# Lendable business loans

> Lendable is on Recur Club's lender panel, writing secured term loan.

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

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

## Eligibility

### Screening gates and observed behaviour

- Borrower: CIBIL ≥650 · avoid: Cement, Explosives, Arms and Ammunitions, Gambling and Betting, Gems and Jewellery, Lottery Business, Media and Entertainment, Metals and Mining, Mining Companies, Mining Equipment, Mining Tech, Oil and Gas, Services for Mining Industry, Steel, Tobacco Products, Tourism and Hospitality · pan-India · Private Limited, Public, Limited Liability Partner · sector-agnostic (21 sectors — full list in data JSON)
- Financials: minimum annualrevenuegrowthrate: 10 · rev ≥₹100cr · TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · minimum assetsundermanagement: 400 · gross non performing assets: 3 · debt/networth ≤4 · DSCR ≥1
- Deal: rate 10–16% · ticket ₹20–340cr · tenure 36–84mo
- Security (observed): 1st/pari-passu charge on current assets (100%) · FD margin 15–20% (50%) · Personal Guarantee Of Promoters/Directors (50%) · Corporate Guarantee (50%)
- Security asked in : Personal Guarantee Of Promoters/Directors (×3), FD margin 10–15% (×2), 2nd charge on current assets (×1), 1st charge on P&M (×1)
- Security asked in 2026: 1st/pari-passu charge on current assets (×2), FD margin 15–20% (×1), Personal Guarantee Of Promoters/Directors (×1), Corporate Guarantee (×1)

## Common questions

### What does Lendable lend?

Lendable writes secured term loan.

### What are Lendable'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 Lendable ask for?

Observed across sanctions: 1st/pari-passu charge on current assets (100%) · FD margin 15–20% (50%) · Personal Guarantee Of Promoters/Directors (50%) · Corporate Guarantee (50%).

### How do I apply to Lendable?

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

### Is Lendable 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 Lendable 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 Lendable's current policy.