Ask Credit business loans
Ask Credit 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: CIBIL ≥650
- Financials: rev ≥₹100cr
- TOL/adjusted tangible net worth ≤5
- debt/EBITDA ≤4
- networth ≥₹20cr
- debt/networth ≤4
9 more ▾ ▴
- DSCR ≥1
- Deal: rate 12–14%
- ticket ₹100–300cr
- Security (observed): FD margin 15–20% (100%)
- Personal Guarantee Of Promoters/Directors (100%)
- 1st/pari-passu charge on current assets (50%)
- Current Assets - Subservient Charge (50%)
- FD margin 20–30% (50%)
- Security asked in : FD margin 15–20% (×2), Personal Guarantee Of Promoters/Directors (×2), 1st/pari-passu charge on current assets (×1), Current Assets - Subservient Charge (×1)
What Ask Credit 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 borrowers ask about Ask Credit
- What does Ask Credit lend?
- Ask Credit writes secured term loan.
- What are Ask Credit'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 Ask Credit ask for?
- Observed across sanctions: FD margin 15–20% (100%) · Personal Guarantee Of Promoters/Directors (100%) · 1st/pari-passu charge on current assets (50%) · Current Assets - Subservient Charge (50%) · FD margin 20–30% (50%).
- How do I apply to Ask Credit?
- You do not apply to Ask Credit directly through Recur Club. Answer a short set of questions on Recur Market and your file is scored against Ask Credit's own recorded criteria alongside every other lender on the panel, so you see where you fit before anyone is approached.
- Is Ask Credit 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 Ask Credit 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 Ask Credit
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.
Registry identity, GST status, charges and ratings for any Indian company, including your own.
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 Ask Credit is the right lender for you
A few questions. Recur Market scores you against Ask Credit 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 Ask Credit's current policy. Terms are set by the lender at the time of sanction.