Vendor Finance in Aurangabad

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 Vendor Finance Work?

Vendor Finance Benefits

For BuyersFor Buyers

Benefits
High scalability
High scalability
Complete big orders with multiple vendors flexibly and scale your business
Digital and Hassle-free
Digital and Hassle-free
Complete the entire process from sanction to disbursal online.
Cheaper than supplier credit
Cheaper than supplier credit
Get raw materials at the best rates by making an upfront payment

For SuppliersFor Suppliers

Benefits
Improved working capital cycles
Improved working capital cycles
Manage your working capital better and expand faster
Unsecured credit line
Unsecured credit line
The unsecured vendor finance is given without putting land or property as collateral.
Instant Disbursement
Instant Disbursement
Receive funds within 24-48 hours of vendor loan sanction

Vendor 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 Vendor 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

Unsecured working capital

Unsecured working capital

Competitive interest rates

Competitive interest rates

Easy Repayment tenure

Easy Repayment tenure

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

Savings up to 3% on raw material purchases

Savings up to 3% on raw material purchases

100% digitized and simplified process

100% digitized and simplified process

Approval within 48 hours

Approval within 48 hours

One-time processing fee

One-time processing fee

Flexible Repayments

Flexible Repayments

Get Working capital with Vendor Finance

Aurangabad is a city in the Indian state of Maharashtra, known for its rich cultural heritage, stunning architecture, and industrial growth. The city is also emerging as a hub for entrepreneurship and innovation, with many businesses setting up shop here. One of the critical requirements for any business to grow and scale is access to finance. That’s where Oxyzo Vendor Finance comes in.

Oxyzo Vendor Finance is a digital lending platform that provides innovative financing solutions to businesses in Aurangabad. With a focus on vendor financing, Oxyzo aims to bridge the gap between suppliers and buyers and facilitate smooth and hassle-free transactions. Let’s explore the benefits that Oxyzo Vendor Finance provides to both buyers and suppliers.

For Buyers – High scalability, Digital, and Hassle-free, Cheaper than supplier credit

One of the most significant advantages of using Oxyzo Vendor Finance is the high scalability it provides to buyers. Businesses that use Oxyzo’s financing solutions can increase their purchasing power and procure more goods and services without worrying about cash flow constraints. Oxyzo’s digital lending platform also ensures that the entire process, from application to disbursement, is entirely online and hassle-free. This saves buyers time and effort and allows them to focus on their core business activities.

Another benefit for buyers is that Oxyzo’s vendor financing solutions are typically cheaper than traditional supplier credit. This is because Oxyzo uses data and technology to assess the creditworthiness of buyers and suppliers and offer competitive interest rates. Buyers can thus save money on their financing costs and reinvest those savings into growing their businesses.

For Suppliers – Improved working capital cycles, Unsecured credit line, Instant Disbursement

Suppliers in Aurangabad can also benefit significantly from Oxyzo Vendor Finance. One of the most significant advantages is that Oxyzo’s financing solutions can help improve their working capital cycles. Suppliers can receive payments faster and more reliably, allowing them to manage their cash flow more efficiently. Oxyzo also offers an unsecured credit line to suppliers, which means that they don’t need to provide collateral or security to access funding.

The instant disbursement feature is another benefit that suppliers can enjoy. Suppliers can receive funds within 24 hours of the invoice being raised, ensuring that they have the cash flow they need to meet their business needs. This can be a significant advantage for suppliers who may have to wait for weeks or even months to receive payment from their buyers.

In conclusion, Oxyzo Vendor Finance is an innovative and efficient financing solution for businesses in Aurangabad. It offers numerous benefits to both buyers and suppliers, including high scalability, digital and hassle-free processes, cheaper financing, improved working capital cycles, unsecured credit lines, and instant disbursement. With Oxyzo’s help, businesses in Aurangabad can access the funding they need to grow and succeed.

Frequently Asked Questions

What are the documents required for vendor finance ?
SMEs can apply for vendor finance with the following documents :
  • KYC
  • Last 6 months of banking
  • GSTR details for the current financial year
  • Financial statements for the previous 3 financial years
  • Property document
Does Oxyzo provide collateral-free vendor finance ?
Yes
How is eligibility calculated for vendor finance ?
The eligibility depends on the business vintage and turnover. SMEs must have a minimum turnover of 3 crores and a business vintage of at least 3 years to apply online
What are the benefits of vendor financing for an anchor ?
In vendor financing or payables financing, the anchor gets the benefit of an off-balance-sheet facility, can negotiate the best procurement prices, and there is high scalability due to standard documentation which enables the anchor to onboard any number of vendors through a hassle-free process.
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