CIMB Singapore has taken the lead in forming the SME Resilience Circle with CrediLinq, KPay and Singlife to broaden entry to smarter, extra versatile working capital for SMEs in Singapore and throughout the area.

The Circle goals to assist SMEs construct resilience, help development and enhance long run sustainability whereas managing rising prices, digital disruption and evolving buyer behaviour.

The initiative was formalised by way of separate MOUs between CIMB Singapore and every associate.

CrediLinq contributes AI pushed credit score underwriting to help extra correct danger evaluation, whereas KPay connects service provider cost knowledge to financing to assist smaller companies entry credit score extra simply.

Singlife provides safety and enterprise continuity options to strengthen the broader help ecosystem for SMEs.

The collaboration will allow no less than 30,000 current retailers inside the companions’ networks to entry knowledge pushed, efficiency linked financing options.

The Circle additionally plans to usher in extra ecosystem companions over time to broaden accessible help.

A key function of the partnership is CIMB FlexiPay, an revolutionary pay as you earn mortgage launched in August 2025 that hyperlinks repayments to an organization’s day by day income.

Repayments are mechanically deducted from day by day deposits primarily based on a specific holdback fee, which determines the portion of income allotted to the mortgage.

Companies pay a single upfront payment, repay solely on days they earn and pay nothing on days they don’t.

There are not any curiosity prices, late charges or prepayment penalties, and the complete course of is totally digital.

“CIMB Singapore is proud to steer the SME Resilience Circle as a part of our continued dedication to advance clients and society.

By way of monetary options like CIMB FlexiPay, we goal to make it less complicated and sooner for SMEs to handle their cashflow and reinvest in development, supporting not simply enterprise continuity, however competitiveness for the longer term,”

mentioned Benjamin Tan, Head of Business & Transaction Banking, CIMB Singapore.

“SME resilience is greater than financing. It’s about constructing the arrogance to take dangers, develop sustainably, and safeguard what issues.

Singlife is proud to associate with CIMB Singapore to help a extra holistic ecosystem for enterprise continuity and safety. When SMEs are financially safe and supported, the complete economic system turns into stronger,”

mentioned Sandeep Nair, Head of Gross sales, Singlife.

Featured picture: [From left] Vikram Kotibhaskar, Co-Founder, CredilLinq.ai; Adam Lim, Head of Business Banking Product and Technique, CIMB Singapore; Mervyn Ng, Head of Bancassurance Partnerships & Gross sales, Singlife; and Christopher Yu, President and Chief Monetary Officer, KPay