Work Order Finance in Odisha

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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 excellent financial solution for businesses operating in Odisha. Oxyzo provides hassle-free financial services that are designed to help businesses increase their revenue potential, improve their cash flow, and streamline their supply chain. With Oxyzo’s Work Order Finance, businesses in Odisha can meet their working capital needs and fulfill their orders on time without any financial constraints.

Odisha, also known as Orissa, is a state located on the eastern coast of India. The state is famous for its rich cultural heritage, natural beauty, and diverse flora and fauna. Odisha is home to several prominent industries, including steel, mining, tourism, and agriculture. The state’s capital, Bhubaneswar, is a growing IT hub, which makes Odisha an attractive destination for businesses looking to expand in the region.

Oxyzo’s Work Order Finance comes with several benefits that can help businesses in Odisha achieve their financial goals. One of the most significant benefits of Oxyzo’s financial services is instant disbursement. Businesses can receive their funds within 48 hours of application, which helps them to fulfill their orders on time and maintain a positive cash flow.

Oxyzo’s Work Order Finance also helps businesses in Odisha to increase their revenue potential. By availing of Oxyzo’s financial services, businesses can fulfill their orders on time, which leads to a satisfied customer base and increased demand for their products or services. Moreover, with the easy availability of working capital, businesses can explore new opportunities, expand their operations, and grow their business.

Oxyzo’s financial services also strengthen the supply chain of businesses in Odisha. By providing timely and easy access to working capital, Oxyzo helps businesses to purchase raw materials, pay their suppliers, and fulfill their orders on time. This, in turn, helps businesses to build a strong and reliable supply chain, which is essential for their growth and success.

In conclusion, Oxyzo Work Order Finance is an ideal financial solution for businesses in Odisha. With its instant disbursement, revenue potential, and supply chain strengthening benefits, Oxyzo’s financial services can help businesses in Odisha grow and expand their operations.

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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