Purchase Financing

Episode #17 Purchase Financing Ft. Pratyush Nalla, Business Head Oxyzo Financial Services. Welcome back to MSME TALK with Industry Experts.  Raw Material contributes to the 60-70% of the total cost of the manufacturing SMEs’. Due to credit risk majority of MSMEs doesn’t have formal financing channel for the raw material purchase due which these MSMEs resorts to local distributors and financiers, which is at a much higher cost. Its critical for these MSMEs to have stable purchase financing option lines to fund the purchase of raw material. Any delay in financing for the purchase of raw material, creates delay in the entire business process & decreases the business growth & elongates the working capital cycle.  Oxyzo has built flexible raw material purchase financing products aligned to SMEs’ cash flow cycles for traditional sectors like manufacturing and infrastructure both secured and unsecured. In today’s episode we understand about the Purchase financing product, traditional vs current industry, different types of avenues available for SMEs & also about Oxyzo purchase financing product for SMEs from Pratyush Nalla.  Pratyush Nalla is the Business Head at Oxyzo Financal Services. Prior to that he has significantly contributed in the laying down the foundation of operations and commerce functions at OfBusiness as the founding member. Praytush is IIT Mumbai graduate. OXYZO: Oxyzo Financial Services provides working capital financing for buying raw material for SMEs , mid-corporates, as well as the new age economy. Oxyzo turned a unicorn after raising $200 million in a Series A fundraise in March 2022. Oxyzo is currently serving 4000+ SMEs across India, disbursing INR 4000+ crores per annum, and has INR 2500+ crores as AUM with GNPA (gross non-performing asset ratio) at 1.2%. (April 2022)  If you are an entrepreneur and have questions related to Capital, Compliance, legal, Debt, Equity, Marketing, Business Growth, Team, Technology, Compliance etc. from Experts or any other topic on which you want better understanding, or any particular profile of Expert you want to hear, do let us know. In case If you are an Industry Expert with MSME as your target audience, please let us know more about you.   Your feedback, suggestions, reviews and likes motivates us. Please leave your rating and reviews on Apple podcast or Spotify https://link.chtbl.com/MSME_TALK_  Check our website for more podcast & offers  : www.msmetalk.com  Follow us on:https://www.linkedin.com/company/msmetalk https://www.facebook.com/msmetalk https://www.instagram.com/msmetalk https://twitter.com/msmetalk  Get WhatsApp alert: Send hi - https://wa.me/918097665085  Hey MSME TALK listeners! Hope you have not missed subscribing to our newsletter for the latest news, blogs, and podcast updates.  We don’t spam your inbox , hence we have highest rate of letter opening in Industry. Subscribe here for Newsletter.  MSMEs & startups are looking for various kinds of supports & upgrade. Are you a Product, Service Provider, Expert, Advisor, Consultant, Mentor for MSMEs/Startups? Reach out to MSME TALK to list your business. Fill the form to help us reach out to you. MSME TALK Podcast enters Peak Ranking Chart of 20+  Countries in the Apple Podcast Country Entrepreneurship Category.   WhatsApp : Send hi - https://wa.me/918097665085LinkedIn Facebook Instagram Twitter Website Contact us : [email protected] to  All Social Media , Podcast  etc links at one place  Please give your rating and reviews on apple podcast or Spotify