# Shriram Finance business loans > Shriram Finance is on Recur Club's lender panel, writing purchase invoice discounting, sales invoice discounting, secured term loan and 1 other products. Source: https://www.recurclub.com/lenders/shriram-finance Last updated: 2026-10-20 Also offered, with no terms observed yet: Purchase Invoice Discounting, Sales Invoice Discounting, Secured Term Loan, Working Capital Demand Loan. ## Eligibility ### Screening gates and observed behaviour - Borrower: CIBIL ≥650 · age ≥2y (secured term loan) · age ≥3y (purchase invoice discounting, sales invoice discounting, working capital demand loan) · Rajasthan, Delhi, Haryana, Punjab, Uttarakhand, Maharashtra, Uttar Pradesh (varies by product) · avoid: Agriculture and Allied Industries, Auto Components, Automobiles, Aviation, Banking, Biotechnology, Cement, Chemicals, Consumer Durables, Defence Manufacturing, E-Commerce, Education and Training, Electric Vehicle, Electronics System Design & Manufacturing, Engineering and Capital Goods, Engineering, Procurement, and Construction (EPC), Explosives, Arms and Ammunitions, 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), Renewable Energy, Retail (Consumer Goods), Roads, SaaS, Science and Technology, Services, Services for Mining Industry, Steel, Tech Services, Telecommunications, Textiles, Tobacco Products, Tourism and Hospitality, Trading (varies by product) · positive sector: Financial Services (varies by product) · Private Limited, Public (varies by product) - Financials: rev ≥₹20cr (varies by product) · TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · maximum annualrevenue: 250 (varies by product) · debt/networth ≤4 · DSCR ≥1 · minimum assetsundermanagement: 100 (secured term loan only) · gross non performing assets: 3 (secured term loan only) - Deal: rate 12–18% (range across products — see matrix) · ticket ₹1–40cr (range across products — see matrix) · tenure 12–48mo - Security (observed): 1st/pari-passu charge on current assets (100%) - median ticket ₹5cr - median rate 13.8% - median turnaround — - Security asked in : Personal Guarantee Of Promoters/Directors (×25), FD margin 10–15% (×9), FD margin 15–20% (×8), 2nd charge on current assets (×7) - Security asked in 2026: 1st/pari-passu charge on current assets (×1) - share → in-principle approval (initial interest): ≈25d ## Sanctioned terms (from 22 real sanction letters) ### Sanctioned amount: median ₹50L (₹2L–₹20 cr) · NEW ×9 · RENEWAL ×1 - median ₹50L (₹2L–₹20 cr) · NEW ×9 · RENEWAL ×1 ### Typical security: Cash margin ×2, Cash Margin ×2, Immovable Property ×1, Cash Margin/Cash Collateral ×1, Post-dated Cheques ×1, Undated Cheques ×1 - Cash margin ×2, Cash Margin ×2, Immovable Property ×1, Cash Margin/Cash Collateral ×1, Post-dated Cheques ×1, Undated Cheques ×1 ### Typical covenants: - Other standing covenants — 45% of letters - Other standing covenants — 45% of letters ### Term sheet by ticket size: (facilities, largest first) - (facilities, largest first) ## Common questions ### What does Shriram Finance lend? Shriram Finance writes purchase invoice discounting, sales invoice discounting, secured term loan, working capital demand loan. ### What are Shriram 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 Shriram Finance ask for? Observed across sanctions: 1st/pari-passu charge on current assets (100%). ### How do I apply to Shriram Finance? You do not apply to Shriram Finance directly through Recur Club. Answer a short set of questions on Recur Market and your file is scored against Shriram Finance's own recorded criteria alongside every other lender on the panel, so you see where you fit before anyone is approached. ### Is Shriram 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 Shriram 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 Shriram Finance's current policy.