Next by Bizongo is India’s pioneering business finance facilitator & raw material procurement app, offering seamless solutions for supply chain finance, business loans & machinery loans along with optimizing procurement for Aluminium & Steel raw materials. With access to 30+ financial institutions, Bizongo has disbursed over 4000+ Cr of financing to 500+ mid-level enterprises and 8000+ SME sellers & manufacturers across 800+ Indian cities in various industries. With 50+ strategic supplier partners in the Steel & Aluminium industries, Bizongo offers lucrative discounts, reliable service & assured quality of raw materials.
Why choose Bizongo Next app for your raw material procurement requirements?
✔ Competitive pricing & lucrative discounts through credible supply partners
✔ Hassle-free procure-to-pay experience with price commitment, complete transparency & quick turnaround
✔ Pan-India presence, reliable service & assured quality with a 300+ strong team working in the backend to optimize your procurement experience
How to procure raw materials using Bizongo NEXT?
1. Register on the Next App using your phone number & Company PAN.
2. Select a category between Aluminium & Steel based on your requirements.
3. Choose a product/brand from the catalog.
4. Share the required quantity, delivery address & select a GSTIN.
5. Choose a payment option & swipe to pay.
What can be procured through Bizongo NEXT?
• Steel Billets
• Aluminium Ingots
• Aluminium Billets
• Aluminium Wire Rods
• Aluminium Foil & Foil Stock
Why choose Bizongo Next app for your business financing requirements?
✔ Create just one application for multiple lenders
✔ Effortless documentation: The app can auto-fetch most of the required documents with your consent from trusted sources to reduce application time
✔ Open doors to faster sanctions: Auto-fetched documentation from trusted sources helps boost the applicant’s credibility, accelerating the lender's decision-making process
✔ Apply anytime from anywhere: A 100% digital process
✔ Bizongo is an ISO 27001 & SOC2 type 2 Certified company: Ensuring utmost data security.
How to apply for business finance using Bizongo NEXT?
1. Register on the Next App using your phone number & Company PAN.
2. Enter GSTN username to auto-fetch GSTR.
3. Auto-fetch 12-month bank statement using net banking login or upload it manually from the device
4. The app automatically fetches most of the required documents with your consent. Upload the remaining docs.
5. Swipe to apply.
Business financing solutions that can be applied using the Next app:
• Purchase Invoice Discounting: If you need additional working capital to buy raw materials, to pay suppliers early, or to get supplier discounts.
• Sales Invoice Discounting: If you need early payments for your sales and want to unlock cash stuck in lengthy payment cycles.
• Factoring: If you need early payments for your sales without any debt on your books.
• Business Loans: If you need a fixed-term unsecured (collateral-free) loan for business expansion, operations, etc.
• Machinery Loans/Capex Loans: If you need a fixed-term secured loan to acquire or upgrade essential machinery.
Major Industries that Bizongo caters to:
• Metal (Iron, Steel, Aluminium)
• Pharmaceutical
• IT & Technology (hardware)
• Packaging
• Edible Oil
• Textile
• Agriculture
• Chemicals
Eligible applicants for business financing:
1. Businesses with > 3 years operations
2. Profit After Tax (PAT) > 0 (Positive)
3. Businesses with turnover > INR 5 Crore
From the News Desk:
• How Bizongo’s Vendor Digitisation is reshaping supply chains of MSMEs - http://bit.ly/yourstory-bizongo
• Bizongo raises $50 million funding in Series E round - https://bit.ly/ET-Funding
For more information:
Visit www.bizongo.com
Call or WhatsApp us at +91 8080004646 to speak to our expert (Mon to Fri excluding public holidays)
Write to us at support+finpaas@bizongo.com