Purchase Finance in Agra

RBI Registered
RBI Registered NBFC

Check Your Loan Eligibility in Just 2 minutes!

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 Purchase Finance Work?

Purchase Finance Benefits

Cheaper procurement

Cheaper procurement

Pay your suppliers upfront and get raw materials at the best rates

Improved working capital cycles

Improved working capital cycles

Manage your working capital better by solving cash flow issues

Digital and simplified process

Digital and simplified process

Apply for credit line online with a few clicks.

Collateral-free line of credit

Collateral-free line of credit

The unsecured working capital does not require land, property, BG or any other collateral

Grow revenue and profitability

Grow revenue and profitability

Reduce your input cost and book more profits

Instant disbursement

Instant disbursement

Receive funds against submission of supplier invoices instantly

Interest as per usage

Interest as per usage

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

Revolving credit

Revolving credit

60-120 days rotation cycle to meet working capital needs

Purchase Finance 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 Purchase 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

Savings upto 3% on raw material purchases

Savings upto 3% on raw material purchases

Unsecured working capital

Unsecured working capital

Affordable interest rates

Affordable interest rates

No foreclosure charges

No foreclosure charges

No part-payment charges

No part-payment charges

No minimum utilization charges

No minimum utilization charges

No new bank account required

No new bank account required

Convenient repayments

Convenient repayments

Approval within 48 hours

Approval within 48 hours

One-time processing fee

One-time processing fee

Digitized process

Digitized process

Get Working capital with Purchase Finance

Oxyzo Purchase finance in Agra: A Solution to Grow Your Business

Agra, known for its rich cultural heritage and world-famous Taj Mahal, is also home to a thriving business community. However, managing the finances of a business can be a challenging task, especially when it comes to procuring raw materials and managing working capital cycles. This is where Oxyzo’s Purchase finance comes in, offering a simplified and collateral-free line of credit to help Agra-based businesses grow revenue and profitability.

Cheaper Procurement: Oxyzo’s Purchase finance offers a cheaper procurement option compared to traditional banking solutions. With access to instant disbursement, business owners can purchase raw materials at the best market prices, saving money and improving their bottom line.

Improved Working Capital Cycles: Oxyzo’s Purchase finance provides improved working capital cycles, helping business owners manage their cash flow better. With interest charged only on the amount used, business owners can control their cash outflow and ensure a stable financial position.

Digital and Simplified Process: Oxyzo’s Purchase finance application process is digital and simplified, making it easy for business owners to apply for the loan. The online application process is quick and straightforward, and business owners can get instant approval in just a few minutes.

Collateral-Free Line of Credit: Oxyzo’s Purchase finance is collateral-free, making it an ideal solution for businesses that do not have assets to use as collateral. With no need to provide collateral, business owners can access the funding they need to grow their business without risking their assets.

Grow Revenue and Profitability: Oxyzo’s Purchase finance provides business owners with the funding they need to purchase raw materials and manage their working capital cycles. This, in turn, can help them grow their revenue and profitability, enabling them to invest in their business and achieve their long-term goals.

Instant Disbursement: Oxyzo’s Purchase finance offers instant disbursement, providing business owners with the funds they need when they need them. With access to instant funding, business owners can take advantage of market opportunities and grow their business quickly.

Interest as per Usage: Oxyzo’s Purchase finance charges interest only on the amount used, giving business owners greater control over their cash outflow. With interest charged only on the amount used, business owners can ensure they are not paying more than they need to, keeping their financial position stable.

Revolving Credit: Oxyzo’s Purchase finance provides a revolving line of credit, allowing business owners to draw on the funds they need, when they need them. With a revolving line of credit, business owners can access funding as and when they need it, making it an ideal solution for managing their working capital cycles.

In conclusion, Oxyzo’s Purchase finance in Agra is a valuable solution for Agra-based businesses looking to grow their revenue and profitability. With a digital and simplified application process, collateral-free line of credit, instant disbursement, and interest charged only on the amount used, Oxyzo’s Purchase finance is a solution designed to help businesses succeed.

Frequently Asked Questions

What is the purpose of purchase finance ?
Purchase finance is a working capital loan offered to SMEs for purchasing raw materials on advance payment terms.
Does Oxyzo provide unsecured purchase finance only ?
No, Oxyzo provides both secured and unsecured working capital limit to SMEs. Unsecured purchase finance is completely collateral-free while secured purchase finance is given against bank guarantee or residential/commercial property
Is purchase finance similar to cash credit ?
Yes
What is the eligibility for purchase finance ?
The working capital loan eligibility 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 online.
What is the maximum working capital limit offered by Oxyzo for purchase finance ?
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 working capital limit.
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