For Reddit Employees
Get liquidity,
keep every share.
A line of credit secured by your vested and mature Reddit shares.
Limited time offer
Lock in a lower interest rate on your first $35,000
Pay an introductory interest rate of just SOFR* + 3% when you draw by July 15, 2023.
Get Started
1
Open a line of credit with no obligation or fees
2
Draw funds whenever you want
3
Pay us back when your loan matures or your equity becomes liquid, whichever happens first
The accessible & affordable liquidity option
Provider
Equity Fee
Draw Fee
Interest
Collateral
Multiply
0%
2.5%
7%
plus SOFR floating rate*
Your equity is the only collateral.
Others
10-45%
4%+
?
Rates are not publicly disclosed. We wonder why?
Collateral and recourse options vary. Check your contract very carefully.
* SOFR is an industry benchmark that tracks interest rates in the economy. The rate we use is the three month term SOFR published by CME Group. Our three month term SOFR rate for May is 5.08%.
What can you use Multiply for?
Buy a house
Take a vacation
Start a renovation
Pay off other loans
Exercise options
Diversify investment
Plan your wedding
Day-to-day spending
Or nearly anything else. Let us provide you with the funds you need to do what you want to do, from a down payment on your dream home to a vacation to relax and recharge.
Get started today
Multiply is available to all Reddit employees
with vested, exercised, and mature shares.
Free to open with no obligation to borrow.
No credit checks or reporting.
No personal risk related to company performance. Your stock is the only collateral.
Use the cash for nearly anything.
