Invoice Discounting in Dehradun

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RBI Registered NBFC

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Attractive interest rates
Attractive interest rates
Unsecured Loan upto 5 Crores
Unsecured Loan upto 5 Crores
Approval within 48 Hours
Approval within 48 Hours

How does Invoice Discounting Work?

Invoice Discounting Benefits

Interest as per usage

Interest as per usage

The interest would be charged only for the exact amount and duration of use

Quick working capital

Quick working capital

Get business working capital against unpaid invoices within 2 days

Improve receivables cycle

Improve receivables cycle

Accelerate your cashflows and run your business seamlessly

No paperwork

No paperwork

Complete the entire process online to avail bill discounting facility

Revolving credit

Revolving credit

Get 60-120 days to rotate the limit and reduce the working capital gap

Invoice Discounting Eligibility & Documents

Apply with minimal documentation

Eligibility

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Minimum turnover ₹3 crores
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Business vintage 3+ years

Required Documents

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KYC details
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Last 6 months of banking
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Financials for previous 2 fiscal years
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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 Invoice Discounting

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

Competitive rate of interest

Competitive rate of interest

No part-payment charges

No part-payment charges

100% digitized application process

100% digitized application process

No foreclosure charges

No foreclosure charges

Nominal processing fee

Nominal processing fee

No minimum utilization charges

No minimum utilization charges

Approval within 48 hours

Approval within 48 hours

Easy Repayments

Easy Repayments

Get Working capital with Invoice Discounting

Dehradun is a beautiful city nestled in the foothills of the Himalayas, and it serves as the capital of Uttarakhand, a state in northern India. This picturesque city is known for its natural beauty and pleasant climate, making it an ideal destination for tourists and nature lovers. In addition to being a popular tourist destination, Dehradun is also a hub for small and medium-sized businesses.

One of the biggest challenges faced by small and medium-sized businesses in Dehradun is managing their cash flow. Businesses often need access to working capital to grow and expand their operations, but traditional lending institutions like banks can be slow and cumbersome, with a lot of paperwork and strict eligibility criteria.

This is where Oxyzo Invoice Discounting comes in. We provide a hassle-free, quick, and flexible way for businesses in Dehradun to access working capital through invoice discounting. With Oxyzo, businesses can get the funds they need within 24 hours, without the need for any paperwork.

One of the key benefits of our invoice discounting services is the flexibility we offer. Our revolving credit facility means that businesses can access funds whenever they need them, without having to go through the entire application process again. This makes it easy for businesses to manage their cash flow and respond to unexpected expenses or opportunities.

In addition to providing quick and flexible access to working capital, Oxyzo also offers competitive rates and transparent pricing. We work closely with our clients to understand their business needs and offer customized solutions that are tailored to their specific requirements.

If you’re a small or medium-sized business in Dehradun looking for a quick and hassle-free way to access working capital, Oxyzo Invoice Discounting is here to help. With our revolving credit facility, no paperwork requirements, and transparent pricing, we’re committed to helping businesses grow and succeed in the vibrant city of Dehradun. Contact us today to learn more about our services and how we can help your business thrive.

Frequently Asked Questions

What does invoice discounting mean ?
Invoice discounting or bill discounting is a receivables financing wherein you sell your unpaid invoices to a lender for immediate cash to strengthen your working capital cycles.
What are the advantages of invoice discounting ?
With invoice discounting, one can get paid against unpaid invoices and fulfill their working capital finance needs. There is no collateral required.
What is an escrow account ?
Escrow account is an arrangement in which escrow amount is held by the third party,usually a lender, on behalf of the buyer and seller that are in the process of completing a transaction. It facilitates secure and safe transactions as the third party has the first right of withdrawal in case of default.
What is the eligibility for invoice discounting ?
The eligibility for invoice discounting depends on the business vintage and turnover.SMEs must have a minimum turnover of 3 crores and a business vintage of atleast 3 years to apply for online invoice discounting.
What is the maximum limit offered by Oxyzo for invoice discounting ?
It depends on the eligibility, your requirement and our comfort.If you meet our basic guidelines and our team has comfort in terms of credit assessment, we offer a decent proportion of the invoice value.
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