# Equitas Small business loans

Source: https://www.recurclub.com/lenders/equitas-small
Last updated: 2026-10-20

## Eligibility

### Screening gates and observed behaviour

- Borrower: CIBIL ≥650
- Financials: TOL/adjusted tangible net worth ≤4 · debt/EBITDA ≤3 · debt/networth ≤3 · DSCR ≥1
- Deal: rate 8–16% (range across products — see matrix) · ticket ₹5–200cr · tenure 12–180mo (range across products — see matrix)
- Security: 1st/pari-passu charge on current assets · 1st charge on immovable assets · share pledge ≤51% · FD margin 20–30% · Residential Property - Exclusive First Charge · Land - Exclusive First Charge
- in-principle approval → sanction (underwriting): ≈31d
- sanction → disburse (closing): ≈0d

## Sanctioned terms (from 1 real sanction letter)

### Sanctioned amount: median ₹10L


### Typical security: Registered Charge ×1

- Registered Charge ×1

### Term sheet by ticket size: (facilities, largest first)

- (facilities, largest first)

## Common questions

### What are Equitas Small'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.

### How do I apply to Equitas Small?

You do not apply to Equitas Small directly through Recur Club. Answer a short set of questions on Recur Market and your file is scored against Equitas Small's own recorded criteria alongside every other lender on the panel, so you see where you fit before anyone is approached.

### Is Equitas Small 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 Equitas Small 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 Equitas Small's current policy.