Work Order Finance

Execute tenders of autonomous, government bodies and other reputed organizations with our working capital finance solution

RBI Registered

RBI Registered

How does Work Order Finance Work?

How does Work Order Finance <span class="span">Work?</span>
play_arrow

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

Eligibility & Required Documents

Apply with minimal documentation

Eligibility

Minimum turnover <strong>₹3 crores</strong>
Minimum turnover ₹3 crores
Business vintage <strong>3+ years</strong>
Business vintage 3+ years

Required Documents

<strong>KYC</strong> details
KYC details
Last <strong>6 months</strong> of banking
Last 6 months of banking
Financials for previous <strong>2 fiscal years</strong>
Financials for previous 2 fiscal years
<strong>GSTR details</strong> for current fiscal year
GSTR details for current fiscal year
Work order copy
Work order copy

How to Apply for Credit

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

Know about Work Order Financing

Work Order Finance is sanctioned to the SMEs to fulfill their work order issued by credit-worthy government and corporate bodies. Loan against government work order can overcome the cash flow management issues the SMEs face while executing a tender or fulfilling a work order given by government bodies. This type of sme finance also aids in the growth and expansion of their business.
Oxyzo, the SME-centric RBI registered NBFC, offers smart business financing solutions, such as work order finance, to its clients that are completely digitized and hassle-free with no hidden charges.

Frequently Asked Questions

What is the purpose of work order finance ?
remove_circle_outline add_circle_outline
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 ?
remove_circle_outline add_circle_outline
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 ?
remove_circle_outline add_circle_outline
Yes
Does Oxyzo provide collateral-free work order finance ?
remove_circle_outline add_circle_outline
Yes
What is the maximum limit offered by Oxyzo for work order finance ?
remove_circle_outline add_circle_outline
It depends on the business requirement of the SME.
NOTE: No processing fee is being charged by Oxyzo before the sanction of the loan. Any individual claiming otherwise must not be entertained.
Please report such activity on getsupport@oxyzo.in
© 2023 Oxyzo Financial Services Pvt. Ltd. All Rights Reserved