# Credit Saison business loans > Credit Saison is on Recur Club's lender panel, writing secured term loan, unsecured business loan, working capital demand loan. Observed tickets run ₹10 lakh to ₹50 lakh, priced between 17% and 20%. Median turnaround from application to disbursal is about 10 days. Source: https://www.recurclub.com/lenders/credit-saison Last updated: 2026-09-29 ## Products and indicative terms Observed on live transactions. Not an offer or a quote. | Product | Ticket | Rate | Tenure | |---|---|---|---| | Unsecured Business Loan | ₹0.1–0.5 cr | 17–20% | 24–36 mo | Also offered, with no terms observed yet: Secured Term Loan, Working Capital Demand Loan. ## Eligibility ### Will not fund - Case is a hard matrix reject - Won't fund under professional/doctor category — 'we want to fund hospital not dr' - Deal denied because the applicant's banking transactions only started from April 26 (insufficient banking history) - This is a hard reject and cannot be reopened - Case rejected on risk score, per the portal - In small ticket size, we do not do Pvt Ltd - Hard cut reject: 17 unsecured loan inquiries in the last 3 months - Case not eligible under GST, Vyari, and banking surrogate for the minimum loan amount - Won't fund 'negative/red' industries: travel/ticketing agents, real estate business or services, commission/MLM business, chit fund/private finance, massage parlors, cable TV operators, courier companies, film industry, collection agencies, any DSA, jewellery (real or imitation), metal traders without stock, scrap dealers/traders, building material suppliers except cement and iron dealers, wine distributors and shops, GST-exempted agri businesses - Corporate lending has still not resumed - Case is hard reject under scenario 5 due to high enquiries with low conversion and combined CMR score of 8 - Negative industry - cyber cafe & money transfer services - Customer declined the loan as their requirement was already fulfilled and they no longer needed it - Advised to avoid the case: 'Resi and office both are OGL - the 583101 pin code is non-serviceable for unsecured business loan & SBA' - Don't want to process Business loan - Cannot accept an open/undeveloped plot or a notarized POA as ownership proof — a registered sale deed/sale agreement is required, not a POA with nominal stamp value and zero consideration - Recommended to avoid the case: not eligible for the Income program due to FY24-25 EBITDA loss of Rs. 17.27 cr and negative PAT of Rs. 18.95 cr in FY25-26, compounded by EMI bounces and penal charges for overdrawing on the OD account - Poonawalla will not entertain EBITDA-negative companies - Not comfortable with the location of the land offered as collateral - Case is a hard matrix reject (×1 · latest ) - Won't fund under professional/doctor category — 'we want to fund hospital not dr' (×1 · latest ) - Deal denied because the applicant's banking transactions only started from April 26 (insufficient banking history) (×1 · latest ) - SBA case hard rejected due to CIBIL inference (×1 · latest ) - Case rejected on risk score, per the portal (×1 · latest ) ### Prefers - Very selective on NBFC clients — only ≈65 of 84 clients are NBFCs, preference for AAA-rated names - Growing impact focus — positive on textiles, ceramics, clean energy, manufacturing, infra, solar, EPC; negative on oil - Relaxed co-borrower consent requirement for login stage - Will consider funding if it's a wholesale business - Prefers if the person worked in the same sector before starting the business - …more in playbook - Very selective on NBFC clients — only ≈65 of 84 clients are NBFCs, preference for AAA-rated names - Growing impact focus — positive on textiles, ceramics, clean energy, manufacturing, infra, solar, EPC; negative on oil - Relaxed co-borrower consent requirement for login stage - Will consider funding if it's a wholesale business - Prefers if the person worked in the same sector before starting the business - If customer has similar experience, can be considered - Only Term Loan (TL) is currently offered as a product; Overdraft (OD) is extended only selectively to high-turnover clients - Prefers executing the agreement via digital signature rather than a physically couriered draft, to close faster ### Screening gates and observed behaviour - Borrower: minimum bankingturnover: 0.5 (unsecured business loan only) · max usl90 plus dpd l6 m: 0 (unsecured business loan only) · age ≥3y (unsecured business loan only) · maximum bankingturnover: 250 (unsecured business loan only) · CIBIL ≥650 (cohort ≈711.5) · maximum companyage: 15 (unsecured business loan only) · max new ubl l3 m: 1 (unsecured business loan only) · max usl pos to turnover ratio: 40 (unsecured business loan only) · max od cc utilisation: 97 (unsecured business loan only) · max ongoing ubl count: 10 (unsecured business loan only) · max usl0 plus dpd l3 m: 0 (unsecured business loan only) · pan-India (varies by product) · Private Limited, Sole proprietorship, Limited Liability Partner, Public (varies by product) · positive sector: Financial Services (varies by product) - Financials: rev ≥₹100cr · TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · networth ≥₹30cr · debt/networth ≤4 · DSCR ≥1 - Deal: rate 10–21% (range across products — see matrix) · ticket ₹0–150cr (range across products — see matrix) · tenure 6–48mo (range across products — see matrix) · no PEP - Security (observed): No Security (100%) - median ticket ₹0.6cr - median rate 19% - median turnaround 10d - Security asked in : Personal Guarantee Of Promoters/Directors (×1), Escrow Of Cashflows (×1), 1st/pari-passu charge on current assets (×1), Fixed Deposit <5% (×1) - Security asked in : Personal Guarantee Of Promoters/Directors (×6), 2nd charge on current assets (×3), 1st/pari-passu charge on current assets (×2), FD margin 15–20% (×2) - Security asked in 2026: No Security (×65), Personal Guarantee Of Promoters / Directors / Property Owner (×7) - share → in-principle approval (initial interest): ≈7d - in-principle approval → sanction (underwriting): ≈0d - sanction → disburse (closing): ≈2d ## Sanctioned terms (from 14 real sanction letters) ### Sanctioned amount: median ₹41L (₹31L–₹55L) · NEW ×9 - median ₹41L (₹31L–₹55L) · NEW ×9 ### Typical security: Post-dated cheques / undated cheques ×2, Cheques (PDCs/UDCs) ×2, Post-dated/un-dated cheques ×1, Post-dated cheques/Undated cheques (PDC/UDC) ×1, Cheques / Repayment instruments ×1, PDC/UDC ×1 - Post-dated cheques / undated cheques ×2, Cheques (PDCs/UDCs) ×2, Post-dated/un-dated cheques ×1, Post-dated cheques/Undated cheques (PDC/UDC) ×1, Cheques / Repayment instruments ×1, PDC/UDC ×1 ### Typical covenants: - Other standing covenants — 50% of letters (e.g. "Customer Id 1074474 (stated on document).") - Other standing covenants — 50% of letters (e.g. "Customer Id 1074474 (stated on document).") ### Term sheet by ticket size: (facilities, largest first) - (facilities, largest first) ## Common questions ### What does Credit Saison lend? Credit Saison writes secured term loan, unsecured business loan, working capital demand loan. Across those, observed facilities run ₹10 lakh to ₹50 lakh. ### What ticket size does Credit Saison offer? Facilities observed on live transactions run from ₹10 lakh to ₹50 lakh. The band differs by product, so the figure that applies to you depends on which facility you are asking for. ### What rate does Credit Saison charge? Rates observed on live transactions fall between 17% and 20% a year. Tenures run 24 to 36 months. These are observed figures, not a quote, and the rate you are offered depends on your file. ### How long does Credit Saison take to disburse? About 10 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 Credit Saison'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. --- Check which lenders fund a business like yours: https://www.recurclub.com/recur-market All lenders: https://www.recurclub.com/lenders 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 Credit Saison's current policy.