Work Order Finance in Bangalore

RBI Registered

RBI Registered

How does Work Order Finance Work?

How does Work Order Finance
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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

Eligibility & Required 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
Financials for previous
Financials for previous 2 fiscal years
for current fiscal year
GSTR details for current fiscal year
Work order copy
Work order copy

How to Apply for Credit

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: Instant Disbursement, Increased Revenue Potential, and Strengthened Supply Chain in Bangalore

Bangalore is a city that has a thriving economy and a highly skilled workforce. The city has a reputation for being the Silicon Valley of India and has become the hub for startups, IT, and other high-growth industries. However, despite the growth, small and medium-sized enterprises (SMEs) in Bangalore often struggle to secure financing to meet their working capital needs. This is where Oxyzo Work Order Finance comes in, providing instant disbursement of funds, increased revenue potential, and a strengthened supply chain for businesses in Bangalore.

Instant Disbursement

Oxyzo Work Order Finance provides a hassle-free way for SMEs in Bangalore to access financing, without the need for collateral or lengthy approval processes. With an easy online application and quick approval, businesses can receive the funds they need within a matter of days. This instant disbursement of funds can help businesses to meet their immediate cash flow needs, such as paying suppliers or purchasing inventory.

Increased Revenue Potential

By providing financing to SMEs, Oxyzo Work Order Finance enables businesses to take on more orders and increase their revenue potential. With access to working capital, businesses can confidently take on larger projects, knowing that they have the financial resources to complete them. This can help businesses to grow and expand, creating new job opportunities and contributing to the overall economic growth of Bangalore.

Strengthened Supply Chain

With the instant disbursement of funds, businesses in Bangalore can pay their suppliers on time and avoid any disruptions to their supply chain. This can help to build trust and strong relationships with suppliers, leading to more favorable terms and pricing. A strengthened supply chain can also help businesses to better manage their inventory, reducing the risk of stockouts and lost sales.

In conclusion, Oxyzo Work Order Finance provides a much-needed solution for SMEs in Bangalore, enabling them to access the financing they need to grow and thrive. With instant disbursement of funds, increased revenue potential, and a strengthened supply chain, businesses can confidently take on new projects, expand their operations, and contribute to the economic growth of Bangalore.

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.
NOTE: No processing fee is being charged by Oxyzo before the sanction of the loan. Any individual claiming otherwise must not be entertained.
Please report such activity on getsupport@oxyzo.in
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