Work Order Finance in Chennai

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

Oxyzo Work Order Finance in Chennai: Instant Disbursement, Increased Revenue Potential, and Stronger Supply Chain

Chennai, the capital city of Tamil Nadu, is one of the largest industrial and commercial centers in South India. It is home to numerous small, medium, and large businesses that contribute to the city’s growth and development. However, running a business in Chennai is not without its challenges, especially when it comes to managing finances.

That’s where Oxyzo Work Order Finance in Chennai comes in. Oxyzo is a leading fintech company that offers instant disbursement of funds to businesses based on their work orders. This innovative solution helps businesses meet their working capital needs and grow without worrying about cash flow problems.

One of the key benefits of Oxyzo Work Order Finance in Chennai is the instant disbursement of funds. This means that businesses can access the required funds within a few hours of submitting their work orders. This is a significant advantage for businesses that require immediate funds to meet their operational expenses, pay vendors, or purchase raw materials. With Oxyzo, businesses no longer have to wait for weeks or months to receive their payments, enabling them to focus on their core operations and growth.

Another advantage of Oxyzo Work Order Finance in Chennai is the increased revenue potential. By accessing immediate funds, businesses can take on more work orders and contracts, increasing their revenue potential. This means that businesses can grow faster and expand their operations without worrying about working capital constraints.

Lastly, Oxyzo Work Order Finance in Chennai helps businesses strengthen their supply chain. By providing funds to pay vendors, businesses can ensure the timely delivery of raw materials and products. This ensures that there are no delays in the production or delivery of goods, enabling businesses to meet their customer’s expectations.

In conclusion, Oxyzo Work Order Finance in Chennai is a game-changer for businesses looking to manage their finances effectively. With instant disbursement of funds, increased revenue potential, and a stronger supply chain, businesses can grow faster and expand their operations without worrying about cash flow problems. If you’re a business in Chennai looking to take your operations to the next level, Oxyzo Work Order Finance is the solution you need.

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