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Frequently
Asked Questions
What is Recur Club?
Recur is a modern fintech platform established in 2021, connecting businesses with over 100 leading lenders to swiftly raise tailored debt capital. It’s renowned for being India’s fastest debt platform.
What Makes Recur Club Unique?
Recur Club differentiates itself from banks and NBFCs as a marketplace, by providing a quicker, more adaptable, and digitally efficient process, prioritising ease and speed while ensuring data confidentiality.
How Does Recur Club Work?
Signing up is simple. Share your business details and financials, and our AI/ML underwriting models along with capital experts will quickly provide a tailored term sheet within 48 hours.
What are the Document Requirements?
The application requires basic business information like CIN, PAN, GSTIN, and financial records such as 24-month bank statements, MIS, and audited financials.
Is My Company Eligible?
High-growth companies with a minimum of INR 10 Lakhs revenue, over a year in operation, and at least 3 months of runway are ideal for Recur Club.
How Much Capital Can I Raise?
The capital raised depends on whether you choose Recur Spark, Recur Swift, or Recur Scale.
How Long Does Raising Capital Take?
Get your tailored debt term sheet within 48 hours, showcasing our commitment to rapid financing.
Are There Any Processing Fees?
We charge a transparent, one-time service fee only upon capital drawdown.
How Do I Apply?
Apply digitally by signing up on our platform and linking your financial software. Our team will assist you throughout the process.
What Does Signing Up Cost?
Joining Recur Club is free, with a service fee applicable only when capital is raised.
Who Can Assist Me?
Our dedicated capital experts are available for assistance. Contact us through our website for any queries.
How Is My Data Protected?
Recur ensures the utmost confidentiality and integrity of your data, backed by ISO 27001 certification.