Purchase Finance in Gujarat

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 Gujarat: The Future of Business Financing

Gujarat, the land of opportunities, is known for its rich history and culture. With a thriving economy and a growing population, businesses in Gujarat have a lot to offer. However, with growth comes the need for better financial solutions. Oxyzo understands this need and presents to you the Oxyzo Purchase finance in Gujarat.

The Oxyzo Purchase finance is designed to help businesses in Gujarat grow and prosper by providing them with affordable financing solutions. With this loan, businesses can easily finance their procurement needs, improve their working capital cycles, and grow their revenue and profitability.

One of the key benefits of the Oxyzo Purchase finance is its cheaper procurement. The loan provides businesses with access to affordable financing solutions that can help them purchase the supplies they need to grow and succeed. By having access to these funds, businesses can purchase raw materials and supplies at a lower cost, which in turn can help them improve their bottom line.

Another benefit of the Oxyzo Purchase finance is its digital and simplified process. The loan application and disbursement process is completely online, making it quick and easy for businesses to access the funds they need. With a few clicks, businesses can apply for the loan and receive the funds they need to grow and succeed.

The Oxyzo Purchase finance also offers a collateral-free line of credit. This means that businesses do not have to put up any collateral to secure the loan, making it easier for them to access the funds they need. With a collateral-free line of credit, businesses can focus on what they do best – growing their business.

The loan also offers instant disbursement, which means that businesses can access the funds they need quickly and easily. This can be especially useful for businesses that need to purchase supplies or raw materials on short notice.

Finally, the Oxyzo Purchase finance offers interest as per usage. This means that businesses only pay interest on the amount they use, making it more affordable and flexible than traditional loans. The loan also offers a revolving credit, which means that businesses can use the funds they need, when they need them, without having to reapply for a new loan each time.

In conclusion, the Oxyzo Purchase finance in Gujarat is the perfect solution for businesses looking to grow and succeed. With its affordable financing, digital and simplified process, collateral-free line of credit, and interest as per usage, businesses in Gujarat can take their business to the next level. So why wait? Apply for the Oxyzo Purchase finance today and see the difference it can make in 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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