# Ckers Finance business loans > Ckers Finance is on Recur Club's lender panel, writing secured term loan, working capital demand loan. Source: https://www.recurclub.com/lenders/ckers-finance Last updated: 2026-10-20 Also offered, with no terms observed yet: Secured Term Loan, Working Capital Demand Loan. ## Eligibility ### Screening gates and observed behaviour - Borrower: CIBIL ≥650 · avoid: Agriculture and Allied Industries, Auto Components, Automobiles, Aviation, Banking, Biotechnology, Cement, Chemicals, Consumer Durables, Defence Manufacturing, E-Commerce, Education and Training, Electronics System Design & Manufacturing, Engineering and Capital Goods, Engineering, Procurement, and Construction (EPC), Explosives, Arms and Ammunitions, Financial Services, FMCG, Food Processing, Gambling and Betting, Gems and Jewellery, Healthcare, Infrastructure, Insurance, Lottery Business, Manufacturing, Media and Entertainment, Medical Devices, Metals and Mining, Mining Companies, Mining Equipment, Mining Tech, Oil and Gas, Others, Paper & Packaging, Pharmaceuticals, Ports, Power, Railways, Real Estate (asset Light), Real Estate (non asset Light), Retail (Consumer Goods), Roads, SaaS, Science and Technology, Services, Services for Mining Industry, Steel, Tech Services, Telecommunications, Textiles, Tobacco Products, Tourism and Hospitality, Trading · pan-India · Private Limited, Public, Sole proprietorship, Limited Liability Partner · positive sector: Electric Vehicle, Renewable Energy - Financials: runway ≥12mo · rev ≥₹10cr · TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · debt/networth ≤4 · DSCR ≥1 - Deal: rate 16–18% · ticket ₹1–3cr · tenure 1–60mo (range across products — see matrix) · no PEP - Security (observed): FD margin 10–15% (100%) · 1st charge on P&M (100%) · Personal Guarantee Of Promoters / Directors / Property Owner (100%) · FD margin 5–10% (100%) - Security asked in : 1st/pari-passu charge on current assets (×2), FD margin 5–10% (×2), FD margin 15–20% (×2), Personal Guarantee Of Promoters/Directors (×2) - Security asked in 2026: FD margin 10–15% (×1), 1st charge on P&M (×1), Personal Guarantee Of Promoters / Directors / Property Owner (×1), FD margin 5–10% (×1) - share → in-principle approval (initial interest): ≈0d ## Sanctioned terms (from 3 real sanction letters) ### Sanctioned amount: median ₹3 cr (₹2 cr–₹3 cr) · NEW ×2 - median ₹3 cr (₹2 cr–₹3 cr) · NEW ×2 ### Typical security: Promoter/sponsor loans ×3, Undated cheques / auto-debit mandate ×2, Product warranties ×2, Financed Asset (lithium-based batteries/battery cells & chargers) ×1, Demand promissory note ×1, Current and movable fixed assets / receivables pertaining to Financed Assets ×1 - Promoter/sponsor loans ×3, Undated cheques / auto-debit mandate ×2, Product warranties ×2, Financed Asset (lithium-based batteries/battery cells & chargers) ×1, Demand promissory note ×1, Current and movable fixed assets / receivables pertaining to Financed Assets ×1 ### Typical covenants: - No further borrowing without lender consent — 100% of letters - No further borrowing without lender consent — 100% of letters ### Term sheet by ticket size: (facilities, largest first) - (facilities, largest first) ## Common questions ### What does Ckers Finance lend? Ckers Finance writes secured term loan, working capital demand loan. ### What are Ckers 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 Ckers Finance ask for? Observed across sanctions: FD margin 10–15% (100%) · 1st charge on P&M (100%) · Personal Guarantee Of Promoters / Directors / Property Owner (100%) · FD margin 5–10% (100%). ### How do I apply to Ckers Finance? You do not apply to Ckers Finance directly through Recur Club. Answer a short set of questions on Recur Market and your file is scored against Ckers Finance's own recorded criteria alongside every other lender on the panel, so you see where you fit before anyone is approached. ### Is Ckers 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 Ckers 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. --- Check which lenders fund a business like yours: https://www.recurclub.com/recur-market All lenders: https://www.recurclub.com/lenders 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 Ckers Finance's current policy.