Work Order 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 Work Order Finance Work?

Work Order Finance Benefits

Instant disbursement

Instant disbursement

Get disbursements within two days to grow your business

Interest as per usage

Interest as per usage

The interest would be charged only for the exact amount and duration of use

Increase revenue potential

Increase revenue potential

Serve bigger orders to increase your sales

Strengthen supply chain

Strengthen supply chain

SMEs get pre-shipment as well as post shipment finance to run business smoothly

Work Order 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 Work Order 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

Collateral-free working capital

Collateral-free working capital

Approval within 48 hours

Approval within 48 hours

Easy repayment tenure

Easy repayment tenure

No minimum utilization charges

No minimum utilization charges

Low interest rates

Low interest rates

100% digitized

100% digitized

Get Working capital with Work order finance

Oxyzo Work Order Finance is a revolutionary financial service that is designed to help small and medium-sized businesses in Aurangabad optimize their cash flow and grow their businesses. Aurangabad is a bustling city located in the western state of Maharashtra in India. It is home to many small and medium-sized enterprises that operate in a wide range of industries, including manufacturing, healthcare, education, and retail.

One of the key benefits of using Oxyzo Work Order Finance is that it provides instant disbursement of funds. This means that businesses can access the capital they need to pay their suppliers, purchase inventory, or invest in new equipment within hours of applying for the loan. This is a game-changer for businesses that operate in an industry where cash flow is critical to their success.

Another key benefit of Oxyzo Work Order Finance is that it can help businesses increase their revenue potential. By providing quick access to capital, businesses can take advantage of new opportunities that arise, such as expanding their product lines, opening new locations, or investing in marketing campaigns. With the right capital, businesses can unlock their potential for growth and increase their revenue.

Lastly, Oxyzo Work Order Finance can help businesses strengthen their supply chain. In today’s global economy, businesses need to be able to source raw materials, components, and finished goods from around the world. However, this can be a challenge, especially for smaller businesses that may not have the financial resources to make large purchases upfront. With Oxyzo Work Order Finance, businesses can access the capital they need to make these purchases, thereby strengthening their supply chain and ensuring that they can deliver quality products to their customers on time.

In conclusion, Oxyzo Work Order Finance is a game-changer for small and medium-sized businesses in Aurangabad. By providing instant disbursement of funds, increasing revenue potential, and strengthening supply chains, Oxyzo Work Order Finance can help businesses thrive and grow in today’s competitive business landscape.

Frequently Asked Questions

What is the purpose of work order finance ?
This type of sme finance is part of our supply chain financing solution which helps SMEs get working capital support for completing work orders given by government and large corporate bodies.SMEs thus serve large business volumes, increase revenue and scale up their business.
What are the documents required for a work order finance ?
SMEs are required to apply online for a work order loan 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
  • Work order copy
Is work order finance similar to purchase order finance ?
Yes
Does Oxyzo provide collateral-free work order finance ?
Yes
What is the maximum limit offered by Oxyzo for work order finance ?
It depends on the business requirement of the SME.
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