# Shine Star business loans

> Shine Star is on Recur Club's lender panel, writing loan against property, secured term loan.

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

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

## Eligibility

### Screening gates and observed behaviour

- Borrower: CIBIL ≥650 · age ≥2y · avoid: Financial Services, Banking, Insurance, Gems and Jewellery, Lottery Business, Trading · Private Limited, Public, Limited Liability Partner
- Financials: rev ≥₹75cr · TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · debt/networth ≤4 · DSCR ≥1
- Deal: rate 16–22% · ticket ₹15–200cr · tenure 12–24mo
- Security (observed): FD margin 20–30% (100%) · Corporate Guarantee (100%) · 1st/pari-passu charge on current assets (100%) · FD margin 15–20% (100%) · 1st charge on immovable assets (100%) · Personal Guarantee Of Promoters/Directors (100%)
- Security asked in : 1st/pari-passu charge on current assets (×1), Fixed Deposit <5% (×1), FD margin 5–10% (×1), FD margin 10–15% (×1)
- Security asked in : FD margin 20–30% (×1), Corporate Guarantee (×1), 1st/pari-passu charge on current assets (×1), FD margin 15–20% (×1)

## Common questions

### What does Shine Star lend?

Shine Star writes loan against property, secured term loan.

### What are Shine Star'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 Shine Star ask for?

Observed across sanctions: FD margin 20–30% (100%) · Corporate Guarantee (100%) · 1st/pari-passu charge on current assets (100%) · FD margin 15–20% (100%) · 1st charge on immovable assets (100%) · Personal Guarantee Of Promoters/Directors (100%).

### How do I apply to Shine Star?

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

### Is Shine Star 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 Shine Star 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 Shine Star's current policy.