# JM Financial business loans

> JM Financial is on Recur Club's lender panel, writing secured term loan, working capital demand loan.

Source: https://www.recurclub.com/lenders/jm-financial
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: Real Estate (asset Light), Real Estate (non asset Light) · pan-India · Private Limited, Public, Limited Liability Partner · sector-agnostic (50 sectors — full list in data JSON)
- Financials: TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · debt/networth ≤4 · DSCR ≥1
- Deal: rate 15–18% · ticket ₹70–1000cr · tenure 24–84mo
- Security (observed): Personal Guarantee Of Promoters/Directors (100%) · 1st/pari-passu charge on current assets (67%)
- Security asked in : 1st/pari-passu charge on current assets (×1), Escrow Of Cashflows (×1), Commercial/Office Property/Factory Building - Exclusive First Charge (×1)
- Security asked in : Personal Guarantee Of Promoters/Directors (×3), 1st/pari-passu charge on current assets (×2), FD margin 15–20% (×1), Immovable Fixed Assets - Pari Passu First Charge (×1)

## Common questions

### What does JM Financial lend?

JM Financial writes secured term loan, working capital demand loan.

### What are JM Financial'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 JM Financial ask for?

Observed across sanctions: Personal Guarantee Of Promoters/Directors (100%) · 1st/pari-passu charge on current assets (67%).

### How do I apply to JM Financial?

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

### Is JM Financial 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 JM Financial 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 JM Financial's current policy.