CIMB Singapore has taken the lead in forming the SME Resilience Circle, a collaborative initiative with CrediLinq, KPay and Singlife to boost the resilience, growth, and long-term sustainability of small and medium-sized enterprises SMEs in Singapore and across the region. It aims to further include other ecosystem partners to help SMEs address key challenges faced today such as rising costs, digital disruption, and evolving customer behaviour.
Marked by the Memorandum of Understanding MOU signed on 19 November 2025 between CIMB Singapore and each partner, the collaboration will enable at least 30,000 existing retailers in their networks to access data-driven, performance-linked financing solutions.
At the heart of this collaboration is CIMB FlexiPay, an innovative pay-as-you-earn loan launched in August 2025 to offer SMEs smarter and more flexible access to working capital. Repayments are automatically linked to a business daily revenue, allowing companies to pay only when they earn, and nothing on days when they do not. Businesses pay a single upfront fee, with no interest, prepayment penalties, or late fees, through a fully digital process.