What ticket size does Credable Emerging offer?

Facilities observed on live transactions run from ₹1.5 cr to ₹5 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.

What rate does Credable Emerging charge?

Rates observed on live transactions fall between 14.2% and 16% a year. Tenures run 12 to 12 months. These are observed figures, not a quote, and the rate you are offered depends on your file.

How long does Credable Emerging take to disburse?

About 54 days from application to disbursal at the median, where the file is complete. Missing financials, unresolved security or a pending no-objection from an existing lender are what usually stretch it.

What are Credable Emerging'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.

Lender profile

Credable Emerging business loans

Credable Emerging is on Recur Club's lender panel, writing purchase invoice discounting, sales invoice discounting, secured term loan and 3 other products. Observed tickets run ₹1.5 cr to ₹5 cr, priced between 14.2% and 16%. Median turnaround from application to disbursal is about 54 days.

✓Tickets from ₹1.5 Cr – ₹5 Cr across 6 products
✓Indicative pricing 14.2% – 16%, as quoted on live transactions
✓We check your fit against every lender on the panel, not just this one

Check your fit →See a typical term sheet

Products live

₹5 Cr

Median sanction

Sanction letters read

— The screen your file has to clear

The screen your file has to clear

What is checked before anything else, and applies to every product below.

Rejects

We cannot give payout to a partner who has not sourced the case originally
Deals with no payout should not be accepted; must be dedupe blocked
Cannot book a loss on even a single case, per unit economics
Two cases rejected because pincodes were non-serviceable

12 more ▾

Swift ++ won't work without charge
Not authorized to pay interest on cash collateral due to regulatory restrictions
DevX decided not to move forward with the deal because borrower (Parin) could not provide the required details upfront within DevX/Credable's timeline (needed 30-45 days)
Won't go through credit due to negative history
Declined the sanction letter because the approved loan amount was lower than what was proposed/required
Won't proceed with the deal due to a mismatch in the loan quantum
Team won't be able to pursue the deal due to the PEP (politically exposed person) angle
Credable dropped the deal citing discomfort with the segment and scale not being high enough
Spark can't run the deal as there is no personal guarantee (personal guarantee)
Not comfortable due to receivables position and negative market feedback
Will not go through their system due to negative net worth in FY25
Not comfortable due to government clients and receivables concentration

Wins

Open to off-balance-sheet Vendor Financing structures
Willing to offer a higher referral fee in exchange for exclusivity and better pricing on deals
Keen on setting up an FLDG (First Loss Default Guarantee) program
Prefers sellers on ecommerce/quick-commerce, D2C and B2B companies with large buyers

21 more ▾

Prefers small companies with good receivables and tech/SaaS companies with good end clients
…more in playbook
Agreed to include latest cash position and
At least 25 hot leads needed to hit the targeted disbursal volume
Case (Shukla Enterprises) rejected due to high credit enquiries
A case disbursed this month becomes eligible for topup after 10 months, subject to meeting eligibility
if the partner sources and fulfills it, it is then counted
Cases rejected due to BTO decline are sent to the relook team to check if they can be processed under their policy
Credable to consider using
Case rejected in PD for being over-leveraged with monthly sales decline of 55% over last 4 months
Discussed increasing fee sharing for exclusivity
Exposure capped at 20% of current assets or 1-2 months of annualized sales (based on last 6-month average)
Approval turnaround targeted at 2 weeks
Banking review flagged a balance mismatch in Kotak Bank and missing months of statements in
Cash runway must be greater than 15 months at time of sanction
45 days given to perfect the charge
Charge is usually created within 30 days
Has not faced pushback from companies on giving charge; the real constraint is ticket size, not charge willingness
Can do 20/25cr limits but not in the first time. It will be in the form of limit enhancement
Minimum XIRR - 16.5% or 17%
No 18 month cases have been approved yet

Behaviour & gates

Borrower: age ≥2y (varies by product)
CIBIL ≥650
avoid
Tobacco ProductsExplosivesArms and AmmunitionsGambling and BettingInfrastructureLottery BusinessRoads (varies by product)
pan-India (varies by product)
Private Limited, Limited Liability Partner, Public (varies by product)
Financials: runway ≥12mo (varies by product)

18 more ▾

rev ≥₹30cr (purchase invoice discounting, sales invoice discounting, secured term loan, working capital demand loan)
rev ≥₹300cr (vendor financing)
TOL/adjusted tangible net worth ≤5
debt/EBITDA ≤4
debt/networth ≤4
DSCR ≥1
Deal: rate 13–17%
ticket ₹1–15cr
tenure 6–15mo (range across products — see matrix)
no PEP
Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%)
FD margin 10–15% (92%)
1st/pari-passu charge on current assets (69%)
Security asked in : FD margin 10–15% (×11), 1st/pari-passu charge on current assets (×9), Personal Guarantee Of Promoters/Directors (×6), Personal Guarantee Of Promoters / Directors / Property Owner (×5)
Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×13), FD margin 10–15% (×12), 1st/pari-passu charge on current assets (×9), FD margin 5–10% (×5)
share → in-principle approval (initial interest): ≈23d
in-principle approval → sanction (underwriting): ≈24d
sanction → disburse (closing): ≈26d

— Products & indicative terms

What Credable Emerging 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
Purchase Invoice Discounting▾▴ Turnaround ~54d Rejects Negative sectors Tobacco ProductsExplosivesArms and AmmunitionsGambling and BettingInfrastructureLottery BusinessRoads [setMohit Gautam] Wins Director overdue: 0.001 INR Cr [set , Mohit Gautam] States: pan-India [set , Mohit Gautam] Company types: Private Limited, Limited Liability Partner, Public [set , Mohit Gautam] Min company age (yr): 2 Years [set , Mohit Gautam] 16 more ▾ ▴ Director CIBIL: 650 [set , Mohit Gautam] Min Runway: 12 Months [set , Mohit Gautam] Min revenue (₹cr): 30 [set , Mohit Gautam] TOL: 5 [set , Mohit Gautam] Debt / EBITDA: 4 [set , Mohit Gautam] Equity Raised: 1 INR Cr [set , Mohit Gautam] Min Networth: 0 INR Cr [set , Mohit Gautam] Debt / Net worth: 4 [set , Mohit Gautam] Debt Service Coverage Ratio: 1 [set , Mohit Gautam] Offered terms (past deals): rate 14.2–14.2–14.2% ₹5–5–5 Cr 12–12–12 mo Turnaround: ≈54 days (share→disburse) Asks for Contracts/work orders (×1) — e.g. Agreement and documentation must be closed before disbursal can happen Asks for MIS (×1) — e.g. Revised sanction letter needed with escrow/cash-flow routing provisions included Asks for Term sheet (×1) — e.g. Wants to pull CIBIL before discussing with credit as case seems difficult Behaviour & gates Min tenure (mo): 12 Months [set , Mohit Gautam] Min ticket (₹cr): 1 [set , Mohit Gautam] Max tenure (mo): 12 Months [set , Mohit Gautam] Min rate (%): 13 [set , Mohit Gautam] Politically Exposed Person: No [set , Mohit Gautam] Max ticket (₹cr): 15 [set , Mohit Gautam] 12 more ▾ ▴ Security required: ['Fixed Deposit 5 - 10%', 'Charge On Current Assets - Second Charge'] [set , Mohit Gautam] Max rate (%): 17 [set , Mohit Gautam] rate — stated 13–17%, actually offered 14.2–14.2% → within stated band Amount — stated 1–15 Cr, actually offered 5–5 Cr → within stated band Tenure — stated 12–12 mo, actually offered 12–12 mo → within stated band Won't go through credit due to negative history (×1 latest ) Credit team came back with a 5cr proposal Deal is prima facie okay with Barkha and credit team, pending a few outstanding datasets before proceeding Following up with the company on CredAble's terms today to push for closure Deal difficult when fund raise quantum is less than ≈1Mn Deal seen as difficult due to very high inventory and receivables plus significantly increased debt	₹5 cr	14.2%	12 mo
Working Capital Demand Loan▾▴ Turnaround ~72d Rejects Negative sectors Tobacco ProductsExplosivesArms and AmmunitionsGambling and BettingInfrastructureLottery BusinessRoads [setMohit Gautam] Wins Director overdue: 0.001 INR Cr [set , Mohit Gautam] States: pan-India [set , Mohit Gautam] Company types: Private Limited, Limited Liability Partner, Public [set , Mohit Gautam] Min company age (yr): 2 Years [set , Mohit Gautam] 22 more ▾ ▴ Director CIBIL: 650 [set , Mohit Gautam] Min Runway: 12 Months [set , Mohit Gautam] Min revenue (₹cr): 30 [set , Mohit Gautam] TOL: 5 [set , Mohit Gautam] Debt / EBITDA: 4 [set , Mohit Gautam] Equity Raised: 1 INR Cr [set , Mohit Gautam] Min Networth: 0 INR Cr [set , Mohit Gautam] Debt / Net worth: 4 [set , Mohit Gautam] Debt Service Coverage Ratio: 1 [set , Mohit Gautam] Offered terms (past deals): rate 14.5–16–16% ₹1.5–2–2.5 Cr 12–12–12 mo Turnaround: ≈72 days (share→disburse) Asks for Other (×14) — e.g. Top 10 customer/supplier details (FY25) Asks for GST / integration (×5) — e.g. GST returns (Apr-Jun ) Asks for MIS (×5) — e.g. MIS reports (June-July ) and latest cash balance details Asks for Term sheet (×4) — e.g. CIBIL consent forms and KYC documents for directors Asks for Bank statements (×3) — e.g. Bank statements (April to present) Asks for Receivable/inventory ageing (×3) — e.g. Party-wise debtor aging analysis as of March 31 Asks for Audited financials (×2) — e.g. Audited financial statements (FY21) with tax audit report Asks for Legal / KYC (×2) — e.g. CIBIL consent and KYC documents Asks for Cap table / equity (×1) — e.g. Latest fully diluted shareholding pattern Behaviour & gates Min tenure (mo): 12 Months [set , Mohit Gautam] Min ticket (₹cr): 1 [set , Mohit Gautam] Max tenure (mo): 12 Months [set , Mohit Gautam] Min rate (%): 13 [set , Mohit Gautam] Politically Exposed Person: No [set , Mohit Gautam] Max ticket (₹cr): 15 [set , Mohit Gautam] 26 more ▾ ▴ Security required: ['Fixed Deposit 5 - 10%', 'Charge On Current Assets - Second Charge'] [set , Mohit Gautam] Max rate (%): 17 [set , Mohit Gautam] rate — stated 13–17%, actually offered 14.5–16% → within stated band Amount — stated 1–15 Cr, actually offered 1.5–2.5 Cr → within stated band Tenure — stated 12–12 mo, actually offered 12–12 mo → within stated band DevX decided not to move forward with the deal because borrower (Parin) could not provide the required details upfront within DevX/Credable's timeline (needed 30-45 days) (×1 latest ) Declined the sanction letter because the approved loan amount was lower than what was proposed/required (×1 latest ) Won't proceed with the deal due to a mismatch in the loan quantum (×1 latest ) Team won't be able to pursue the deal due to the PEP (politically exposed person) angle (×1 latest ) Not comfortable with company's runway position, including debt repayments (×1 latest ) Prefers a pari-passu security arrangement, which becomes challenging if the loan amount is below Rs 8 Crores (×1 latest ) Prefers pari-passu to be a post-disbursement condition rather than pre-disbursement (×1 latest ) Lender is fine providing escrow in this deal (×1 latest ) Borrower was previously approved but not disbursed; advised to check with credit department for past details Broad term sheet aligned but the loan quantum may still be revised Can explore for a 3cr quantum Any change to pricing or quantum requires Credit Committee approval since the original sanction was based on the initially agreed structure Countered sanction letter terms to 2cr at 14.5%	₹1.5–2.5 cr	14.5–16%	12 mo

Also offered, with no terms observed yet: Sales Invoice Discounting, Secured Term Loan, Unsecured Business Loan, Vendor Financing.

— Typical term sheet

What a sanction from Credable Emerging 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.

Indicative

How often each clause appears

Share of the 2 sanction letters carrying the clause.

Financial-ratio threshold to be maintained50%

— Security & covenants

What they will ask you to pledge

Counted across the sanction letters read. A combination is normal, and most files carry more than one.

auto-debit mandate1 letters
Undated cheques1 letters
Personal Guarantee1 letters
Receivables / Designated Account1 letters

auto-debit mandate ×1, Undated cheques ×1, Personal Guarantee ×1, Receivables / Designated Account ×1

— Common questions

What borrowers ask about Credable Emerging

What does Credable Emerging lend?: Credable Emerging writes purchase invoice discounting, sales invoice discounting, secured term loan, unsecured business loan, vendor financing, working capital demand loan. Across those, observed facilities run ₹1.5 cr to ₹5 cr.
What ticket size does Credable Emerging offer?: Facilities observed on live transactions run from ₹1.5 cr to ₹5 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.
What rate does Credable Emerging charge?: Rates observed on live transactions fall between 14.2% and 16% a year. Tenures run 12 to 12 months. These are observed figures, not a quote, and the rate you are offered depends on your file.
How long does Credable Emerging take to disburse?: About 54 days from application to disbursal at the median, where the file is complete. Missing financials, unresolved security or a pending no-objection from an existing lender are what usually stretch it.
What are Credable Emerging'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.

Next steps after Credable Emerging

Check your match

Answer a short set of questions and see which lenders on the panel your file clears, on each one's own recorded criteria.

Browse every lender

Search the panel by name, product or ticket size, and compare credit boxes side by side.

Look up a company

Registry identity, GST status, charges and ratings for any Indian company, including your own.

AICA

The underwriting platform these credit boxes come from. Built for lenders and credit teams.

Bharat Ke SuperFounders

Founder stories from the companies building in India, from the team behind Recur Club.

See whether Credable Emerging is the right lender for you

A few questions. Recur Market scores you against Credable Emerging and the rest of the panel, on each lender's own recorded criteria.

Check my match

Last updated 29 September 2026

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 Credable Emerging's current policy. Terms are set by the lender at the time of sanction.