# Uti Alternatives business loans

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

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

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

## Eligibility

### Screening gates and observed behaviour

- Borrower: CIBIL ≥650 · avoid: Mining Companies · pan-India
- Financials: TOL/adjusted tangible net worth ≤5 · debt/EBITDA ≤4 · debt/networth ≤4 · DSCR ≥1
- Deal: rate 15–18% · ticket ₹20–150cr · tenure 12–60mo · no PEP
- Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%) · 1st charge on P&M (100%) · share pledge ≤51% (50%) · Escrow Of Cashflows (50%) · 1st/pari-passu charge on current assets (50%) · 1st charge on immovable assets (50%)
- Security asked in : Commercial/Office Property/Factory Building - Exclusive First Charge (×1)
- Security asked in : 1st charge on immovable assets (×1), 1st/pari-passu charge on current assets (×1), Personal Guarantee Of Promoters/Directors (×1)
- Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×2), 1st charge on P&M (×2), share pledge ≤51% (×1), Escrow Of Cashflows (×1)
- share → in-principle approval (initial interest): ≈35d

## Common questions

### What does Uti Alternatives lend?

Uti Alternatives writes secured term loan.

### What are Uti Alternatives'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 Uti Alternatives ask for?

Observed across sanctions: Personal Guarantee Of Promoters / Directors / Property Owner (100%) · 1st charge on P&M (100%) · share pledge ≤51% (50%) · Escrow Of Cashflows (50%) · 1st/pari-passu charge on current assets (50%) · 1st charge on immovable assets (50%).

### What documents does Uti Alternatives ask for?

Most often debt schedule / sanction letters. Having these ready before the first call is what shortens the turnaround.

### How do I apply to Uti Alternatives?

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

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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 Uti Alternatives's current policy.