Work Order Finance in Belgaum

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

[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 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

Belgaum, also known as Belagavi, is a city located in the state of Karnataka, India. The city has a rich history and culture and is known for its beautiful landscapes, temples, and historical monuments. Belgaum is also known for its thriving industries and businesses, with a strong presence in the automotive and manufacturing sectors.

One of the most critical components of any business is managing work orders and invoices. In Belgaum, Oxyzo Work Order Finance provides a platform that streamlines the invoicing process, making it easy for businesses to manage their finances. The platform offers several benefits, including instant disbursement, increased revenue potential, and a strengthened supply chain.

Instant disbursement is a key feature of Oxyzo Work Order Finance. With this platform, businesses can get paid as soon as their work order is approved. This helps businesses to maintain cash flow and avoid late payments or unpaid invoices. Instant disbursement also helps businesses to save time and resources that would otherwise be spent on chasing payments.

Oxyzo Work Order Finance also helps businesses to increase their revenue potential. With a streamlined invoicing process, businesses can send out more invoices and get paid faster. This means that businesses can take on more work and increase their revenue. Additionally, Oxyzo Work Order Finance helps businesses to manage their cash flow better, allowing them to invest in growth opportunities.

Strengthening the supply chain is another benefit of using Oxyzo Work Order Finance. By providing a platform for businesses to manage their invoices and work orders, Oxyzo helps to reduce the risk of errors and delays in the supply chain. This, in turn, helps businesses to maintain strong relationships with their suppliers and customers, which is critical for long-term success.

In conclusion, Oxyzo Work Order Finance is a valuable tool for businesses in Belgaum, providing instant disbursement, increased revenue potential, and a strengthened supply chain. With its easy-to-use platform, businesses can streamline their invoicing process and manage their finances more efficiently. By using Oxyzo, businesses can focus on growth and success, knowing that their financial management is in good hands.

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.
HomeProducts By LocationsWork Order Finance in Belgaum