Work Order Finance in Bhopal

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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

Bhopal, the capital city of Madhya Pradesh, is a bustling commercial hub that is home to many industries, including manufacturing, engineering, and technology. As businesses in Bhopal continue to grow and expand, they often face financial challenges that can hinder their ability to compete in the marketplace. That’s where Oxyzo Work Order Finance comes in.

Oxyzo Work Order Finance is a financing solution that helps businesses in Bhopal overcome their financial challenges by providing instant disbursement of funds. With Oxyzo Work Order Finance, businesses can access the funds they need to pay for expenses like raw materials, labor costs, and overhead expenses. This allows businesses to take on more work orders and increase their revenue potential, which is essential for long-term growth and sustainability.

One of the key benefits of Oxyzo Work Order Finance is its ability to strengthen the supply chain. By providing businesses with the funds they need to fulfill their work orders, Oxyzo Work Order Finance helps ensure that the supply chain is robust and reliable. This is important for businesses that rely on a complex network of suppliers, vendors, and contractors to fulfill their orders.

In addition to instant disbursement and increased revenue potential, Oxyzo Work Order Finance also offers other benefits for businesses in Bhopal. For example, the application process is quick and easy, and businesses can receive funding in as little as 24 hours. This is essential for businesses that need to move quickly to take advantage of new opportunities or address unexpected challenges.

Another advantage of Oxyzo Work Order Finance is its flexibility. Unlike traditional financing solutions that require collateral or a high credit score, Oxyzo Work Order Finance is designed to meet the needs of businesses of all sizes and types. Whether you’re a small startup or a large enterprise, Oxyzo Work Order Finance can help you achieve your financial goals.

In summary, Oxyzo Work Order Finance is an essential financing solution for businesses in Bhopal. With its instant disbursement of funds, increased revenue potential, and ability to strengthen the supply chain, Oxyzo Work Order Finance is a powerful tool for businesses looking to grow and thrive in today’s competitive marketplace.

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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