CIMB Singapore and Frasers Property Power SME Growth
CIMB Singapore and Frasers Property have entered a five-year partnership aimed at strengthening Singapore’s retail ecosystem and supporting over 2,000 small and medium-sized enterprises across 12 Frasers Property malls.
The collaboration will provide tenants with access to exclusive financial products, preferential rates, and Singapore’s first «pay-as-you-earn» SME loan – a flexible financing model directly linked to daily business revenue.
Participating tenants will also benefit from complimentary payment terminals and free account setup, translating into first-year savings of up to S$7,360 and ongoing annual savings of S$6,360 thereafter. The two organisations aim to generate nearly S$3.7 million in combined cost savings for about 500 SMEs within the first two years of the partnership.
Singapore’s First «Pay-as-You-Earn» SME Loan
At the heart of the initiative is CIMB FlexiPay – Singapore’s first «pay-as-you-earn» SME loan. Repayments are tied to actual daily revenues, meaning businesses only make payments when they earn. No repayment is required on zero-revenue days, offering SMEs flexibility to manage cash flow in real time.
Frasers Property’s tenants gain exclusive access to this first-to-market solution, designed to enhance liquidity and business resilience.
In addition, CIMB BizGrow provides a collateral-free working capital loan with preferential rates to support short-term operational needs such as rent, payroll, and utilities.
Tenants also enjoy waived fees for payment terminals and account setup, alongside unlimited free PayNow, FAST, and GIRO transactions – a comprehensive financial suite that reduces costs and streamlines day-to-day operations.
Future-Ready Retail Ecosystem
«SMEs are the heartbeat of Singapore’s economy, and supporting their growth is vital to driving innovation and resilience,» said Benjamin Tan, Head of Commercial and Transaction Banking at CIMB Singapore. «Through this partnership, we are using real retail insights to design smarter, flexible solutions that evolve with our clients. This collaboration reflects CIMB’s commitment to go beyond banking to empower businesses and strengthen communities.»
Adrian Tan, Managing Director of Retail at Frasers Property Singapore, added: «As Singapore’s largest suburban mall owner with a network of over 2,000 tenants, our partnership with CIMB will deliver greater value to SMEs through tailored financial solutions and community initiatives that create lasting impact».
Towards a More Connected Future
By combining financial innovation with social purpose, CIMB Singapore and Frasers Property are redefining what retail partnerships can achieve.
Their joint effort strengthens business resilience, supports inclusive growth, and fosters vibrant communities – setting a new benchmark for how financial institutions and real estate developers can co-create value in Singapore’s evolving retail landscape.
