Purchase Finance in Ajmer

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 – Your Financial Solution for Procurement in Ajmer

Ajmer, the holy city of Rajasthan, is a hub for trade and commerce. Businesses in Ajmer require constant procurement of goods and services to keep operations running smoothly. Procurement can be a challenging task, especially when it comes to managing finances. Here’s where Oxyzo Purchase finance comes into play – a digital, hassle-free, and collateral-free loan solution for procurement.

Cheaper Procurement
With Oxyzo Purchase finance, you can access funds at competitive interest rates, making procurement more affordable and cost-effective. You no longer have to worry about dipping into your working capital or incurring high-interest debts to procure goods.

Improved Working Capital Cycles
Oxyzo Purchase finance provides a revolving line of credit, which helps improve your working capital cycles. You can avail of funds whenever you need, pay back as per your cash flow, and avail of the funds again. This way, you can keep your operations running without worrying about a cash crunch.

Digital and Simplified Process
The loan application process is entirely digital and straightforward. You can apply for a loan from the comfort of your home or office, without having to visit a bank or fill out lengthy forms. The loan approval process is also quick, and you can get instant disbursals of funds.

Collateral-Free Line of Credit
Oxyzo Purchase finance is a collateral-free line of credit, which means you do not have to pledge any assets to avail of the loan. This makes it a suitable option for businesses that do not want to risk their assets.

Grow Revenue and Profitability
With Oxyzo Purchase finance, you can increase your procurement and keep your operations running smoothly, which can lead to growth in revenue and profitability. By keeping a constant flow of goods and services, you can ensure customer satisfaction and retain your competitive edge.

Interest as per Usage
You only pay interest on the amount you use, and not the entire loan amount. This helps keep your costs low and maximizes the profitability of your business.

Revolving Credit
Oxyzo Purchase finance provides a revolving line of credit, which means you can avail of the loan again and again, as per your needs. This provides a sense of financial security and stability to your business.

In conclusion, Oxyzo Purchase finance is a suitable solution for businesses in Ajmer that require constant procurement. With its competitive interest rates, digital and simplified process, collateral-free line of credit, and instant disbursal, you can procure goods and services without worrying about finances. Apply for Oxyzo Purchase finance today and take the first step towards financial stability and growth for your business.

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.
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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