Why Multiply

Your business is our business

Online Application, Fast Approval

Apply online, and we’ll look at your latest financial info to give you a decision right away.

Affordable, with ESG risk sharing schemes

Offered under the Enhanced Enterprise Financing Scheme, announced in Budget 2020.

Transparent pricing, no hidden fees

We'll give you a comprehensive breakdown of your cost of capital what you need to evaluate potential loan offers.

Our Clients

Needs a smaller loan with more flexible terms

May not meet strict bank criteria

May be smaller, or younger than bank prefers

Finds alternative lenders too expensive

Receive the funding from a bank takes weeks on average. You’ve got better things to do. You can apply with Multiply Capital in as little as 5 minutes, and receive a decision as soon as the same day.

Unlike most online lenders that are typically P2P or crowdfunding lenders, Multiply Capital is a subsidiary of IFS Capital Limited group. Because of this, we fully own the capital we lend and are thus able to to quickly process and disburse loans at a reasonable price. And our amounts and repayment term can be set to your needs.

Our Product

Multiply

Bank

P2P, other lenders

Interest rate

Medium

Low

High

Fee

Low

Low, hidden fees

High

Collateral

✌ Not Required

Home, car, etc.

Typically none

Processing time

Within 24 hours

Weeks

Days

Borrower's profile

SMEs

Large, established company

Depends

What Multiply Provides

We offer several types of financing options, including a working capital loan, invoice financing and factoring. SMEs looking to borrow money should compare Multiply's products based on how much they need, what they're willing to pay in interest and the time frame they plan to pay the loan back.

Our Product

Unsecured Micro Loan

Asset-Based Loan

Account Receivable Financing

Amount

S$ 5K to S$ 100K

S$ 100K to S$ 5M

Facility Limit from S$500. Advance up to 90%

Tenure

1-12 Months

Up to 5 years

Depending on Invoices

Fee

7% effective per annum

6.5% per annum

1.5% of invoice value

Collateral

✌ Not Required

Residential, Commercial or Industrial Property

✌ Not Required

Purpose

Working Capital,
Cashflow,
Marketing

Long Term Projects,
Structured Contracts,
General Capital Injection

Advance Invoices,
Pay Suppliers,
New Projects Opportunities