# Quid business loans

> Quid is on Recur Club's lender panel, writing purchase invoice discounting, secured term loan, unsecured business loan and 1 other products.

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

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

## Eligibility

### Screening gates and observed behaviour

- Borrower: age ≥2y (secured term loan) · age ≥3y (distributor financing, vendor financing) · CIBIL ≥650 · avoid: Financial Services, Insurance (varies by product) · pan-India · Private Limited, Sole proprietorship, Limited Liability Partner (varies by product) · positive sector: Consumer Durables, Healthcare, Retail (Consumer Goods), Electronics System Design & Manufacturing, E-Commerce, Education and Training, FMCG, Media and Entertainment, Medical Devices, Others (varies by product)
- Financials: runway ≥12mo (secured term loan) · runway ≥3mo (vendor financing) · runway ≥6mo (distributor financing) · minimum annualrevenuegrowthrate: -20 (varies by product) · exisiting debt: 30 (secured term loan only) · rev ≥₹0.5cr (secured term loan) · rev ≥₹60cr (distributor financing, vendor financing) · TOL/adjusted tangible net worth ≤5 · debt/networth ≤4 · EBITDA ≥₹5cr (vendor financing only) · debt/EBITDA ≤4 (vendor financing only) · DSCR ≥1 (vendor financing only)
- Deal: rate 15–24% · ticket ₹0–50cr (range across products — see matrix) · tenure 4–18mo (range across products — see matrix)
- Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%) · Escrow Of Cashflows (56%)
- Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×9), Escrow Of Cashflows (×5), FD margin 10–15% (×4), Corporate Guarantee (×2)
- share → in-principle approval (initial interest): ≈21d

## Common questions

### What does Quid lend?

Quid writes purchase invoice discounting, secured term loan, unsecured business loan, vendor financing.

### What are Quid'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 Quid ask for?

Observed across sanctions: Personal Guarantee Of Promoters / Directors / Property Owner (100%) · Escrow Of Cashflows (56%).

### How do I apply to Quid?

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

### Is Quid 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 Quid 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 Quid's current policy.