Work Order Finance in Bhilai

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RBI Registered NBFC

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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

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 of banking
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

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 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

Bhilai, located in the Indian state of Chhattisgarh, is known for its steel industry and is home to one of the largest steel plants in India. With a growing economy, Bhilai is a hub for various industries, including manufacturing, construction, and transportation. Oxyzo Work Order Finance is a financial service provider that aims to provide instant disbursement to businesses in Bhilai, allowing them to increase their revenue potential and strengthen their supply chain.

With Oxyzo Work Order Finance, businesses in Bhilai can access quick and hassle-free financing solutions. Our instant disbursement feature ensures that businesses receive funds within 48 hours of loan approval, which can be crucial in meeting urgent financial needs. This can help businesses to avoid delays and take advantage of time-sensitive opportunities.

By providing access to instant funds, Oxyzo Work Order Finance can help businesses in Bhilai increase their revenue potential. Our financing solutions can help businesses to take on more work orders and projects, which can translate into higher revenues. This can help businesses to grow and expand, while also improving their bottom line.

In addition to increasing revenue potential, Oxyzo Work Order Finance can also help businesses in Bhilai strengthen their supply chain. With our financing solutions, businesses can purchase raw materials and equipment, pay suppliers, and manage cash flow more effectively. This can help to improve the overall efficiency of the supply chain, ensuring that businesses can meet customer demand and avoid disruptions.

Overall, Oxyzo Work Order Finance is a valuable financial service provider for businesses in Bhilai. With our instant disbursement feature, businesses can access funds quickly and easily, allowing them to increase revenue potential and strengthen their supply chain. If you are a business owner in Bhilai, contact us today to learn more about our financing solutions and how we can help your business grow.

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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