Work Order Finance in Gulbarga

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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

Are you a business owner in Gulbarga struggling with cash flow issues due to delayed payments from clients? Do you want to improve your business operations by streamlining your cash flow and enhancing your supply chain? Oxyzo Work Order Finance in Gulbarga can help!

About Gulbarga:

Gulbarga, now known as Kalaburagi, is a city located in the Indian state of Karnataka. It is an important commercial center and a hub for industries such as textiles, sugar, and cement. The city has a rich cultural heritage and is famous for its historical monuments, including the Gulbarga Fort, the Khwaja Bande Nawaz Dargah, and the Jama Masjid.

Benefits of Oxyzo Work Order Finance in Gulbarga:

Instant disbursement: Oxyzo Work Order Finance offers instant disbursement of funds, which means you can receive the funds you need to operate your business without any delay. This can help you meet your day-to-day business expenses and grow your business without worrying about cash flow issues.

Increase revenue potential: With Oxyzo Work Order Finance, you can access the funds you need to take on more work and expand your business operations. This can help you increase your revenue potential and take advantage of new business opportunities.

Strengthen supply chain: Oxyzo Work Order Finance can help you strengthen your supply chain by providing you with the funds you need to purchase raw materials, pay your suppliers, and meet your operational expenses. This can help you build strong relationships with your suppliers and ensure a steady supply of goods and services.

If you’re a business owner in Gulbarga looking for a reliable source of working capital, Oxyzo Work Order Finance can help. With our instant disbursement, increased revenue potential, and strengthened supply chain, we can help you grow your business and achieve your goals. Contact us today to learn more about our services and how we can help your business succeed.

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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