Work Order Finance in Amritsar

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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

Oxyzo Work Order Finance is a revolutionary solution that can help businesses in Amritsar to improve their revenue potential, strengthen their supply chain, and benefit from instant disbursement. Located in the northwestern Indian state of Punjab, Amritsar is known for its rich cultural heritage, historical significance, and bustling business ecosystem. As one of the major commercial centers in the state, Amritsar is home to several industries including textiles, tourism, agriculture, and manufacturing.

If you are a business owner in Amritsar, you know how critical it is to manage your cash flow effectively to keep your operations running smoothly. Oxyzo Work Order Finance can help you with this by offering instant disbursement of funds. With this innovative financing solution, you can access funds quickly and easily, without the hassle of lengthy loan applications or collateral requirements. This can be especially beneficial if you have a short-term cash flow crunch or need to take advantage of a time-sensitive business opportunity.

But that’s not all – Oxyzo Work Order Finance can also help you increase your revenue potential. By providing you with the funds you need to fulfill your work orders, you can take on more orders and expand your business. This can be especially helpful if you are looking to grow your business or enter new markets. With Oxyzo Work Order Finance, you can take on larger projects, meet deadlines, and deliver quality services to your clients, all while maintaining your cash flow.

Another benefit of Oxyzo Work Order Finance is that it can help you strengthen your supply chain. By providing you with the funds you need to pay your suppliers and vendors on time, you can build stronger relationships with them. This can help you negotiate better terms and pricing, and ultimately improve your bottom line. With a strong supply chain, you can streamline your operations, reduce costs, and improve your overall business efficiency.

In conclusion, Oxyzo Work Order Finance is an excellent solution for businesses in Amritsar. Whether you are looking to improve your cash flow, increase your revenue potential, or strengthen your supply chain, Oxyzo Work Order Finance can help. With its innovative financing solutions and commitment to customer satisfaction, Oxyzo is the partner you can trust to help your business thrive.

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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