# Mirova business loans

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

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

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

## Eligibility

### Screening gates and observed behaviour

- Borrower: age ≥2y · CIBIL ≥650 · avoid: Aviation, Cement, Chemicals, Explosives, Arms and Ammunitions, Gambling and Betting, Lottery Business, Media and Entertainment, Mining Companies, Metals and Mining, Mining Equipment, Mining Tech, Real Estate (asset Light), Real Estate (non asset Light), Services for Mining Industry, Tobacco Products, Gems and Jewellery, Oil and Gas, Steel, Tourism and Hospitality · pan-India · Private Limited, Limited Liability Partner, Public · sector-agnostic (18 sectors — full list in data JSON)
- Financials: TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · debt/networth ≤4 · DSCR ≥1
- Deal: rate 12–16% · ticket ₹40–175cr · tenure 12–120mo
- Security (observed): 1st/pari-passu charge on current assets (100%) · FD margin 15–20% (100%) · Personal Guarantee Of Promoters/Directors (100%)
- Security asked in : 1st/pari-passu charge on current assets (×2), FD margin 15–20% (×2), Personal Guarantee Of Promoters/Directors (×2)

## Common questions

### What does Mirova lend?

Mirova writes secured term loan.

### What are Mirova'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 Mirova ask for?

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

### How do I apply to Mirova?

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

### Is Mirova 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 Mirova 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 Mirova's current policy.