# Ask Credit business loans

> Ask Credit is on Recur Club's lender panel, writing secured term loan.

Source: https://www.recurclub.com/lenders/ask-credit
Last updated: 2026-10-20

Also offered, with no terms observed yet: Secured Term Loan.

## Eligibility

### Screening gates and observed behaviour

- Borrower: CIBIL ≥650
- Financials: rev ≥₹100cr · TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · networth ≥₹20cr · debt/networth ≤4 · 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)

## Common questions

### 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.

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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.