. This means that they can access funds without the need for collateral, which can be a significant advantage for small businesses that may not have substantial assets to use as security. The digital platform of Oxyzo Vendor Finance also offers a hassle-free process for securing funds, reducing the overall time and effort required to access financing.

Conclusion

In conclusion, Oxyzo Vendor Finance is a leading digital lending platform that is helping to drive economic growth in Uttar Pradesh. By providing high scalability, a digital and hassle-free process, cheaper credit, improved working capital cycles, unsecured credit lines, and instant disbursement, Oxyzo Vendor Finance is enabling businesses in Uttar Pradesh to access the financing they need to grow and prosper. Whether you are a buyer or a supplier in Uttar Pradesh, Oxyzo Vendor Finance can help you to achieve your business goals and drive sustainable growth.

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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