# Electronica Finance business loans

> Electronica Finance is on Recur Club's lender panel, writing machinery loan.

Source: https://www.recurclub.com/lenders/electronica-finance
Last updated: 2026-10-20

Also offered, with no terms observed yet: Machinery Loan.

## Eligibility

### Screening gates and observed behaviour

- Borrower: CIBIL ≥700 · age ≥2y · avoid: Banking, Explosives, Arms and Ammunitions, Financial Services, Gems and Jewellery, Gambling and Betting, Insurance, Lottery Business · pan-India · Private Limited, Public, Sole proprietorship, Limited Liability Partner
- Financials: DSCR ≥1.2
- Security (observed): 1st charge on P&M (100%)
- Security asked in : 1st charge on P&M (×1)

## Sanctioned terms (from 2 real sanction letters)

### Sanctioned amount: median ₹41L · NEW ×1

- median ₹41L · NEW ×1

### Typical security: Cash Collateral ×1, Solar/Industrial Equipment ×1, Post-Dated Cheques / SPDC ×1

- Cash Collateral ×1, Solar/Industrial Equipment ×1, Post-Dated Cheques / SPDC ×1

### Typical covenants: - No further borrowing without lender consent — 50% of letters

- No further borrowing without lender consent — 50% of letters

### Term sheet by ticket size: (facilities, largest first)

- (facilities, largest first)

## Common questions

### What does Electronica Finance lend?

Electronica Finance writes machinery loan.

### What are Electronica Finance's eligibility criteria?

The first screen is the bureau: a borrower CIBIL of at least 700. 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 Electronica Finance ask for?

Observed across sanctions: 1st charge on P&M (100%).

### How do I apply to Electronica Finance?

You do not apply to Electronica Finance directly through Recur Club. Answer a short set of questions on Recur Market and your file is scored against Electronica Finance's own recorded criteria alongside every other lender on the panel, so you see where you fit before anyone is approached.

### Is Electronica 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 Electronica 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.

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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 Electronica Finance's current policy.