Work Order Finance in Nagpur

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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 revolutionary financial product designed specifically for businesses in Nagpur looking to take their operations to the next level. Nagpur is a growing commercial hub in the state of Maharashtra, India. It is home to many small and medium-sized businesses that are striving to grow in the face of stiff competition. With Oxyzo Work Order Finance, businesses in Nagpur can now access a range of benefits that can help them succeed in a highly competitive marketplace.

One of the biggest benefits of Oxyzo Work Order Finance is instant disbursement. This means that businesses can receive funds almost immediately, allowing them to invest in new equipment, expand their operations, or take advantage of new business opportunities. This can be a huge advantage for businesses that need to act quickly in order to stay ahead of the competition.

Another major benefit of Oxyzo Work Order Finance is that it can help businesses increase their revenue potential. By providing businesses with access to working capital, Oxyzo Work Order Finance can help them take on more orders, expand their customer base, and increase their overall revenue. This can be especially important for businesses that are looking to grow quickly and establish themselves as major players in their respective markets.

Finally, Oxyzo Work Order Finance can help businesses in Nagpur strengthen their supply chain. By providing businesses with the capital they need to purchase raw materials, hire additional staff, or invest in new technologies, Oxyzo Work Order Finance can help businesses improve their production processes and streamline their operations. This can lead to more efficient supply chains, lower costs, and higher profits for businesses in Nagpur.

Overall, Oxyzo Work Order Finance is a powerful tool for businesses in Nagpur looking to take their operations to the next level. With its many benefits, businesses can access the capital they need to grow and succeed in a highly competitive marketplace. Whether you’re a small business owner or the CEO of a large corporation, Oxyzo Work Order Finance can help you achieve your goals and reach new heights of success. So why wait? Contact Oxyzo today to learn more about how we can help you achieve your business goals.

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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