Purchasing Finance is the working capital financing solution provided to SMEs. Due to a lack of cash flow management issues, SMEs are forced to buy raw materials at higher prices and tend to lose opportunities from reputable customers. In such situations, SMEs can consider purchase finance solution to bridge the working capital gap. It will help the SMEs get cash discounts on raw materials by making upfront payment to suppliers and also aids in the growth of the enterprise both on the bottom line and on the top line. Purchase financing solution enables enterprises to meet short term finance needs.
Purchase Financing vs. Business Loans
Find the best financial solution for your needs by comparing business loans and purchase finance
RBI Registered
5000+ SMEs Trust Us
₹ 5,000+ Cr AUM
Purchase Finance
Foreclosure Charges
₹0.00
No Foreclosure Charges
Interest
₹0.00
Interest as per use
Total Payable
₹0.00
Pay Early & Save
Saved ₹0.00
Business Loan
Foreclosure Charges
₹0.00
Fixed Charges
Interest
₹0.00
Interest as per use
Total Payable
₹0.00
Fixed Charges
The calculations provided above are for illustrative purposes only. The actual amount and interest rates may vary based on factors such as creditworthiness, industry, and business type.
Popular Products
Purchase
Finance
Procure raw materials at the right price
View More
Work Order
Finance
Now execute your tenders with ease
View More
Invoice
Discounting
Unlock your capital instantly
View More
Vendor
Finance
Strengthen your supply chain with vendors
View More
Working Capital
Term Loan
Fulfill your short-term finance needs
View More
What our Clients say
Customer experiences that define us
Kram Infracon Pvt Ltd
Got Our Purchase Financing Services within 48 Hours of Online Application
Oxyzo's working capital solutions have helped me to increase my liquidity, which has in turn helped growing my business and better profit margins because I was able to improve my cash flow management. Would definitely recommend Oxyzo
Kiana Marketing
Utilized our Invoice Discounting solution to access capital and enhance liquidity.
With the help of Oxyzo's Bill Discount product, we were able to release our locked capital and improve our liquidity almost instantly which helped reduce cash to cash cycle.
Mohta Bright Steels Pvt Ltd
Leveraged our Supply Chain Financing solution to improve business profitability.
The best part about Oxyzo is that they understand the business problems at a level that no other lender in the market can, hence offer supply chain financing solutions that help in improving overall business profits.
Skylark Infra Engineering Pvt Ltd
Received approval for a Business Loan within 48 hours of submitting the application
We required a business loan urgently. Thanks to Oxyzo's digitised loan process, with minimal documentation, we were abke to get our business loan approved within 48 hours of applying online.
Our Blogs
No article available.
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. Unsecured purchase finance is completely collateral-free while secured purchase finance is given against bank guarantee or residential/commercial property
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 difference between purchase finance and business loan?
The key differences between purchase finance and business loan are:
Purchase finance involves a quicker and easier application and approval process than conventional business loans. As the process is affiliated by the seller or linked financial institutions, it can save you time and effort. Purchase financing can be tailored to meet your demands based on your unique situation and needs. You only pay interest on the amount you actually use. The loan amount can be repaid early without incurring foreclosure penalties. You don't have to receive the entire payment at once you can withdraw as needed.
Purchase finance involves a quicker and easier application and approval process than conventional business loans. As the process is affiliated by the seller or linked financial institutions, it can save you time and effort. Purchase financing can be tailored to meet your demands based on your unique situation and needs. You only pay interest on the amount you actually use. The loan amount can be repaid early without incurring foreclosure penalties. You don't have to receive the entire payment at once you can withdraw as needed.
What are the advantages of opting for purchase finance?
Pay as you go - Purchase Finance allows you to pay only for the amount of loan that you use. Unlike business loans, where interest is charged on the total loan amount from the beginning, with Purchase Finance, you only pay interest on the portion of the funds you have used.
Rotating credit - Purchase Finance has the benefit of rotating credit, giving you access to a credit limit that has been pre-approved and can be used repeatedly depending on your need.
Read More
Rotating credit - Purchase Finance has the benefit of rotating credit, giving you access to a credit limit that has been pre-approved and can be used repeatedly depending on your need.
Read More
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.
Know about Purchase Finance
Know about Purchase Finance
HomePurchase Financing vs. Business Loans