Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jun, 03 2019

OYO introduces Cash-in-Bank financing facility for its asset owners

This initiative will allow the asset owners to upgrade and renovate their properties.

OYO introduces Cash-in-Bank financing facility for its asset owners

OYO Hotels & Homes has launched a Cash-in-Bank (CiB) facility for its asset owners. This initiative will allow the asset owners to upgrade and renovate their properties.

The new financing facility is the second initiative by OYO under its recently-launched partner engagement programme. Through this facility, the asset owners can avail of collateral-free business loans to meet their expansion and renovation needs.

Aditya Ghosh, Chief Executive of OYO India and South Asia, said, “We believe this facility has the potential to be a game-changer for our asset owners and elevate their relationship with us.”

“As a direct outcome of our constant engagement with the asset owner partners under the aegis of OPEN, OYO Partner Engagement Network, we realised the need for providing a quick and hassle-free financing facility to cater to their expansion and renovation needs,” he further stated. 

Ghosh added, “At OYO, we are on a mission to create quality living spaces and make it accessible and affordable for millions of our customers and we cannot do this without the active support and encouragement of our asset owner partners.”

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Bakery & Confectionary
    1) We welcome you with our unique, delicious and artistically..
    Locations looking for expansion Uttar Pardesh
    Establishment year 2017
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Uttar Pardesh
  • Gourmet Stores
    About Us: Roopak’s Pik-N-Pay is one of its kind stores offering..
    Locations looking for expansion Haryana
    Establishment year 1958
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Competitive Exam Coaching Institute
    1) TAKSHILA is an institute preparing students for JEE/NEET/AIIMS entrance..
    Locations looking for expansion Delhi
    Establishment year 1998
    Franchising Launch Date 2011
    Investment size Rs. 10lac - 20lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi Delhi
  • Courier & Delivery
    sKart Global Express Pvt Ltd is a technology driven company..
    Locations looking for expansion Haryana
    Establishment year 1983
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities