Usha Financial business loans
Usha Financial is on Recur Club's lender panel, writing secured term loan.
- ✓We check your fit against every lender on the panel, not just this one
The screen your file has to clear
What is checked before anything else, and applies to every product below.
- Borrower: age ≥2y
- CIBIL ≥650
- avoidAgriculture and Allied IndustriesAuto ComponentsAutomobilesAviationBankingBiotechnologyCementChemicalsConsumer DurablesDefence ManufacturingE-CommerceEducation and Training
- pan-India
- Private Limited, Public
- positive sector: Financial Services, Insurance
15 more ▾ ▴
- Financials: runway ≥12mo
- TOL/adjusted tangible net worth ≤5
- debt/EBITDA ≤4
- minimum assetsundermanagement: 30
- networth ≥₹5cr
- debt/networth ≤4
- DSCR ≥1
- Deal: rate 15–22%
- ticket ₹0–3cr
- tenure 12–24mo
- Security (observed): 1st/pari-passu charge on current assets (100%)
- Personal Guarantee Of Promoters / Directors / Property Owner (100%)
- Corporate Guarantee (67%)
- Security asked in : 1st/pari-passu charge on current assets (×3), Personal Guarantee Of Promoters/Directors (×2), Fixed Deposit <5% (×2), FD margin 5–10% (×2)
- Security asked in 2026: 1st/pari-passu charge on current assets (×3), Personal Guarantee Of Promoters / Directors / Property Owner (×3), Corporate Guarantee (×2)
What Usha Financial 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 |
|---|
Also offered, with no terms observed yet: Secured Term Loan.
What a sanction from Usha Financial 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.
How often each clause appears
Share of the 1 sanction letters carrying the clause.
What they will ask you to pledge
Counted across the sanction letters read. A combination is normal, and most files carry more than one.
- Book debts (floating charge)1 letters
- Book debts1 letters
- Demand Promissory Note1 letters
- Cheques1 letters
- Book Debts1 letters
- Book debts (floating charge) ×1, Book debts ×1, Demand Promissory Note ×1, Cheques ×1, Book Debts ×1
What borrowers ask about Usha Financial
- What does Usha Financial lend?
- Usha Financial writes secured term loan.
- What are Usha 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 Usha Financial ask for?
- Observed across sanctions: 1st/pari-passu charge on current assets (100%) · Personal Guarantee Of Promoters / Directors / Property Owner (100%) · Corporate Guarantee (67%).
- How do I apply to Usha Financial?
- You do not apply to Usha Financial directly through Recur Club. Answer a short set of questions on Recur Market and your file is scored against Usha Financial's own recorded criteria alongside every other lender on the panel, so you see where you fit before anyone is approached.
- Is Usha 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 Usha 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.
Next steps after Usha Financial
Answer a short set of questions and see which lenders on the panel your file clears, on each one's own recorded criteria.
Search the panel by name, product or ticket size, and compare credit boxes side by side.
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The underwriting platform these credit boxes come from. Built for lenders and credit teams.
Founder stories from the companies building in India, from the team behind Recur Club.
See whether Usha Financial is the right lender for you
A few questions. Recur Market scores you against Usha Financial and the rest of the panel, on each lender's own recorded criteria.
Check my matchLast updated
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 Usha Financial's current policy. Terms are set by the lender at the time of sanction.