# Jana Small business loans

> Jana Small is on Recur Club's lender panel, writing purchase invoice discounting, secured term loan.

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

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

## Eligibility

### Screening gates and observed behaviour

- Borrower: age ≥3y (bank guarantee, loan against property, overdraft / cash credit, purchase invoice discounting, sales invoice discounting, working capital demand loan) · age ≥2y (secured term loan) · CIBIL ≥650 · avoid: Explosives, Arms and Ammunitions, Financial Services, Gambling and Betting, Gems and Jewellery, Insurance, Lottery Business, Tobacco Products (varies by product) · Uttar Pradesh, Delhi, Haryana (varies by product) · Private Limited, Public (varies by product) · sector-agnostic (38 sectors — full list in data JSON) (varies by product)
- Financials: EBITDA ≥₹10cr (varies by product) · rev ≥₹300cr (bank guarantee, purchase invoice discounting, sales invoice discounting, working capital demand loan) · rev ≥₹10cr (loan against property, overdraft / cash credit, secured term loan) · TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · networth ≥₹5cr (varies by product) · debt/networth ≤4 · DSCR ≥1
- Deal: rate 9–16% (range across products — see matrix) · ticket ₹3–100cr (range across products — see matrix) · tenure 0–120mo (range across products — see matrix) · no PEP
- Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%) · FD margin 15–20% (50%)
- median ticket ₹10cr
- median rate 11.5%
- median turnaround —
- Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×4), FD margin 15–20% (×2), 1st/pari-passu charge on current assets (×1), Corporate Guarantee (×1)

## Sanctioned terms (from 4 real sanction letters)

### Sanctioned amount: median ₹5 cr (₹4.2 cr–₹25 cr) · NEW ×3

- median ₹5 cr (₹4.2 cr–₹25 cr) · NEW ×3

### Typical security: Immovable property – commercial ×1, Promissory note ×1, Farm house / agricultural land ×1, Commercial cum Residential building ×1, Receivables / hypothecated assets ×1, Fixed Deposit ×1

- Immovable property – commercial ×1, Promissory note ×1, Farm house / agricultural land ×1, Commercial cum Residential building ×1, Receivables / hypothecated assets ×1, Fixed Deposit ×1

### Typical covenants: - No further borrowing without lender consent — 75% of letters

- No further borrowing without lender consent — 75% of letters

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

- (facilities, largest first)

## Common questions

### What does Jana Small lend?

Jana Small writes purchase invoice discounting, secured term loan.

### What are Jana 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.

### What security does Jana Small ask for?

Observed across sanctions: Personal Guarantee Of Promoters / Directors / Property Owner (100%) · FD margin 15–20% (50%).

### How do I apply to Jana Small?

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

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