Apply online, and we’ll look at your latest financial info to give you a decision right away.
Offered under the Enhanced Enterprise Financing Scheme, announced in Budget 2020.
We'll give you a comprehensive breakdown of your cost of capital what you need to evaluate potential loan offers.
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.
Multiply
Bank
P2P, other lenders
Medium
Low
High
Low
Low, hidden fees
High
✌ Not Required
Home, car, etc.
Typically none
Within 24 hours
Weeks
Days
SMEs
Large, established company
Depends
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.
Unsecured Micro Loan
Asset-Based Loan
Account Receivable Financing
S$ 5K to S$ 100K
S$ 100K to S$ 5M
Facility Limit from S$500. Advance up to 90%
1-12 Months
Up to 5 years
Depending on Invoices
7% effective per annum
6.5% per annum
1.5% of invoice value
✌ Not Required
Residential, Commercial or Industrial Property
✌ Not Required
Working Capital,
Cashflow,
Marketing
Long Term Projects,
Structured Contracts,
General Capital Injection
Advance Invoices,
Pay Suppliers,
New Projects Opportunities