Work Order Finance in Alwar

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How does Work Order Finance Work?

Work Order Finance Benefits

Instant disbursement

Instant disbursement

Get disbursements within two days to grow your business

Interest as per usage

Interest as per usage

The interest would be charged only for the exact amount and duration of use

Increase revenue potential

Increase revenue potential

Serve bigger orders to increase your sales

Strengthen supply chain

Strengthen supply chain

SMEs get pre-shipment as well as post shipment finance to run business smoothly

Work Order 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 Work Order 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

Collateral-free working capital

Collateral-free working capital

Approval within 48 hours

Approval within 48 hours

Easy repayment tenure

Easy repayment tenure

No minimum utilization charges

No minimum utilization charges

Low interest rates

Low interest rates

100% digitized

100% digitized

Get Working capital with Work order finance

Alwar is a beautiful city located in the northern part of Rajasthan, India. It is known for its rich history and cultural heritage, making it a popular tourist destination. However, Alwar is also an important industrial hub with a strong manufacturing base, including automobile, cement, and chemical industries. This has led to the growth of small and medium-sized businesses in the region, and as a result, there is a high demand for financing options that cater to their specific needs. This is where Oxyzo Work Order Finance comes in.

Oxyzo Work Order Finance is a unique financing solution that caters to the needs of businesses in Alwar. One of the key benefits of this financing option is the instant disbursement of funds. This means that businesses can get the funds they need to run their operations without having to wait for long periods. This is particularly beneficial for small and medium-sized businesses that need to keep their cash flow going to maintain their operations.

Another benefit of Oxyzo Work Order Finance is that it can increase the revenue potential of businesses in Alwar. By providing businesses with the funds they need to take on more orders, they can increase their revenue potential and expand their operations. This is particularly useful for businesses that are looking to grow and expand their operations in Alwar and beyond.

Additionally, Oxyzo Work Order Finance can help strengthen the supply chain of businesses in Alwar. By providing financing options to suppliers and vendors, businesses can ensure that they have a stable supply of goods and services. This can help them maintain their operations and avoid any disruptions that can affect their bottom line.

In conclusion, Oxyzo Work Order Finance is a reliable financing solution for businesses in Alwar. With its instant disbursement, revenue potential, and supply chain benefits, businesses can rely on Oxyzo to help them grow and succeed in a competitive market.

Frequently Asked Questions

What is the purpose of work order finance ?
This type of sme finance is part of our supply chain financing solution which helps SMEs get working capital support for completing work orders given by government and large corporate bodies.SMEs thus serve large business volumes, increase revenue and scale up their business.
What are the documents required for a work order finance ?
SMEs are required to apply online for a work order loan 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
  • Work order copy
Is work order finance similar to purchase order finance ?
Yes
Does Oxyzo provide collateral-free work order finance ?
Yes
What is the maximum limit offered by Oxyzo for work order finance ?
It depends on the business requirement of the SME.
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