CIMB BizAssist-i (CIMB BizGrow-ESG-i – Working Capital Financing) is a SME Working Capital Financing jointly offered by Enterprise Singapore under Enterprise Financing Scheme (EFS) to help local small businesses gain unsecured working capital financing for daily operational cashflow needs. Find out more about EFS here.

Features & Benefits

Term Financing-i
Financing amount up to S$500,000
Maximum Financing Tenure
Financing Profit Rate
Collateral

How to Apply

 

Arrange for a callback. A CIMB representative will get back to you within 1 working day.

 

 

Upon completion, submit your application form to sg.commercialbanking@cimb.com

 

 

Eligibility

 

  • Be a business entity that is registered and physically present in Singapore
  • At least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership
  • Has Group Annual Sales Turnover of not more than S$500 million
  • For "SME Working Capital", the SME definition refers to Group revenue of up to S$100 million or maximum employment of 200 employees

 

*Customer Group consists of the following:

  1. Applicant company; and
  2. Corporate shareholders holding more than 50% shareholding at all levels up; and
  3. Subsidiaries where the Applicant Company holds more than 50% shareholding and any subsequent subsidiaries all levels down; and
  4. Subsidiaries where the Applicant's Ultimate Parent Company holds more than 50% shareholdings and their subsidiaries at all levels down.