Work Order Finance in Anantapur

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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 in Anantapur is a game-changing solution for businesses that are struggling with cash flow issues. Anantapur, located in the state of Andhra Pradesh in India, is a city that is known for its economic growth and development. The city has a rich cultural heritage and is home to many industries such as mining, agriculture, and textiles.

Oxyzo Work Order Finance is a financial solution that provides instant disbursement of funds to businesses. This feature is particularly beneficial for businesses that operate in Anantapur, where cash flow can be a major challenge due to delayed payments and bureaucratic red tape. With Oxyzo Work Order Finance, businesses can access funds as soon as they need them, enabling them to take advantage of growth opportunities and meet their financial obligations without delays.

Another benefit of Oxyzo Work Order Finance is its potential to increase revenue. By providing businesses with instant access to funds, they can take on more work and fulfill larger orders without worrying about how they will finance the work. This can help businesses to grow and expand, ultimately leading to increased revenue potential.

Oxyzo Work Order Finance also helps to strengthen the supply chain for businesses. By providing fast access to funds, businesses can pay their suppliers on time, ensuring that the supply chain is uninterrupted. This can lead to better relationships with suppliers and a more reliable supply chain overall.

In summary, Oxyzo Work Order Finance in Anantapur is a valuable solution for businesses that are struggling with cash flow issues. With instant disbursement of funds, increased revenue potential, and a strengthened supply chain, businesses can overcome financial challenges and grow to their full potential. Oxyzo Work Order Finance is a solution that is tailored to the unique needs of businesses in Anantapur and is sure to make a positive impact on the local economy.

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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