Work Order Finance in Asansol

RBI Registered

RBI Registered NBFC

Download our App!
+91

Available on

Download AppDownload App
Download App

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
Our New App is Live!
Fuel Your Business Dreams with OXYZO
+91
Scan to get App
title
title
title

Enhanced Security Features

title

Hassle-free Loan Applications

title

Simplified Documentation Process

title

Get Disbursals on the Fly

title

Ledger on Your Fingertips

title

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

Asansol is a city in the Indian state of West Bengal that is known for its rich history, vibrant culture, and bustling commercial activity. It is a hub for industries such as steel, coal, and cement, and is home to many small and medium-sized businesses that rely on a steady flow of work orders to keep their operations running smoothly.

However, managing work orders can be a challenge for businesses of all sizes, especially when it comes to financing. Oxyzo Work Order Finance is a solution that can help businesses in Asansol and beyond overcome these challenges and take their operations to the next level.

One of the key benefits of Oxyzo Work Order Finance is instant disbursement. With this solution, businesses can get access to the funds they need to complete work orders quickly and efficiently. This can help them avoid delays, meet deadlines, and keep their clients happy.

In addition to instant disbursement, Oxyzo Work Order Finance can also help businesses in Asansol increase their revenue potential. By providing access to financing, businesses can take on more work orders and expand their operations without having to worry about cash flow issues. This can help them grow their revenue and reach new heights of success.

Another advantage of Oxyzo Work Order Finance is its ability to strengthen the supply chain. By providing financing to businesses in Asansol, Oxyzo can help them build strong relationships with suppliers and vendors, ensuring that they have the resources they need to complete work orders on time and to a high standard.

In conclusion, if you’re a business owner in Asansol, Oxyzo Work Order Finance can help you overcome the challenges of managing work orders and taking your operations to the next level. With instant disbursement, increased revenue potential, and a strengthened supply chain, this solution is a game-changer for businesses of all sizes. Contact Oxyzo today to learn more about how we can help you achieve your goals.

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.
HomeProducts By LocationsWork Order Finance in Asansol

Ask Queries, learn about products and much more

WhatsApp Us