# Grand Anicut business loans

> Grand Anicut is on Recur Club's lender panel, writing purchase invoice discounting, secured term loan, working capital demand loan.

Source: https://www.recurclub.com/lenders/grand-anicut
Last updated: 2026-10-20

Also offered, with no terms observed yet: Purchase Invoice Discounting, Secured Term Loan, Working Capital Demand Loan.

## Eligibility

### Screening gates and observed behaviour

- Borrower: CIBIL ≥650 · avoid: Real Estate (asset Light), Real Estate (non asset Light), Media and Entertainment, Banking, Insurance, Financial Services, Electric Vehicle, Engineering, Procurement, and Construction (EPC), Explosives, Arms and Ammunitions, Gambling and Betting, Infrastructure, Lottery Business, Tobacco Products · pan-India · Private Limited, Public, Limited Liability Partner · sector-agnostic (41 sectors — full list in data JSON)
- Financials: TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · debt/networth ≤4 · DSCR ≥1
- Deal: rate 16–18% · ticket ₹30–150cr · tenure 12–36mo
- Security (observed): 1st charge on P&M (100%) · 1st charge on immovable assets (100%) · Personal Guarantee Of Promoters / Directors / Property Owner (100%) · FD margin 5–10% (50%) · FD margin 10–15% (50%) · 2nd charge on current assets (50%) · share pledge ≤51% (50%) · Escrow Of Cashflows (50%)
- Security asked in : 1st/pari-passu charge on current assets (×5), Fixed Deposit <5% (×5), FD margin 5–10% (×5), FD margin 10–15% (×5)
- Security asked in : 1st/pari-passu charge on current assets (×3), Personal Guarantee Of Promoters/Directors (×3), FD margin 15–20% (×2), 1st charge on immovable assets (×2)
- Security asked in 2026: 1st charge on P&M (×2), 1st charge on immovable assets (×2), Personal Guarantee Of Promoters / Directors / Property Owner (×2), FD margin 5–10% (×1)

## Common questions

### What does Grand Anicut lend?

Grand Anicut writes purchase invoice discounting, secured term loan, working capital demand loan.

### What are Grand Anicut'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 Grand Anicut ask for?

Observed across sanctions: 1st charge on P&M (100%) · 1st charge on immovable assets (100%) · Personal Guarantee Of Promoters / Directors / Property Owner (100%) · FD margin 5–10% (50%) · FD margin 10–15% (50%) · 2nd charge on current assets (50%) · share pledge ≤51% (50%) · Escrow Of Cashflows (50%).

### How do I apply to Grand Anicut?

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

### Is Grand Anicut 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 Grand Anicut 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 Grand Anicut's current policy.