# Growth Source business loans

> Growth Source is on Recur Club's lender panel, writing unsecured business loan.

Source: https://www.recurclub.com/lenders/growth-source
Last updated: 2026-10-20

Also offered, with no terms observed yet: Unsecured Business Loan.

## Eligibility

### Screening gates and observed behaviour

- Borrower: CIBIL ≥650 · age ≥1y · Maharashtra, Andaman and Nicobar Islands, Andhra Pradesh, Bihar, Arunachal Pradesh, Assam, Chhattisgarh, Chandigarh, Tamil Nadu, Rajasthan, Punjab, Puducherry, Odisha, Mizoram, Sikkim, Telangana, Tripura, Uttarakhand, West Bengal, Uttar Pradesh · sector-agnostic (34 sectors — full list in data JSON) · Private Limited, Sole proprietorship, Limited Liability Partner
- Financials: TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · debt/networth ≤4 · DSCR ≥1
- Deal: rate 18–21% · ticket ₹0.1–0.5cr · tenure 12–60mo
- Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%) · 1st/pari-passu charge on current assets (100%) · Fixed Deposit <5% (50%) · Warrants <5% (50%) · Escrow Of Cashflows (50%) · 1st charge on immovable assets (50%)
- Security asked in : Personal Guarantee Of Promoters / Directors / Property Owner (×4)
- Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×2), 1st/pari-passu charge on current assets (×2), Fixed Deposit <5% (×1), Warrants <5% (×1)
- share → in-principle approval (initial interest): ≈2d

## Common questions

### What does Growth Source lend?

Growth Source writes unsecured business loan.

### What are Growth Source'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 Growth Source ask for?

Observed across sanctions: Personal Guarantee Of Promoters / Directors / Property Owner (100%) · 1st/pari-passu charge on current assets (100%) · Fixed Deposit <5% (50%) · Warrants <5% (50%) · Escrow Of Cashflows (50%) · 1st charge on immovable assets (50%).

### What documents does Growth Source ask for?

Most often bank statements, term sheet. Having these ready before the first call is what shortens the turnaround.

### How do I apply to Growth Source?

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

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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 Growth Source's current policy.