CIMB Singapore has taken the lead in forming the SME Resilience Circle with CrediLinq, KPay and Singlife to expand access to smarter, more flexible working capital for SMEs in Singapore and across the region.

The Circle aims to help SMEs build resilience, support growth and improve long term sustainability while managing rising costs, digital disruption and evolving customer behaviour.

The initiative was formalised through separate MOUs between CIMB Singapore and each partner.

CrediLinq contributes AI driven credit underwriting to support more accurate risk assessment, while KPay connects merchant payment data to financing to help smaller businesses access credit more easily.

Singlife adds protection and business continuity solutions to strengthen the wider support ecosystem for SMEs.

The collaboration will enable at least 30,000 existing retailers within the partners’ networks to access data driven, performance linked financing solutions.

The Circle also plans to bring in additional ecosystem partners over time to broaden available support.

A key feature of the partnership is CIMB FlexiPay, an innovative pay as you earn loan launched in August 2025 that links repayments to a company’s daily revenue.

Repayments are automatically deducted from daily deposits based on a selected holdback rate, which determines the portion of revenue allocated to the loan.

Businesses pay a single upfront fee, repay only on days they earn and pay nothing on days they do not.

There are no interest charges, late fees or prepayment penalties, and the entire process is fully digital.

“CIMB Singapore is proud to lead the SME Resilience Circle as part of our continued commitment to advance customers and society.

Through financial solutions like CIMB FlexiPay, we aim to make it simpler and faster for SMEs to manage their cashflow and reinvest in growth, supporting not just business continuity, but competitiveness for the future,”

said Benjamin Tan, Head of Commercial & Transaction Banking, CIMB Singapore.

“SME resilience is more than financing. It’s about building the confidence to take risks, grow sustainably, and safeguard what matters.

Singlife is proud to partner with CIMB Singapore to support a more holistic ecosystem for business continuity and protection. When SMEs are financially secure and supported, the entire economy becomes stronger,”

said Sandeep Nair, Head of Sales, Singlife.

Featured image: [From left] Vikram Kotibhaskar, Co-Founder, CredilLinq.ai; Adam Lim, Head of Commercial Banking Product and Strategy, CIMB Singapore; Mervyn Ng, Head of Bancassurance Partnerships & Sales, Singlife; and Christopher Yu, President and Chief Financial Officer, KPay