Work Order Finance in Madhya Pradesh

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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 is a cutting-edge financing solution that is available in Madhya Pradesh. It’s a system designed specifically for small and medium-sized enterprises (SMEs) to improve their business by providing immediate access to capital. With Oxyzo Work Order Finance, businesses in Madhya Pradesh can increase their revenue potential, strengthen their supply chain, and experience the benefits of instant disbursement.

Madhya Pradesh is a landlocked state in central India, and it is one of the largest states in the country. The state is known for its rich cultural heritage, historical monuments, and diverse landscape. It has a burgeoning SME sector with a wide range of businesses from agro-based industries to engineering and technology firms.

One of the biggest benefits of Oxyzo Work Order Finance in Madhya Pradesh is that it provides instant disbursement of funds. This means that SMEs can receive financing without any delays, allowing them to take advantage of business opportunities as they arise. The system is designed to be fast, efficient, and user-friendly, making it an ideal solution for SMEs in Madhya Pradesh.

Another key benefit of Oxyzo Work Order Finance is that it can help SMEs increase their revenue potential. By providing financing for work orders, businesses can take on more orders, which means more revenue. This can lead to growth and expansion, helping businesses in Madhya Pradesh to thrive.

Finally, Oxyzo Work Order Finance can help SMEs in Madhya Pradesh strengthen their supply chain. By providing financing for work orders, businesses can pay their suppliers on time, which can help build strong relationships with suppliers. This, in turn, can lead to more business opportunities and a better overall business ecosystem.

Overall, Oxyzo Work Order Finance is an innovative solution for SMEs in Madhya Pradesh. With its focus on instant disbursement, increased revenue potential, and supply chain strengthening, it is an ideal financing option for businesses in this growing and dynamic state.

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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