Work Order Finance in Delhi-NCR

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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

Oxyzo Work Order Finance offers a simple and efficient way for small and medium-sized enterprises (SMEs) in Delhi NCR to access instant financing for their work orders. The financial service provided by Oxyzo offers multiple benefits, including instant disbursement of funds, increased revenue potential, and strengthen supply chain.

About Delhi NCR:
Delhi NCR (National Capital Region) is a sprawling metropolitan area that includes Delhi and its surrounding areas, such as Gurgaon, Noida, Faridabad, and Ghaziabad. The region is a hub of economic and commercial activities, attracting businesses of all sizes and industries. However, many small and medium-sized enterprises face financial challenges due to delayed payments, limited access to credit, and other issues. Oxyzo Work Order Finance aims to bridge this gap by offering timely financing to SMEs in Delhi NCR.

Instant Disbursement:
One of the most significant benefits of Oxyzo Work Order Finance is its instant disbursement of funds. SMEs can access quick financing to cover their working capital requirements, pay suppliers, and meet other expenses. The funds are disbursed within 24 hours of approval, which helps businesses to avoid delays and meet their financial obligations on time. With Oxyzo, SMEs in Delhi NCR can avoid the lengthy application process and high-interest rates associated with traditional banking.

Increase Revenue Potential:
By providing timely financing, Oxyzo Work Order Finance helps SMEs in Delhi NCR to take on more work orders and grow their businesses. With access to quick and affordable credit, businesses can bid for more projects, fulfill orders on time, and expand their customer base. As a result, SMEs can increase their revenue potential and improve their financial stability.

Strengthen the Supply Chain:
Delayed payments and cash flow challenges can disrupt the supply chain and create problems for SMEs in Delhi NCR. Oxyzo Work Order Finance helps to mitigate this risk by providing timely financing to businesses. With a reliable source of funding, SMEs can pay their suppliers on time and maintain their relationships with them. This, in turn, can help to strengthen the supply chain and create a more stable business environment.

In conclusion, Oxyzo Work Order Finance offers a range of benefits for SMEs in Delhi NCR. By providing instant disbursement of funds, increasing revenue potential, and strengthening the supply chain, Oxyzo helps businesses to overcome financial challenges and grow their businesses. SMEs in Delhi NCR can now access the funds they need to succeed with Oxyzo Work Order Finance.

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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