What does Infotel Finance lend?

Infotel Finance writes distributor financing, purchase invoice discounting, secured term loan, unsecured business loan, vendor financing. Across those, observed facilities run ₹20 lakh to ₹2 cr.

What ticket size does Infotel Finance offer?

Facilities observed on live transactions run from ₹20 lakh to ₹2 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.

What rate does Infotel Finance charge?

Rates observed on live transactions fall between 14% and 22% a year. Tenures run 12 to 24 months. These are observed figures, not a quote, and the rate you are offered depends on your file.

How long does Infotel Finance take to disburse?

About 9 days from application to disbursal at the median, where the file is complete. Missing financials, unresolved security or a pending no-objection from an existing lender are what usually stretch it.

What are Infotel 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.

Lender profile

Infotel Finance business loans

Infotel Finance is on Recur Club's lender panel, writing distributor financing, purchase invoice discounting, secured term loan and 2 other products. Observed tickets run ₹20 lakh to ₹2 cr, priced between 14% and 22%. Median turnaround from application to disbursal is about 9 days.

✓Tickets from ₹20 L – ₹2 Cr across 5 products
✓Indicative pricing 14% – 22%, as quoted on live transactions
✓We check your fit against every lender on the panel, not just this one

Check your fit →See a typical term sheet

Products live

₹3 Cr

Median sanction

Sanction letters read

— The screen your file has to clear

The screen your file has to clear

What is checked before anything else, and applies to every product below.

Rejects

Indemnity under the AICA and Sourcing Agreements will not be provided by Infotel; indemnity must be provided by the Service Provider only
Will not provide indemnity under both agreements
per legal advice, indemnity is to be provided by the Service Provider only, not by both parties
"In view of the early-stage default and the negligible repayment made against the loan, any request for settlement is strictly not acceptable and stands rejected."

4 more ▾

Case deemed not feasible post detailed discussion with promoter, given existing leverage adequacy, debtor ageing stress, and inconsistent back-ended sales pattern
Not proceeding with the remaining 20L for now, as previously discussed
Company has indicated via email that they will not move further with the deal.
Lender is not doing the EV sector.

Wins

Any change in pricing should require mutual confirmation, not be solely at the service provider's discretion
Will consider structured debt only once the Gurgaon property sale becomes clearer and some business improvement is seen
Lender will consider structured debt only once the Gurgaon property sale becomes clearer and some business improvement is seen
Lender pushing for a better (higher) rate before confirming terms

21 more ▾

Requires both promoters to be co-applicants on the loan
…more in playbook
Banking data incomplete per AICA — HDFC a/c closed Mar'26 and ICICI a/c closed Aug'26
statements for these closed accounts still being arranged
Borrower (Infotel) disclosed it was unable to book ≈₹45 lacs of net income due to a technical reason, requiring further discussion/reconciliation with the lender
Can consider Sales Invoice discounting of Rs.10-15cr (limit within 7 days) at rates similar to trade credit
17 days past due reported in May'24 on Export Bill Discounting of Rs 15.74 crore (POS Rs 2.94 crore) flagged as underwriting concern
Bank statement balances do not tally/match across the provided statements — flagged as a separate discrepancy to resolve
Borrower's earlier submitted projections were flagged as being on the very higher side, requiring a fresh self-certified projection/provisional statement
Beneficial ownership declaration must include shareholders holding significant stakes (guarantor added at 16.80% shareholding)
Borrower's active debt pipeline includes IDFC Bank (≈₹25 Cr, tentative cost 10%-10.5%) and ICICI Bank (≈₹10-20 Cr, tentative cost ≈10.5%)
Diligence team requested bank statements be shared as PDFs rather than Excel files
Litigation diligence: most cases inactive
28 cases relate to a single Nashik workmen issue decided in the company's favour, flagged as nothing material or concerning
SDA defined as 'service deficiency/service guarantee fee' in the draft — GST characterisation to be checked with advisors
Capital withdrawal of Rs.56.90 Cr in FY24-25 flagged; lender wants timeline for reintroduction of withdrawn capital
Lender wants end-use details of additional funds (LAP, Business Loans, purchase invoice discounting totalling Rs 6.83cr since Jan 26), flagging fund diversion/end-use concern
Loans/advances extended to related parties in FY25-26 flagged; lender requires confirmation of recovery or a reintroduction timeline
Lender flags related-party/group concern entities (, Jind Modern Industrial Estate Pvt Ltd, Multifold Constructions and Developers Pvt Ltd) and asks if they are operational with sales/debt/capital details
Penal charges levied in BOB account (0336) flagged during review
Submitted debt profiler covers only secured lending and omits WC/other supply chain limits, while MCA shows total open charges of Rs.64.80cr, requiring reconciliation

Behaviour & gates

Borrower: CIBIL ≥650
maximum companyage: 25
age ≥1y
avoid
BankingExplosivesArms and AmmunitionsFinancial ServicesGambling and BettingInsuranceLottery BusinessOthers
Delhi, Maharashtra, Gujarat, Haryana, Uttar Pradesh
sector-agnostic (52 sectors — full list in data JSON)

15 more ▾

Private Limited, Sole proprietorship, Limited Liability Partner
Financials: maximum annualrevenuegrowthrate: 100
rev ≥₹25cr
TOL/adjusted tangible net worth ≤4
debt/EBITDA ≤4
debt/networth ≤4
DSCR ≥1
Deal: tenure 12–24mo (range across products — see matrix)
no PEP
Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%)
Security asked in : Personal Guarantee Of Promoters / Directors / Property Owner (×3), FD margin 5–10% (×2), 2nd charge on current assets (×2), Personal Guarantee Of Promoters/Directors (×1)
Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×32), FD margin 10–15% (×15), FD margin 15–20% (×5), FD margin 5–10% (×5)
share → in-principle approval (initial interest): ≈12d
in-principle approval → sanction (underwriting): ≈0d
sanction → disburse (closing): ≈1d

— Products & indicative terms

What Infotel 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
Purchase Invoice Discounting▾▴ Turnaround ~9d Rejects Negative sectors BankingExplosivesArms and AmmunitionsFinancial ServicesGambling and BettingInsuranceLottery BusinessOthers [setShashwat Khattar] Wins Director overdue: 0.001 INR Cr [set , Shashwat Khattar] Director CIBIL: 650 → funded cohort ≈725 [set , Shashwat Khattar] Max company age (yr): 25 Years [set , Shashwat Khattar] States DelhiMaharashtraGujaratHaryanaUttar Pradesh [setShashwat Khattar] 22 more ▾ ▴ Company types: Private Limited, Sole proprietorship, Limited Liability Partner [set , Shashwat Khattar] Min company age (yr): 1 Years [set , Shashwat Khattar] Min EBITDA (₹cr): 0 → funded cohort ≈24.84 [set , Shashwat Khattar] Min Annualrevenuegrowthrate: 0 % [set , Shashwat Khattar] Max Annualrevenuegrowthrate: 100 % [set , Shashwat Khattar] Min revenue (₹cr): 25 → funded cohort ≈528.85 [set , Shashwat Khattar] TOL: 4 [set , Shashwat Khattar] Debt / EBITDA: 4 → funded cohort ≈3.67 [set , Shashwat Khattar] Max revenue (₹cr): None [set , Shashwat Khattar] Pat: 0 INR Cr [set , Shashwat Khattar] Debt / Net worth: 4 → funded cohort ≈2.01 [set , Shashwat Khattar] Debt Service Coverage Ratio: 1 → funded cohort ≈4.16 [set , Shashwat Khattar] Offered terms (past deals): rate 15.5–15.8–16% ₹2–2–2 Cr 12–12–12 mo _(excl. 1 multi-product deal — no per-product split on record)_ Turnaround: ≈9 days (share→disburse) Asks for Other (×14) — e.g. Debt Profiler in IFPL format with rate and POS required Asks for MIS (×2) — e.g. Latest (2026) sanction letter of main lender required with rate, collateral and P Asks for Debt schedule / sanction letters (×1) — e.g. Sanction letter of running facilities including ABCL required Asks for Legal / KYC (×1) — e.g. Signed application form and KYC required Asks for Provisional financials (×1) — e.g. Annexures of FY26 provisional financials required Asks for Receivable/inventory ageing (×1) — e.g. Latest Debtor Ageing required Behaviour & gates Min tenure (mo): 12 Months [set , Shashwat Khattar] Min ticket (₹cr): None [set , Shashwat Khattar] Max tenure (mo): 12 Months [set , Shashwat Khattar] Min rate (%): 14 [set , Shashwat Khattar] Politically Exposed Person: No [set , Shashwat Khattar] Max ticket (₹cr): 3 [set , Shashwat Khattar] 18 more ▾ ▴ Security required: ['Personal Guarantee of Promoters / Directors / Property Owner', 'Fixed Deposit 5 - 10%'] [set , Shashwat Khattar] Max rate (%): None [set , Shashwat Khattar] Tenure — stated 12–12 mo, actually offered 12–12 mo → within stated band 18-odd credit inquiries against the promoter (Mr. Tilak Mundra) flagged as a concern, making the case's viability very low 7 business loans currently running on the borrower Borrower already availing multiple loans; additional loans of Rs 6.5cr disbursed recently Client has genuine overdues in their book which resulted in a penalty being created Client is currently only interested in ticket sizes beyond INR 5 Cr, so an INR 2 Cr deal is unlikely to draw further interest. Commercials and case specifics need to be discussed with Rohit first before proceeding Charges raised by the banker relate to the client's late submission of the stock statement, not an actual repayment default Group concern entities (, Jind Modern Industrial Estate Pvt Ltd, Multifold Constructions and Developers Pvt Ltd) flagged - operational status, sales, debt and capital need verification for related-party risk Large credits (Rs 8.73cr) from related group entity Jindal Modern Industrial Estate flagged ledger requested to establish nature of transactions - related-party risk End-use of additional funds (LAP, Business Loans, purchase invoice discounting) totaling Rs 6.83cr availed since Jan'26 queried - fund diversion/end-use concern High business loan (BL) enquiries in last 3 months flagged as a concern Monthly debt obligations of over Rs 40L exceed the borrower's net EBITDA-Tax cash flow of only ≈Rs 17.8L/month Interim revenue declined ≈45% YoY — FY26 interim sales of Rs 34.07cr vs Rs 64.50cr in the same period last year Interim topline decline of ≈10% in first four months of current FY (Rs 30.04cr vs Rs 33.87cr in same period last year) flagged for explanation	₹2 cr	15.5–16%	12 mo
Unsecured Business Loan▾▴ Turnaround ~20d Wins Asks for Other (×22) — e.g. Requires SL (Security List) as part of loan documentation Asks for Legal / KYC (×8) — e.g. Requires KYC documents Asks for Term sheet (×7) — e.g. Physical documents required before CIB (credit bureau check) can be initiated Asks for Contracts/work orders (×4) — e.g. Requires MFA (Mortgage/Facility Agreement) 8 more ▾ ▴ Asks for Debt schedule / sanction letters (×4) — e.g. Updated debt schedule document required for review Asks for Bank statements (×3) — e.g. Requires PDF bank statements for HDFC (9341), Kotak (0391), and M&T (2048) accou Asks for Cap table / equity (×3) — e.g. Shareholding certificate required for loan documentation Asks for Cash balance (×3) — e.g. Requires entity-wise cash position breakdown (encumbered/unencumbered) as of Jan Asks for MIS (×3) — e.g. Audited financials (PDF) and MIS/provisional data (Excel) required and shared vi Asks for Provisional financials (×3) — e.g. Requires provisional balance sheet and P&L with schedules as of January 31 Asks for Audited financials (×2) — e.g. Requires consolidated audited financials for FY ending March 31 Asks for GST / integration (×2) — e.g. Requires GST connect access for the borrower's GSTINs Behaviour & gates Offered terms (past deals): rate 14–18–22% ₹0.2–0.5–2 Cr 12–24–24 mo _(excl. 1 multi-product deal — no per-product split on record)_ Turnaround: ≈20 days (share→disburse) "In view of the early-stage default and the negligible repayment made against the loan, any request for settlement is strictly not acceptable and stands rejected." (×1 latest ) 29 more ▾ ▴ Case deemed not feasible post detailed discussion with promoter, given existing leverage adequacy, debtor ageing stress, and inconsistent back-ended sales pattern (×1 latest ) Lender unable to proceed with the case as the company has incurred cash losses up to November , as per the MIS provided (×1 latest ) Not proceeding with the remaining 20L for now, as previously discussed (×1 latest ) Company has indicated via email that they will not move further with the deal. (×1 latest ) Lender is not doing the EV sector. (×1 latest ) Passed (soft signal) on Infotel on account of de-growth (×1 latest ) Requires both promoters to be co-applicants on the loan (×1 latest ) Lender pushing for a better (higher) rate before confirming terms (×1 latest ) Additional loans from Incred and Ratan Finance were taken to manage corporate overheads and reduce cost of capital, alongside the primary secured debt facility. After sharing cheque/photograph reference docs and proceeding with disbursement, lender asks for the UTR (Unique Transaction Reference) number to be shared as soon as possible Approved loan quantum of 20 lakhs for each of the two firms Agreed loan terms: ₹30L principal, 19.5% interest + 2% processing fee, 12-month tenure, pending approval. Approved rate of 19% on the deal Borrower is concurrently raising a USD 1Mn Pre-Series A round and a ₹75L bridge round (PAS-4 shared), and is using the equity fundraise timeline as leverage for more competitive debt pricing. Basic KYC closed, cheques awaited Borrower has received a new contract from Accenture, indicating business growth and expansion Borrower purchased 20 new vehicles in November Borrower shows multiple CIBIL DPDs and aggressive business-loan enquiries in CIBIL over the last 2 months. Can consider loan amount of 30 lakhs for 18 months tenure (20+2 structure) Company projects a 12-month cash flow gap, to be bridged via additional debt and equity infusion while maintaining capex targets. Banking reconciliation provided for transactions between the borrower and Galvalinne Industries, addressing a round-tripping/circular-transaction concern flagged in diligence.	₹0.2–2 cr	14–22%	12–24 mo

Also offered, with no terms observed yet: Distributor Financing, Secured Term Loan, Vendor Financing.

— Typical term sheet

What a sanction from Infotel 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.

Indicative

— Common questions

What borrowers ask about Infotel Finance

What does Infotel Finance lend?: Infotel Finance writes distributor financing, purchase invoice discounting, secured term loan, unsecured business loan, vendor financing. Across those, observed facilities run ₹20 lakh to ₹2 cr.
What ticket size does Infotel Finance offer?: Facilities observed on live transactions run from ₹20 lakh to ₹2 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.
What rate does Infotel Finance charge?: Rates observed on live transactions fall between 14% and 22% a year. Tenures run 12 to 24 months. These are observed figures, not a quote, and the rate you are offered depends on your file.
How long does Infotel Finance take to disburse?: About 9 days from application to disbursal at the median, where the file is complete. Missing financials, unresolved security or a pending no-objection from an existing lender are what usually stretch it.
What are Infotel 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.

Next steps after Infotel Finance

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Last updated 29 September 2026

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 Infotel Finance's current policy. Terms are set by the lender at the time of sanction.