# RevX Advisors business loans > RevX Advisors is on Recur Club's lender panel, writing operating lease, overdraft / cash credit, purchase invoice discounting and 4 other products. Observed tickets run ₹2 cr to ₹50 cr, priced between 14% and 17%. Median turnaround from application to disbursal is about 71 days. Source: https://www.recurclub.com/lenders/revx-advisors Last updated: 2026-09-29 ## Products and indicative terms Observed on live transactions. Not an offer or a quote. | Product | Ticket | Rate | Tenure | |---|---|---|---| | Secured Term Loan | ₹2–50 cr | 14–17% | 18–24 mo | Also offered, with no terms observed yet: Operating Lease, Overdraft / Cash Credit, Purchase Invoice Discounting, Sales Invoice Discounting, Venture Debt, Working Capital Demand Loan. ## Eligibility ### Will not fund - Sector agnostic except real estate (RE) and EPC - Not funded a single branch-led or small NBFC in the last 12 years; only funds large-AUM NBFCs (e.g. recently funded BharatPe) - Doesn't do EPC companies - Will not proceed with the transaction at this stage, citing the company's limited runway and current scale of business - Won't be able to close the deal if factoring in their fee, as the company is very price sensitive - this is passed due to cashflows + history with other lenders. - Company currently too small for lender in terms of debt servicing capacity - Fund cannot provide share pledge as collateral because fund documents do not permit it - Company flagged for ED Raid and PEP — likely to be declined on compliance grounds - RevX dropped the deal due to multiple litigation cases, cheque dishonouring cases, and criminal cases against the promoters. - Won't do Indore-based companies - Dropped the deal due to discomfort with loss-making EV financing companies - We always avoid solar EPC companies in general - Evaluated the company in the past and was not satisfied with its responses around business and receivables ### Prefers - For SME deals, prefers strong governance, promoter group comfort, and 3rd-party collateral such as a share pledge from a listed company - For startups, focuses on strong equity backing and the company's ability to raise further capital - Not very keen on MFI, gold loan, branch-heavy, cash-collection NBFCs in tier 2 or other locations without institutional capital backing, unless the promoter has strong experience - Where perceived risk is lower, willing to price large transactions below 17% XIRR - Looking for large transactions - …more in playbook - Current target returns 17-18% XIRR, down from earlier 21-23% XIRR as focus shifted from yield to scale - DD process: detailed data request, clarification calls, Acumen checks, term sheet closure (≈70% underwriting complete by that stage), commitment fee, documentation, physical DD, banking+GST verification - Deal sourcing via IBs, customer/CFO referrals, DSAs, outbound to VC/PE-backed companies, and redeployment (≈35%+ of portfolio) - Ideal ticket size is ₹10–15 crore+, regularly executes ₹20–50 crore deals, with exposures reaching ₹95 crore in a single deal - Minimum ticket size is ₹5 crore - Minimum ticket size ₹5 crore, ideal ticket size ₹10-15 crore+, regularly executes ₹20-50 crore transactions, with exposures reaching ₹95 crore in a single deal - 10 transactions at ₹50cr performing credit; 4-5 companies at ₹75cr and upward; highest single disbursement ₹95cr - Many portfolio companies have revenue scale of ₹100 crore+ - Prefers ≈9 months of runway for companies with negative EBITDA - XIRR expectation of 18% - Turnover less than 100cr. DPIT registered. - 90% are in Metros. Tier 3 and 4 will completely avoid - LAP can do for loss making - risky LTV. 0.5 0.75x, where comfort is there can go up to 1.5x - Real estate transactions security cover is 3x ### Screening gates and observed behaviour - Borrower: CIBIL ≥650 (cohort ≈740) · age ≥1y · avoid: Engineering, Procurement, and Construction (EPC) · pan-India · Private Limited, Public - Financials: runway ≥9mo · rev ≥₹20cr (cohort ≈136) · TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 (cohort ≈0.1×) · debt/networth ≤4 (cohort ≈0.1×) · DSCR ≥1 (cohort ≈1×) - Deal: rate 13–20% (range across products — see matrix) · ticket ₹5–120cr · tenure 6–60mo (range across products — see matrix) · no PEP - Security (observed): 1st/pari-passu charge on current assets (100%) · Personal Guarantee Of Promoters / Directors / Property Owner (61%) - Security asked in : 1st/pari-passu charge on current assets (×7), Personal Guarantee Of Promoters/Directors (×6), FD margin 20–30% (×3), Escrow Of Cashflows (×2) - Security asked in : 1st/pari-passu charge on current assets (×31), Personal Guarantee Of Promoters/Directors (×20), 2nd charge on current assets (×7), FD margin 5–10% (×6) - Security asked in 2026: 1st/pari-passu charge on current assets (×41), Personal Guarantee Of Promoters / Directors / Property Owner (×25), FD margin 10–15% (×13), Movable Fixed Assets/Plant & Machinery - Pari Passu First Charge (×6) - share → in-principle approval (initial interest): ≈8d - in-principle approval → sanction (underwriting): ≈34d - sanction → disburse (closing): ≈2d ## Sanctioned terms (from 3 real sanction letters) ### Sanctioned amount: median ₹15 cr (₹15 cr–₹21.6 cr) · NEW ×1 - median ₹15 cr (₹15 cr–₹21.6 cr) · NEW ×1 ### Typical security: Hypothecated Properties ×1, Hypothecation ×1, All present and future assets — cashflows, fixed & current assets, inventory, receivables, rental deposits, intangible assets (brand & IP), uncalled share capital ×1, Fixed and current assets including IP and Brand ×1, Current assets and fixed assets including intangibles, tangibles, IP ×1 - Hypothecated Properties ×1, Hypothecation ×1, All present and future assets — cashflows, fixed & current assets, inventory, receivables, rental deposits, intangible assets (brand & IP), uncalled share capital ×1, Fixed and current assets including IP and Brand ×1, Current assets and fixed assets including intangibles, tangibles, IP ×1 ### Typical covenants: - Other standing covenants — 100% of letters (e.g. "Alteria Capital and the Borrower shall, if required, enter into a pari-passu agreement defining the rights and obligations of the parties …") - Other standing covenants — 100% of letters (e.g. "Alteria Capital and the Borrower shall, if required, enter into a pari-passu agreement defining the rights and obligations of the parties …") ### Term sheet by ticket size: (facilities, largest first) - (facilities, largest first) ## Common questions ### What does RevX Advisors lend? RevX Advisors writes operating lease, overdraft / cash credit, purchase invoice discounting, sales invoice discounting, secured term loan, venture debt and 1 further products. Across those, observed facilities run ₹2 cr to ₹50 cr. ### What ticket size does RevX Advisors offer? Facilities observed on live transactions run from ₹2 cr to ₹50 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for. ### What rate does RevX Advisors charge? Rates observed on live transactions fall between 14% and 17% a year. Tenures run 18 to 24 months. These are observed figures, not a quote, and the rate you are offered depends on your file. ### How long does RevX Advisors take to disburse? About 71 days from application to disbursal at the median, where the file is complete. Missing financials, unresolved security or a pending no-objection from an existing lender are what usually stretch it. ### What are RevX Advisors'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. --- Check which lenders fund a business like yours: https://www.recurclub.com/recur-market All lenders: https://www.recurclub.com/lenders 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 RevX Advisors's current policy.