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Oxyzo Finance Business Loan
Kickstarting a Business is a lot of work, whether arranging manpower or finances. From purchase financing to machinery financing, setting up a business requires a lot of support. In such scenarios, finding a helping hand that can cover all these finances in a single place is a blessing for any Start-up. Well, worry not, because we heard you. With Oxyzo Finance you can cover all your business expenses under one roof, without juggling through multiple lenders. This platform offers you a breakdown of all the finance services that you might need to establish your business. From invoice discounting to vendor financing, all your finance woes will get sorted here.Powered By
Oxyzo Finance Business Loan
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Here are a few factors
| Location | PAN INDIA |
TAT | Sanction 5 Days Disburse-7 Days |
| CIBIL Score | 700+ |
| Processing | Online |
| Business Vintage | 3 Year |
| Minimum Turnover | 20 Cr. or above |
| Loan Amount | 25 Lac-10 Cr |
| Repayment Tenure | 6 Month-30 Month |
| ROI | 14.5% to 20% |
| Type of ROI | Reducing |
| Processing Fees | 2% max |
| Foreclosure Charges | 2% |
| Co-applicant Requirement | Yes |
| Part Payment Allowance | Yes |
| USP | Interest Period upto 30-90 Days on Purchase Finance |
| Negative Profiles | (i) Iron & Steel Trading (ii) Share Traders (iii) School (iv) Hospitals (v) Jewellers (vi) Meat Product Vendor (vii) Advocates |
Required Documents
KYC Details
Business ownership and registration proof
Last 6 months banking
Financials for the previous 2 fiscal years
GSTR details for the current fiscal year
Eligibility
Age of the applicant must be between 22-65 years
Minimum vintage of the business must be 3 years
Minimum required turnover of the business must be Rs. 20 Cr. or above
The minimum CIBIL of the applicant must be 700 or above
Why Choose Oxyzo Finance Business
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Customized and Flexible Solutions
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Powered by Modern Technology
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Prompt and Responsive Technology
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Wide Range of Financing Options
FREQUENTLY ASKED QUESTIONS
The minimum required turnover of the business must be Rs. 20 Cr. or above to apply for an Oxyzo Business Loan
Yes, it is mandatory to provide business registration proof to apply for an Oxyzo Business Loan
The minimum required vintage of the business must be 3 years or above to apply for an Oxyzo Business Loan
The processing fee for an Oxyzo Business Loan is 2% of the borrowed amount
The foreclosure charges for an Oxyzo Business Loan is 2% of the borrowed amount
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