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Questions about GrabFinance?

When you’re considering financing your business, you need to feel comfortable you’re making the right decision. You’ll find answers to common questions here. If you still have queries, get in touch so we can find a funding solution that meets your business needs.

GrabFinance is a division of Grab, focused on helping SMEs across Southeast Asia get started, grow and thrive. We know that running your own business is hard work and it’s easy to lose sight of your big dreams when you’re focused on the day to day. That’s why we’re here to help with flexible, affordable funding options and tips, tricks, insights and tools to take your business from strength to strength.

We offer two kinds of funding to SMEs in Singapore:

A business loan, and

A merchant credit line

That depends on what you need funding for. We offer three different streams of business funding to suit your needs.

If you’re looking for a quick cash investment to take advantage of a limited-time opportunity, redesign your website, boost your cashflow or anything else for your business, a GrabFinance Business Loan may be right for you, offering up to $100,000 over 9 months.

If you need ongoing access to short-term funding, a GrabFinance Merchant Credit Line might be more up your alley. With a pre-approved line of credit available, you can drawdown funds to your bank account when you need to, up to your limit.

To be eligible for a GrabFinance Business Loan or Merchant Credit Line, you’ll need to be:

• A limited liability partnership or company,

• In operation for at least 6 months,

• At least 30% owned by a Singapore citizen or PR, and

• Fewer than 200 staff.

Unfortunately, sole proprietors are generally not eligible for GrabFinance loans or lines of credit. However, we understand that funding is still important to grow your business so, if you’re a GrabFood or GrabPay partner registered with ACRA, do reach out to us

To complete your application, we’ll need a copy of your:

• Identification card or passport,

• Business registration documents,

• Recent financial statements, and

• Information about your director or head of operations.

Get in touch and we can chat to see if you’re eligible for a second business loan.

It can take up to five business days for us to review and approve your completed application and supporting documents. Once accepted, you’ll receive your funds in just a couple of days.

There’s no application or repayment fee. Just:

Monthly interest: As low as 0.9%, computed on a reducing balance basis.

Disbursal fee: Up to 5% of the loan amount.

Late fee: Up to 4%, depending on the agreed interest rate.  

Repayments will be automatically deducted from your bank account at the end of each month.


We’re sorry to hear that. You can apply again after 6 months. Just complete the form when you’re ready and one of our team will get in touch.

Business loan

Simply put, anything you need! You can meet your immediate business needs, better manage your cashflow, upgrade your offices or technology, hire freelancers or pay employees, redesign your website, launch marketing campaigns – your opportunities are endless.

Depending on your business, you can borrow up to $100,000 over 9 months for your business.

Merchant Credit Line

Simply submit a request and we’ll transfer the funds to your bank account. Drawdowns are disbursed every Tuesday and Thursday.

Of course. So long as you haven’t reached your Merchant Credit Line limit, you can draw down as often as you need.

You can be pre-approved for up to $100,000, depending on your business, so you can draw down as little or as much as you need, when you need it.

This information is intended as a guide only and does not constitute a loan application or offer of finance. Any finance or loan request is subject to Grab’s internal assessment, standard disclaimers and terms and conditions.

See full terms and conditions

Why Partner with Us?


When you start a small business, you’ve got big dreams. And GrabFinance is here to help. We’re committed to empowering SMEs across Southeast Asia with funding, tools and insights so they can reach their goals, no matter what they are.

Have a question? Check out our FAQs

Want to chat?

Complete our form and we’ll be in touch to talk about your business funding needs.

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Komsan Chiyadis

GrabFood delivery-partner, Thailand

Komsan Chiyadis

GrabFood delivery-partner, Thailand

COVID-19 has dealt an unprecedented blow to the tourism industry, affecting the livelihoods of millions of workers. One of them was Komsan, an assistant chef in a luxury hotel based in the Srinakarin area.

As the number of tourists at the hotel plunged, he decided to sign up as a GrabFood delivery-partner to earn an alternative income. Soon after, the hotel ceased operations.

Komsan has viewed this change through an optimistic lens, calling it the perfect opportunity for him to embark on a fresh journey after his previous job. Aside from GrabFood deliveries, he now also picks up GrabExpress jobs. It can get tiring, having to shuttle between different locations, but Komsan finds it exciting. And mostly, he’s glad to get his income back on track.