Chat with UsInstant disbursement
Get disbursements within two days to grow your business
Work Order Finance
Execute tenders of autonomous, government bodies and other reputed organizations with our working capital finance solution
RBI Registered
Work Order Finance Benefits
Interest as per usage
The interest would be charged only for the exact amount and duration of use
Increase revenue potential
Serve bigger orders to increase your sales
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 ₹3 crores
Business vintage 3+ years
Required Documents
KYC details
Last 6 months
Financials for previous 2 fiscal years
GSTR details for current fiscal year
Work order copy
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
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
Approval within 48 hours
Easy repayment tenure
No minimum utilization charges
Low interest rates
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 ?
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.
Other Lending Products
Purchase
Finance
Procure raw materials at the right price
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Business
Loan
Effortlessly expand your business
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Invoice
Discounting
Unlock your capital instantly
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Vendor
Finance
Strengthen your supply chain with vendors
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Dropline
Overdraft
Fulfill your short-term finance needs
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