Lender profile
Equentia Financial business loans
Equentia Financial is on Recur Club's lender panel, writing operating lease, overdraft / cash credit, purchase invoice discounting and 5 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 62 days.
- ✓Tickets from ₹1.5 Cr – ₹5 Cr across 8 products
- ✓Indicative pricing 14.2% – 16%, as quoted on live transactions
- ✓Around 62 days from application to disbursal when the file is clean
- ✓We check your fit against every lender on the panel, not just this one
8
Products live
₹5 Cr
Median sanction
62
Days median turnaround
2
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
- Cannot give payout to a partner who has not sourced the case originally
- Finance team will not allow payout to a partner who didn't originally source the case
- System does not allow tagging a case to a partner who has not sourced it originally
- No disbursement should happen on this case; do not process it
20 more ▾ ▴
- Not doing top-up for cases unless it was originally disbursed by them
- Can't book a loss even for a single case, due to unit economics
- Case rejected in PD for being over-leveraged
- Will not fund export/import industry
- Negative list: retail garments (showroom inventory risk), mobile phones, gold, real estate, road infrastructure
- Swift++ won't work without charge
- We are not authorized to give interest on the cash collateral from a regulatory standpoint
- DevX decided not to move forward with the deal since the borrower (Parin) could not provide the required due-diligence details upfront within their timeline
- Gorakhpur is not serviceable
- Won't go through credit due to history
- Declined the sanction letter because the approved loan amount was lower than initially proposed and did not meet their requirements
- Won't proceed ahead due to quantum mismatch
- Dropped by Credable due to discomfort with the segment and not very high scale
- Can't run under Spark as there is no personal guarantee
- Not deploying in Gujarat currently
- Not doing Gujarat
- Will not go through their system due to negative net worth in FY25
- Won't go through the system due to discomfort with EPC+Infra sector and receivables position
- Not covering Indore as a location for now
- Can't do WCDL for seed-stage companies
Wins
- Can do solar EPC
- Not keen on traders, have hardly funded any
- Open to quality unsecured cases at 15% rate, 10-12% cash margin, with personal guarantee
- Comfort is with 12-15 month term loans but can consider revolving lines where needed
20 more ▾ ▴
- New programme for early-stage companies with $1-2mn raised: exposure up to ₹10mn (₹2cr), targeting ecommerce/qcomm sellers, D2C, and B2B companies with large buyers
- …more in playbook
- Can do solar EPC
- Not keen on traders, have hardly funded any
- Open to quality unsecured cases at 15% rate, 10-12% cash margin, with personal guarantee
- Comfort is with 12-15 month term loans but can consider revolving lines where needed
- New programme for early-stage companies with $1-2mn raised: exposure up to ₹10mn (₹2cr), targeting ecommerce/qcomm sellers, D2C, and B2B companies with large buyers
- Prefers small companies with good receivables, tech/SaaS with good end clients
- Prefers escrow-backed structures
- Prefers revolving lines, but okay to do term loans
- Prefers D2C brands, ecommerce/quick-commerce sellers, and new B2B startups (infra, chemicals) for this program
- Willing to evaluate a two-way referral fee-sharing agreement
- Open to offering higher fee in exchange for exclusivity and better pricing
- Keen on doing an FLDG program
- For SID, escrow is a must; can proceed without charge on all assets but needs exclusive charge on receivables like Flipkart's
- Prefers a fully automated 'no human touch point' rejection process with no conversational back-and-forth
- Wants healthy financial ratios for the company
- Wants CIBIL to be good without any major negative findings
- 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%
Behaviour & gates
- Borrower: CIBIL ≥650
- age ≥2y (varies by product)
- avoidInfrastructureRoadsTobacco ProductsExplosivesArms and AmmunitionsGambling and BettingLottery Business (varies by product)
- pan-India (varies by product)
- sector-agnostic (50 sectors — full list in data JSON) (varies by product)
- Private Limited, Public, Limited Liability Partner (varies by product)
23 more ▾ ▴
- Financials: rev ≥₹30cr (purchase invoice discounting, secured term loan, working capital demand loan)
- rev ≥₹10cr (sales invoice discounting)
- rev ≥₹300cr (vendor financing)
- TOL/adjusted tangible net worth ≤5
- debt/EBITDA ≤4
- debt/networth ≤4
- DSCR ≥1
- Deal: rate 13–17%
- ticket ₹0–15cr (range across products — see matrix)
- tenure 6–18mo (range across products — see matrix)
- no PEP
- Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%)
- FD margin 10–15% (92%)
- median ticket ₹5cr
- median rate 14%
- median turnaround 62d
- Security asked in : Personal Guarantee Of Promoters/Directors (×1)
- Security asked in : FD margin 20–30% (×10), Fixed Deposit <5% (×9), FD margin 5–10% (×9), FD margin 10–15% (×9)
- Security asked in : Personal Guarantee Of Promoters/Directors (×38), FD margin 10–15% (×28), 1st/pari-passu charge on current assets (×22), FD margin 5–10% (×14)
- Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×24), FD margin 10–15% (×22), 1st/pari-passu charge on current assets (×11), FD margin 5–10% (×6)
- share → in-principle approval (initial interest): ≈5d
- in-principle approval → sanction (underwriting): ≈26d
- sanction → disburse (closing): ≈33d
— Products & indicative terms
What Equentia Financial 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
Wins
14 more ▾ ▴
Behaviour & gates
27 more ▾ ▴
| ₹5 cr | 14.2% | 12 mo |
Working Capital Demand Loan▾Turnaround ~96d Rejects
Wins
22 more ▾ ▴
Behaviour & gates
31 more ▾ ▴
| ₹1.5–2.5 cr | 14.5–16% | 12 mo |
Also offered, with no terms observed yet: Operating Lease, Overdraft / Cash Credit, Sales Invoice Discounting, Secured Term Loan, Unsecured Business Loan, Vendor Financing.
— Typical term sheet
What a sanction from Equentia Financial 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.
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.
- Receivables / Designated Account1 letters
- auto-debit mandate1 letters
- Undated cheques1 letters
- Personal Guarantee1 letters
- Receivables / Designated Account ×1, auto-debit mandate ×1, Undated cheques ×1, Personal Guarantee ×1
— Common questions
What borrowers ask about Equentia Financial
- What does Equentia Financial lend?
- Equentia Financial writes operating lease, overdraft / cash credit, purchase invoice discounting, sales invoice discounting, secured term loan, unsecured business loan and 2 further products. Across those, observed facilities run ₹1.5 cr to ₹5 cr.
- What ticket size does Equentia Financial 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 Equentia Financial 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 Equentia Financial take to disburse?
- About 62 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 Equentia Financial'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.
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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 Equentia Financial's current policy. Terms are set by the lender at the time of sanction.