Vendor Finance in Darbhanga

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

Darbhanga is a historical city located in the northern part of Bihar, India. It is known for its rich cultural heritage, ancient monuments, and educational institutions. The city is home to a large number of businesses, both small and large, that operate in various sectors, including agriculture, manufacturing, and services. In recent years, there has been a growing demand for vendor finance solutions in Darbhanga to facilitate the growth of these businesses. This is where Oxyzo Vendor Finance comes in, offering a range of benefits for both buyers and suppliers.

Benefits for Buyers

High Scalability: One of the biggest benefits of Oxyzo Vendor Finance for buyers is that it allows them to scale their operations quickly and easily. With access to a flexible and reliable source of funding, businesses in Darbhanga can take advantage of new growth opportunities, expand their product lines, and enter new markets without worrying about cash flow constraints.

Digital and Hassle-Free: Oxyzo Vendor Finance is a completely digital platform that offers a hassle-free experience for buyers. The entire process, from application to disbursement, can be completed online, eliminating the need for physical documentation and reducing the time and effort required to secure funding.

Cheaper than Supplier Credit: Oxyzo Vendor Finance offers competitive interest rates that are often lower than those charged by suppliers for credit. This makes it a more cost-effective financing option for buyers, allowing them to save money on their working capital needs and improve their bottom line.

Benefits for Suppliers

Improved Working Capital Cycles: For suppliers, Oxyzo Vendor Finance offers an opportunity to improve their working capital cycles by providing a faster and more reliable source of funding. By receiving payment from Oxyzo Vendor Finance immediately upon delivery of goods, suppliers can reduce their reliance on customer payments and improve their cash flow.

Unsecured Credit Line: Oxyzo Vendor Finance offers an unsecured credit line to suppliers, meaning that they do not need to provide collateral to secure funding. This makes it easier for small and medium-sized suppliers in Darbhanga to access financing and compete with larger players in the market.

Instant Disbursement: With Oxyzo Vendor Finance, suppliers can receive payment for their invoices within hours of submitting them. This means that they do not need to wait for extended periods to receive payment, reducing their dependence on traditional payment methods and improving their cash flow.

Conclusion

Oxyzo Vendor Finance is a valuable financing option for businesses in Darbhanga looking to grow and expand their operations. With its range of benefits for both buyers and suppliers, it offers a reliable and flexible source of funding that can help businesses overcome cash flow constraints and achieve their growth objectives. Whether you are a buyer looking to scale your operations or a supplier seeking to improve your working capital cycles, Oxyzo Vendor Finance can help you achieve your goals.

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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