Purchase Finance in Ghaziabad

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

[object Object]
Minimum turnover ₹3 crores
[object Object]
Business vintage 3+ years

Required Documents

[object Object]
KYC details
[object Object]
Last 6 months of banking
[object Object]
Financials for previous 2 fiscal years
[object Object]
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
Our New App is Live!
Fuel Your Business Dreams with OXYZO
+91
Scan to get App
title
title
title

Enhanced Security Features

title

Hassle-free Loan Applications

title

Simplified Documentation Process

title

Get Disbursals on the Fly

title

Ledger on Your Fingertips

title

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 is a leading fintech company providing collateral-free purchase finance to businesses in Ghaziabad. Ghaziabad, located in the northern part of Uttar Pradesh, is a city with a rich history and a growing industrial sector. It is home to a large number of small and medium-sized enterprises (SMEs), which form the backbone of the city’s economy.

Oxyzo Purchase Finance offers a range of benefits to businesses in Ghaziabad. One of the key advantages is cheaper procurement. With Oxyzo’s finance options, businesses can negotiate better deals with suppliers and pay for their purchases over a period of time. This helps them save money and improve their profit margins.

Another benefit of Oxyzo’s finance solutions is improved working capital cycles. By providing access to funds when needed, Oxyzo helps businesses maintain a healthy cash flow and avoid cash crunches. This ensures that they can pay their bills on time and continue to operate smoothly.

Oxyzo’s finance solutions also come with a digital and simplified process. Businesses can apply for finance online, and the process is quick and easy. This saves time and effort and helps businesses focus on their core activities.

One of the key advantages of Oxyzo’s finance solutions is that they are collateral-free. This means that businesses don’t need to provide any security to avail of finance. This is a significant advantage, especially for small businesses that may not have collateral to offer.

By providing access to finance, Oxyzo helps businesses grow their revenue and profitability. With the additional funds, businesses can invest in new projects, expand their operations, and take advantage of new opportunities.

Oxyzo’s finance solutions also offer instant disbursement. Once the loan is approved, the funds are disbursed immediately, ensuring that businesses have access to the funds when they need them.

The interest charged by Oxyzo is as per usage, which means that businesses only pay for the finance they use. This helps them manage their cash flow and reduces their overall cost of finance.

Finally, Oxyzo’s finance solutions come with a revolving credit facility, which means that businesses can access finance as and when they need it. This provides them with a safety net and helps them manage their finances more effectively.

In summary, Oxyzo Purchase Finance offers a range of benefits to businesses in Ghaziabad, including cheaper procurement, improved working capital cycles, a digital and simplified process, collateral-free line of credit, revenue and profitability growth, instant disbursement, interest as per usage, and revolving credit. These benefits make Oxyzo an ideal partner for businesses looking to grow and succeed in Ghaziabad.

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.
HomeProducts By LocationsPurchase Finance in Ghaziabad