Work Order Finance in Bhubaneswar

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

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
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 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

Bhubaneswar is a thriving city with a rich cultural heritage, situated in the eastern state of Odisha, India. Known for its temples, museums, and other tourist attractions, the city is also home to many businesses and industries that drive the region’s economy. One such industry is the work order finance sector, which has seen a significant uptick in recent years thanks to the emergence of digital lenders such as Oxyzo.

Oxyzo is a leading digital lender that provides instant work order finance solutions to businesses in Bhubaneswar. The company offers a range of financial products and services designed to help small and medium-sized enterprises (SMEs) access quick and hassle-free finance, without the need for collateral or long-winded application processes. With Oxyzo, businesses can get access to funds within hours of applying, enabling them to meet urgent financial requirements and take advantage of growth opportunities.

One of the most significant benefits of using Oxyzo’s work order finance services is the instant disbursement of funds. Unlike traditional lenders, who may take days or even weeks to approve a loan and release the funds, Oxyzo uses advanced algorithms and data analytics to quickly assess a business’s creditworthiness and disburse funds within hours of approval. This feature is particularly useful for SMEs in Bhubaneswar, who may need funds urgently to pay suppliers, meet payroll, or finance other short-term expenses.

Another key benefit of using Oxyzo’s work order finance services is the potential to increase revenue. With quick access to finance, businesses can take on new work orders, increase their production capacity, and expand their customer base, all of which can lead to higher revenue and profits. This can be particularly useful for SMEs in Bhubaneswar, which often face tough competition from larger players and need to be agile and responsive to stay ahead.

Finally, Oxyzo’s work order finance services can also help to strengthen supply chains by providing funding to suppliers and other key partners. By improving cash flow and ensuring timely payments, businesses can build stronger relationships with their suppliers and improve their overall efficiency and productivity. This can be especially beneficial for businesses in Bhubaneswar, which rely on a diverse range of suppliers and partners to operate effectively.

In conclusion, Oxyzo’s work order finance services offer many benefits to businesses in Bhubaneswar, including instant disbursement of funds, increased revenue potential, and stronger supply chains. Whether you’re a small business owner or a larger enterprise, Oxyzo can help you access the finance you need to grow and thrive in the dynamic business landscape of Bhubaneswar.

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.

Ask Queries, learn about products and much more

WhatsApp Us