Cholamandalam Finance business loans
Cholamandalam Finance is on Recur Club's lender panel, writing vendor financing.
- ✓We check your fit against every lender on the panel, not just this one
The screen your file has to clear
What is checked before anything else, and applies to every product below.
- Borrower: age ≥2y (distributor financing, loan against property, purchase invoice discounting, sales invoice discounting, vendor financing)
- age ≥1y (machinery loan, operating lease)
- CIBIL ≥650
- avoid: Gems and Jewellery, Financial Services (varies by product)
- Private Limited, Public, Sole proprietorship, Limited Liability Partner
- sector-agnostic (49 sectors — full list in data JSON) (varies by product)
20 more ▾ ▴
- Financials: runway ≥12mo (varies by product)
- minimum annualrevenuegrowthrate: 5 (varies by product)
- rev ≥₹100cr (distributor financing, purchase invoice discounting, sales invoice discounting, vendor financing)
- rev ≥₹25cr (loan against property, machinery loan, operating lease)
- TOL/adjusted tangible net worth ≤5
- debt/EBITDA ≤4
- debt/networth ≤4
- DSCR ≥1
- minimum cagr: 5 (purchase invoice discounting, sales invoice discounting only)
- Deal: rate 10–15% (range across products — see matrix)
- ticket ₹0–15cr (range across products — see matrix)
- tenure 0–180mo (range across products — see matrix)
- Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%)
- FD margin 10–15% (100%)
- Corporate Guarantee (100%)
- median ticket ₹12.5cr
- median rate 13%
- median turnaround —
- Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×2), FD margin 10–15% (×2), Corporate Guarantee (×2)
- share → in-principle approval (initial interest): ≈21d
What Cholamandalam Finance lends, and on what terms
What has actually been offered on live transactions, not brochure numbers. Treat them as the band you are likely to be quoted inside, not a promise. Open a row for that product's credit box.
| Product | Ticket | Pricing | Tenure |
|---|
Also offered, with no terms observed yet: Vendor Financing.
What a sanction from Cholamandalam Finance actually looks like
Reconstructed from real sanction letters. Small samples, so read them as observed rather than as a rule.
Specimen sanction
Representative of the median file. Your actual terms will move with rating, security cover and relationship.
How often each clause appears
Share of the 24 sanction letters carrying the clause.
What they will ask you to pledge
Counted across the sanction letters read. A combination is normal, and most files carry more than one.
- Equipment/Machinery2 letters
- Medical Equipment (Cathlab)1 letters
- Immovable Property1 letters
- Fixed Deposit (DSRA)1 letters
- Immovable Property (Land)1 letters
- Machinery1 letters
- Equipment/Machinery ×2, Medical Equipment (Cathlab) ×1, Immovable Property ×1, Fixed Deposit (DSRA) ×1, Immovable Property (Land) ×1, Machinery ×1
What borrowers ask about Cholamandalam Finance
- What does Cholamandalam Finance lend?
- Cholamandalam Finance writes vendor financing.
- What are Cholamandalam Finance's eligibility criteria?
- The first screen is the bureau: a borrower CIBIL of at least 650. Revenue, leverage and debt-service thresholds apply on top and vary by product. The full credit box for each product is set out on this page.
- What security does Cholamandalam Finance ask for?
- Observed across sanctions: Personal Guarantee Of Promoters / Directors / Property Owner (100%) · FD margin 10–15% (100%) · Corporate Guarantee (100%).
- How do I apply to Cholamandalam Finance?
- You do not apply to Cholamandalam Finance directly through Recur Club. Answer a short set of questions on Recur Market and your file is scored against Cholamandalam Finance's own recorded criteria alongside every other lender on the panel, so you see where you fit before anyone is approached.
- Is Cholamandalam Finance the right lender for my business?
- It depends on which product you need, your sector and how your last two years of financials read. The credit box on this page is what Cholamandalam Finance screens on; running your own numbers through Recur Market shows whether you clear it, and which other lenders you clear at the same time.
Next steps after Cholamandalam Finance
Answer a short set of questions and see which lenders on the panel your file clears, on each one's own recorded criteria.
Search the panel by name, product or ticket size, and compare credit boxes side by side.
Registry identity, GST status, charges and ratings for any Indian company, including your own.
The underwriting platform these credit boxes come from. Built for lenders and credit teams.
Founder stories from the companies building in India, from the team behind Recur Club.
See whether Cholamandalam Finance is the right lender for you
A few questions. Recur Market scores you against Cholamandalam Finance and the rest of the panel, on each lender's own recorded criteria.
Check my matchLast updated
Lender intelligence dossier - screening gates, per-product terms and sanction observations, derived from lender policy documents and observed transactions. Figures are observed from a sample and are not an offer, a commitment, or a statement of Cholamandalam Finance's current policy. Terms are set by the lender at the time of sanction.