CIMB Singapore Introduces CIMB FlexiPay: An Innovative Revenue-Based Loan for Small and Medium Enterprises

Launch of CIMB FlexiPay: CIMB Singapore has introduced CIMB FlexiPay, a digital "pay-as-you-earn" loan tailored for small and medium-sized enterprises (SMEs), linking repayments to daily revenue.

Cash Flow Management: The loan addresses cash flow challenges faced by SMEs, allowing them to repay only when they earn, with no repayments required on days without revenue.

Key Features: CIMB FlexiPay offers revenue-linked repayments, a single upfront fee with no interest or late fees, and a fully digital application process without physical documentation.

CIMB's Commitment: This initiative reflects CIMB's dedication to rethinking traditional banking practices and providing flexible financing solutions that adapt to the realities of SME cash flow.