Work Order Finance in Assam

RBI Registered
RBI Registered NBFC

Check Your Loan Eligibility in Just 2 minutes!

Attractive interest rates
Attractive interest rates
Unsecured Loan upto 5 Crores
Unsecured Loan upto 5 Crores
Approval within 48 Hours
Approval within 48 Hours

Ready to Apply? Here's What You'll Need

Eligibility Criteria

Minimum turnover
₹3 crores
Years of Operation
3+ years
Entities
  • Public Limited
  • Private Limited
  • Sole Proprietorship
  • Partnership

Required Documents

Business Proof
GSTIN
KYC Details
  • PAN Card
  • Aadhaar Card
Financial Documents (last 3 years)
  • Bank Statement
  • Balance Sheet
  • P&L Statement

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

Work Order Finance

BenefitsHow Work Order Finance work?How to ApplyWhy OxyzoFAQsApply Online

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

How does Work Order Finance Work?

How to Apply for a Work Order Finance

Step-by-step online process to apply for Financing
Apply For Credit
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

Cashflow Aligned Credit offering

Cashflow Aligned Credit offering

Attractive interest rate

Attractive interest rate

100% digitized process

100% digitized process

Get Working capital with Work order finance

Oxyzo Work Order Finance is now available in Assam, a state in northeastern India known for its rich biodiversity, wildlife, tea plantations, and cultural heritage. As businesses in Assam continue to grow, there is a pressing need for financing solutions that can help them manage their cash flow, improve their revenue potential, and strengthen their supply chain. That’s where Oxyzo Work Order Finance comes in, providing businesses in Assam with an easy-to-use and affordable finance solution that can help them achieve their goals.

With Oxyzo Work Order Finance, businesses in Assam can benefit from instant disbursement, allowing them to access the funds they need to pay suppliers, manage payroll, and meet other urgent expenses. This can be especially helpful for small and medium-sized businesses, which may struggle to secure funding from traditional lenders. Oxyzo Work Order Finance is a hassle-free financing option that can help businesses in Assam improve their cash flow, reduce the risk of late payments, and maintain positive relationships with their suppliers.

In addition to instant disbursement, Oxyzo Work Order Finance can help businesses in Assam increase their revenue potential by allowing them to take on more work and larger projects. This financing solution is designed to help businesses fulfill work orders from their clients, which can help them expand their operations and increase their revenue over time. With Oxyzo Work Order Finance, businesses in Assam can take on new opportunities with confidence, knowing that they have the funding they need to get the job done.

Finally, Oxyzo Work Order Finance can help businesses in Assam strengthen their supply chain by providing them with the resources they need to pay their suppliers on time. This can be crucial for businesses that rely on a complex network of suppliers to keep their operations running smoothly. With Oxyzo Work Order Finance, businesses in Assam can improve their relationships with their suppliers, reduce the risk of supply chain disruptions, and maintain the high levels of service that their clients expect.

In conclusion, Oxyzo Work Order Finance is a valuable financing option for businesses in Assam, offering instant disbursement, increased revenue potential, and a stronger supply chain. Whether you run a small business or a larger enterprise, Oxyzo Work Order Finance can help you manage your cash flow, improve your profitability, and achieve your business goals. With its simple application process, competitive interest rates, and flexible repayment terms, Oxyzo Work Order Finance is the ideal choice for businesses in Assam that need quick and easy access to working capital.

Frequently Asked Questions

What is work order finance and who is it designed for?
Work Order Finance is a working capital solution designed for SMEs that receive work orders or tenders from government bodies, autonomous organizations, or large corporates but lack the upfront capital to execute them. Oxyzo finances the raw material procurement and operational costs required to fulfill the order, both at the pre-shipment and post-shipment stage. This allows SMEs to take on larger orders and grow revenue without being constrained by cash flow.
Is work order finance similar to purchase order finance?
Yes, work order finance and purchase order finance are similar in structure -- both are supply chain financing solutions providing working capital against documented orders. The key distinction is the order source: purchase finance typically covers raw material procurement from suppliers, while work order finance specifically supports executing formal work orders or tenders issued by government bodies, public sector units, or reputed private organizations. Both are offered by Oxyzo on unsecured, collateral-free terms.
Does Oxyzo offer collateral-free work order financing?
Yes, Oxyzo provides collateral-free work order finance to eligible SMEs. No land, property, bank guarantee, or other collateral is required for the unsecured variant. Eligibility is determined based on the business's turnover (minimum Rs 3 crores), business vintage (3+ years), and the credit assessment of the work order and the issuing organization.
What documents are required to apply for work order finance?
To apply for work order finance at Oxyzo, businesses need: KYC documents (PAN Card and Aadhaar), GSTIN, last 6 months of bank statements, GSTR details for the current financial year, audited financial statements for the previous 3 financial years, and a copy of the work order being financed. The application is completed entirely online.
What is the interest rate and maximum limit for work order finance?
Work order finance at Oxyzo starts from 12% per annum, with interest charged only on the amount actually used and for the duration of use. Processing fee starts from 1% per annum. The maximum credit limit is assessed case-by-case, depending on the size of the work order, the borrower's financial profile, and Oxyzo's credit comfort. Unsecured limits can go up to Rs 5 crores for eligible businesses.
How long does it take for work order finance to be disbursed?
After the credit line is approved and a valid work order copy is submitted, Oxyzo disburses funds within 24-48 hours. The approval process itself typically takes up to 48 hours, subject to document verification and credit assessment. The entire process is digital, with no branch visits needed.
Can government contractors and subcontractors use work order finance?
Yes, work order finance at Oxyzo is specifically designed for SMEs executing tenders from government bodies, autonomous organizations, public sector units (PSUs), and large private corporates. Both prime contractors and subcontractors who hold a valid work order from a recognized organization can apply. The work order copy is a key document in the application, as it serves as the underlying collateral for the credit facility and validates the business's revenue pipeline.
What is pre-shipment and post-shipment finance in the context of work order finance?
Pre-shipment finance covers the costs incurred before delivering goods or completing a work order -- such as procuring raw materials, paying for labor, or manufacturing expenses. Post-shipment finance (also known as bill discounting or invoice financing) covers the period after goods/services have been delivered but before the buyer has made payment. Oxyzo's work order finance supports both stages, ensuring SMEs have uninterrupted working capital throughout the entire order execution cycle.
What types of work orders does Oxyzo accept as eligible for financing?
Oxyzo accepts work orders from government departments, state and central PSUs, autonomous bodies (e.g., railways, defense, municipal corporations), and reputed private sector companies. The work order must be a formally documented, verifiable assignment with a defined scope and payment terms. Informal or unwritten purchase commitments are not eligible. The creditworthiness of the issuing organization is a key factor in Oxyzo's credit assessment, as it determines the reliability of eventual payment to the SME.
Can I apply for work order finance if I have multiple ongoing work orders simultaneously?
Yes, Oxyzo can structure a credit limit that covers multiple active work orders, subject to the aggregate value and the borrower's overall credit assessment. Each disbursement is triggered by submitting a specific work order copy, and multiple drawdowns can be live simultaneously under a single sanctioned facility. This makes the product ideal for SMEs with a portfolio of ongoing tenders, as it consolidates their working capital needs under one credit line instead of requiring separate loans for each order.
How does work order finance help SMEs grow their business?
Work order finance removes the single biggest barrier to SME growth in the B2G (business-to-government) and B2B space: the inability to accept large orders due to lack of upfront capital. By providing instant working capital against confirmed work orders, Oxyzo enables SMEs to bid for and execute larger contracts that would otherwise be out of reach. Over time, this builds the business's revenue track record, improves its credit profile, and creates a virtuous cycle of increasing order sizes and credit limits -- directly accelerating business scale-up.

Other Lending Products

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Procure raw materials at the right price

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Now execute your tenders with ease

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Invoice
Discounting

Unlock your capital instantly

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Vendor
Finance

Strengthen your supply chain with vendors

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Vendor <br/>Finance
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