What does Unity Small lend?

Unity Small writes cgtmsme term loan, operating lease, overdraft / cash credit, purchase invoice discounting, sales invoice discounting, secured term loan and 2 further products. Across those, observed facilities run ₹5 cr to ₹20 cr.

What ticket size does Unity Small offer?

Facilities observed on live transactions run from ₹5 cr to ₹20 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.

What rate does Unity Small charge?

Rates observed on live transactions fall between 13% and 16% a year. Tenures run 24 to 24 months. These are observed figures, not a quote, and the rate you are offered depends on your file.

How long does Unity Small take to disburse?

About 172 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 Unity Small'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.

Lender profile

Unity Small business loans

Unity Small is on Recur Club's lender panel, writing cgtmsme term loan, operating lease, overdraft / cash credit and 5 other products. Observed tickets run ₹5 cr to ₹20 cr, priced between 13% and 16%. Median turnaround from application to disbursal is about 172 days.

✓Tickets from ₹5 Cr – ₹20 Cr across 8 products
✓Indicative pricing 13% – 16%, as quoted on live transactions
✓Around 172 days from application to disbursal when the file is clean
✓We check your fit against every lender on the panel, not just this one

Check your fit →See a typical term sheet

Products live

₹51L

Median sanction

172

Days median turnaround

Sanction letters read

— The screen your file has to clear

The screen your file has to clear

What is checked before anything else, and applies to every product below.

Rejects

Now only doing secured lending
Solar EPC companies did not pass through their credit system
Won't fund loss-making companies backed only by marquee-investor equity raised in the last 6 months, unless warrants are attached
Negative on textile sector - e.g. 3fate not keen, Zyod mostly will not do

22 more ▾

Will not do Neokred - poor feedback received in reference check
Sector agnostic except negative sectors — won't fund Gaming, deeptech, web3, cryptocurrency
Won't fund EPC
Will not be able to move forward until UB takes a commercial call on the covenant breach situation
SFBs cannot do acquisition finance
A second charge on assets is not acceptable
Couldn't make a case for a 3-year loan given stretched receivables and questionable security cover
Won't do tenors of more than 36 months
Now only doing secured lending (×1
latest )
Solar EPC companies did not pass through their credit system [×1
latest ]
Won't fund loss-making companies backed only by marquee-investor equity raised in the last 6 months, unless warrants are attached (×1
latest )
Negative on textile sector - e.g. 3fate not keen, Zyod mostly will not do (×1
latest )
Will not do Neokred - poor feedback received in reference check (×1
latest )
Sector agnostic except negative sectors — won't fund Gaming, deeptech, web3, cryptocurrency (×1
latest )
Won't fund EPC (×1
latest )

Wins

Can do unsecured lending at the dealer/vendor level
Focus sectors: manufacturing (e.g. Kimbal), B2B logistics with good cash flows, and mobility models like Carrum Mobility and Alt Mobility (recently topped up both)
Keen to do a top-up for Smytten
Focusing on larger ticket sizes due to P&L pressure

11 more ▾

Sector focus for asset financing: B2B logistics and EVs
…more in playbook
Can do unsecured lending at the dealer/vendor level
Focus sectors: manufacturing (e.g. Kimbal), B2B logistics with good cash flows, and mobility models like Carrum Mobility and Alt Mobility (recently topped up both)
Keen to do a top-up for Smytten
Focusing on larger ticket sizes due to P&L pressure
Sector focus for asset financing: B2B logistics and EVs
Currently focused on SMEs and profitable startups, or startups expecting profitability within 12 months
Can do term loan or WCDL, but focus is on WCDL over term loan
Not too keen on OEMs or Project Finance
Financial institutions segment can look at Housing finance and gold loan companies

Behaviour & gates

Borrower: age ≥2y
CIBIL ≥650
avoid: Gambling and Betting, Lottery Business
pan-India
Private Limited, Public
Financials: runway ≥12mo

20 more ▾

rev ≥₹40cr
TOL/adjusted tangible net worth ≤5
debt/EBITDA ≤4
networth ≥₹15cr
debt/networth ≤4
DSCR ≥1
Deal: rate 11.5–16% (range across products — see matrix)
ticket ₹5–40cr
tenure 12–36mo (range across products — see matrix)
no PEP
Security (observed): 1st/pari-passu charge on current assets (100%)
FD margin 10–15% (93%)
Personal Guarantee Of Promoters / Directors / Property Owner (73%)
median ticket ₹10cr
median rate 13%
median turnaround 172d
Security asked in : Fixed Deposit <5% (×2), FD margin 5–10% (×2), FD margin 10–15% (×2), FD margin 15–20% (×2)
Security asked in : 1st/pari-passu charge on current assets (×14), Personal Guarantee Of Promoters/Directors (×10), FD margin 10–15% (×9), FD margin 5–10% (×7)
Security asked in 2026: 1st/pari-passu charge on current assets (×15), FD margin 10–15% (×14), Personal Guarantee Of Promoters / Directors / Property Owner (×11), 1st charge on P&M (×4)
share → in-principle approval (initial interest): ≈20d

— Products & indicative terms

What Unity Small lends, and on what terms

What has actually been offered on live transactions, not brochure numbers. Treat them as the band you are likely to be quoted inside, not a promise. Open a row for that product's credit box.

Product	Ticket	Pricing	Tenure
Secured Term Loan▾▴ Turnaround ~276d Rejects Negative sectors: Gambling and Betting, Lottery Business Wins Director overdue: 0.001 INR Cr States: pan-India Company types: Private Limited, Public Min company age (yr): 2 Years 12 more ▾ ▴ Director CIBIL: 650 Min Runway: 12 Months Min revenue (₹cr): 40 Debt / EBITDA: 4 Min Networth: 15 INR Cr Debt / Net worth: 4 Debt Service Coverage Ratio: 1 Offered terms (past deals): rate 15–15.5–16% ₹5–5–5 Cr 24–24–24 mo Turnaround: ≈276 days (share→disburse) Asks for Debt schedule / sanction letters (×1) — e.g. Requested to share the Axis sanction letter Behaviour & gates Min tenure (mo): 12 Months Min ticket (₹cr): 5 Max tenure (mo): 36 Months Min rate (%): 13 Politically Exposed Person: No Max ticket (₹cr): 40 26 more ▾ ▴ Security required: ['Fixed Deposit 5 - 10%', 'Charge On Movable Fixed Assets/Plant & Machinery - Exclusive First Charge'], ['Fixed Deposit 5 - 10%', 'Charge on Immovable Fixed Assets - Exclusive First Charge'] Max rate (%): 16 rate — stated 13–16%, actually offered 15–16% → within stated band Amount — stated 5–40 Cr, actually offered 5–5 Cr → within stated band Tenure — stated 12–36 mo, actually offered 24–24 mo → within stated band SFBs cannot do acquisition finance (×1 latest ) A second charge on assets is not acceptable (×1 latest ) Won't do tenors of more than 36 months (×1 latest ) Can explore WLDD as a co-borrower (×1 latest ) Co-borrower structure also works (×1 latest ) Working capital debt can be done (×1 latest ) Open to evaluating a pari passu arrangement if available (×1 latest ) Not too keen on the deal, reason to be understood (×1 latest ) Awaiting Niraj's confirmation to proceed; he wants to discuss the transaction with the CBO before data request is shared Customer is an existing bank client and the relationship manager is already engaged with them regarding a top-up loan request Not very positive on the sector; needs to get into details to understand the business Case passed to private credit team; feedback expected by 27.11 Deal process: conduct the first call internally, resolve all questions via shared underwriting/due-diligence notes, escalate unanswered items internally, hold off on company calls, and only introduce the lender to the company once near-certain a term sheet will follow (unless major issues surface on…	₹5 cr	15–16%	24 mo
Venture Debt▾▴ Turnaround ~69d Behaviour & gates Offered terms (past deals): rate 13–13–13% ₹20–20–20 Cr 24–24–24 mo Turnaround: ≈69 days (share→disburse) Keen on exploring further and keen on the sector, having earlier looked at comparable company Probus (×1 latest ) 1 more ▾ ▴ Lender interested; Adil to connect with Pratikraj at lender for next steps	₹20 cr	13%	24 mo

Also offered, with no terms observed yet: Cgtmsme Term Loan, Operating Lease, Overdraft / Cash Credit, Purchase Invoice Discounting, Sales Invoice Discounting, Working Capital Demand Loan.

— Typical term sheet

What a sanction from Unity Small actually looks like

Reconstructed from real sanction letters. Small samples, so read them as observed rather than as a rule.

Specimen sanction

Representative of the median file. Your actual terms will move with rating, security cover and relationship.

Indicative

How often each clause appears

Share of the 21 sanction letters carrying the clause.

Other standing covenants43%

— Security & covenants

What they will ask you to pledge

Counted across the sanction letters read. A combination is normal, and most files carry more than one.

Fixed Deposit4 letters
Demand Promissory Note and Letter of Continuity4 letters
Demand Promissory Note1 letters
Current assets and movable fixed assets (hypothecation)1 letters
Current Assets1 letters
Fixed Deposit / Security Deposit1 letters

Fixed Deposit ×4, Demand Promissory Note and Letter of Continuity ×4, Demand Promissory Note ×1, Current assets and movable fixed assets (hypothecation) ×1, Current Assets ×1, Fixed Deposit / Security Deposit ×1

— Common questions

What borrowers ask about Unity Small

What does Unity Small lend?: Unity Small writes cgtmsme term loan, operating lease, overdraft / cash credit, purchase invoice discounting, sales invoice discounting, secured term loan and 2 further products. Across those, observed facilities run ₹5 cr to ₹20 cr.
What ticket size does Unity Small offer?: Facilities observed on live transactions run from ₹5 cr to ₹20 cr. The band differs by product, so the figure that applies to you depends on which facility you are asking for.
What rate does Unity Small charge?: Rates observed on live transactions fall between 13% and 16% a year. Tenures run 24 to 24 months. These are observed figures, not a quote, and the rate you are offered depends on your file.
How long does Unity Small take to disburse?: About 172 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 Unity Small'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.

Next steps after Unity Small

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Last updated 29 September 2026

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 Unity Small's current policy. Terms are set by the lender at the time of sanction.