Work Order Finance in Maharashtra

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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 an innovative financial solution that provides instant disbursement of funds to businesses in Maharashtra. This platform can help businesses improve their revenue potential and strengthen their supply chain by enabling them to access working capital in a timely and hassle-free manner.

Maharashtra is one of India’s largest and most industrialized states, with a vibrant economy and a diverse range of industries. The state is home to many small and medium-sized enterprises (SMEs) that face challenges in accessing financing for their business operations. Oxyzo Work Order Finance can provide a much-needed solution for these businesses, helping them grow and thrive.

By providing instant disbursement of funds, Oxyzo Work Order Finance can help businesses in Maharashtra meet their short-term financing needs quickly and easily. This can be a game-changer for SMEs that struggle with cash flow management, allowing them to pay their suppliers and employees on time and avoid financial stress.

The platform can also help businesses increase their revenue potential by providing them with the working capital they need to pursue new opportunities, expand their operations, and invest in growth. This can be particularly beneficial for businesses in Maharashtra that are looking to scale up and take their operations to the next level.

Moreover, by strengthening the supply chain, Oxyzo Work Order Finance can help businesses in Maharashtra improve their operational efficiency and reduce the risk of disruptions. This can be a critical factor for businesses that rely on timely and reliable delivery of goods and services to maintain their operations.

In conclusion, Oxyzo Work Order Finance is an excellent financial solution for businesses in Maharashtra, providing them with the funds they need to manage their cash flow, pursue growth opportunities, and strengthen their supply chain. With this platform, businesses in Maharashtra can overcome financing challenges and unlock their full potential.

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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