Multiply is a digital lender that serves micro and small businesses, with loans as small as $1000, going up to $50,000.
As a participating Financial Institute (FI) under Enterprise Singapore’s Enterprise Financing Scheme (EFS), Multiply has been providing affordable and accessible financing with a focus on fee transparency.
Multiply never charges any platform or early repayment fees. Multiply is a product of IFS Capital Limited, a regional financial institution listed on the Singapore Exchange since 1987.
foodpanda Restaurant Partner Benefits:
Up to $50,000 unsecured loan for your restaurants
Up to 12 months term
Facility fee: one-time flat fee starting at 1% of loan amount
Interest: starting from 0.6% monthly.
Repayment: flexible weekly or monthly GIRO