# DMI Finance business loans > DMI Finance is on Recur Club's lender panel, writing secured term loan, unsecured business loan. Source: https://www.recurclub.com/lenders/dmi-finance Last updated: 2026-10-20 Also offered, with no terms observed yet: Secured Term Loan, Unsecured Business Loan. ## Eligibility ### Screening gates and observed behaviour - Borrower: age ≥2y · CIBIL ≥650 (secured term loan) · CIBIL ≥700 (machinery loan, unsecured business loan) · max od cc utilisation: 97 (unsecured business loan only) · minimum bankingturnover: 2 (unsecured business loan only) · max usl enquiries l3 m: 12 (unsecured business loan only) · max ongoing ubl count: 10 (unsecured business loan only) · max new ubl l3 m: 3 (unsecured business loan only) · avg bank balance: 0.01 (unsecured business loan only) · avoid: Engineering, Procurement, and Construction (EPC), Real Estate (non asset Light), Infrastructure (varies by product) · Bihar, Delhi, Haryana, Rajasthan, Uttar Pradesh, Uttarakhand (varies by product) · Private Limited (varies by product) · sector-agnostic (26 sectors — full list in data JSON) (varies by product) - Financials: runway ≥24mo (secured term loan) · runway ≥12mo (machinery loan) · rev ≥₹100cr (secured term loan) · rev ≥₹50cr (machinery loan) · TOL/adjusted tangible net worth ≤5 (secured term loan) · TOL/adjusted tangible net worth ≤4 (machinery loan) · debt/EBITDA ≤4 · DSCR ≥1 (secured term loan) · DSCR ≥1.2 (machinery loan) · debt/networth ≤4 (secured term loan) · debt/networth ≤3 (machinery loan) · maximum tradereceivables: 120 (machinery loan only) · maximum tradepayables: 12 (machinery loan only) · maximum workingcapitalgap: 120 (machinery loan only) - Deal: rate 10–20% (range across products — see matrix) · ticket ₹0.2–400cr (range across products — see matrix) · tenure 12–84mo (range across products — see matrix) - Security (observed): 1st/pari-passu charge on current assets (100%) · Personal Guarantee Of Promoters / Directors / Property Owner (67%) - median ticket ₹50cr - median rate 13% - median turnaround — - Security asked in : 1st/pari-passu charge on current assets (×1), Movable Fixed Assets/Plant & Machinery - Pari Passu First Charge (×1), FD margin 10–15% (×1) - Security asked in 2026: 1st/pari-passu charge on current assets (×6), Personal Guarantee Of Promoters / Directors / Property Owner (×4), 2nd charge on current assets (×1), FD margin 10–15% (×1) - share → in-principle approval (initial interest): ≈49d ## Common questions ### What does DMI Finance lend? DMI Finance writes secured term loan, unsecured business loan. ### What are DMI 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 DMI Finance ask for? Observed across sanctions: 1st/pari-passu charge on current assets (100%) · Personal Guarantee Of Promoters / Directors / Property Owner (67%). ### How do I apply to DMI Finance? You do not apply to DMI Finance directly through Recur Club. Answer a short set of questions on Recur Market and your file is scored against DMI Finance's own recorded criteria alongside every other lender on the panel, so you see where you fit before anyone is approached. ### Is DMI 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 DMI 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 DMI Finance's current policy.