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Terms & ConditionsAnnual Interest Rate
Max Loan Amount
Processing Fee
Monthly Repayment
Apply NowCIMB working capital loan is designed to provide flexible and accessible financing solutions for businesses looking to manage their working capital needs. With an interest rate of 6.5% per annum, this loan offers competitive terms without the burden of an annual fee or lock-in period, making it an ideal choice for businesses seeking short to medium-term funding.
The loan can be used for various business purposes, including managing cash flow, purchasing inventory or funding operational expenses. The maximum loan amount is S$300,000, providing businesses with a substantial amount of financial support to meet their capital requirements. Additionally, the loan’s flexible tenure of up to 5 years allows businesses to select a repayment schedule that suits their financial capabilities.
One of the key advantages of the CIMB working capital loan is its relatively low processing fee, ranging from 1% to 2% and the absence of a lock-in period, allowing businesses to repay the loan at their own pace without penalty for early settlement. With no minimum income requirement and a low turnover threshold of S$750,000, this loan is accessible to a wide range of businesses, including those in their early stages.
Competitive Interest Rate
CIMB ’s working capital loan offers an annual interest rate of 6.5%, providing businesses with a relatively low cost of borrowing compared to other financing options. This fixed interest rate ensures predictability in repayment, allowing businesses to plan their finances more effectively.
Loan Amount & Repayment Terms
The loan allows for a maximum loan amount of S$300,000, which can be used to meet various operational needs. With a tenure of up to 5 years, businesses have the flexibility to choose a repayment plan that aligns with their cash flow situation. This flexibility makes it a viable option for businesses of different sizes and stages.
Eligibility Requirements
CIMB working capital loan is accessible to businesses with a minimum annual turnover of S$750,000 and at least 3 years of incorporation. These relatively lenient requirements make it suitable for established small to medium-sized enterprises (SMEs) looking for quick access to capital without being restricted by overly stringent eligibility criteria.
Penalty-Free Flexibility
One of the standout features of the CIMB working capital loan is the absence of penalty fees, allowing businesses to manage their loan repayments without the fear of incurring extra charges for late payments. This makes it an ideal choice for businesses seeking to minimize unforeseen financial burdens.
| Lender | Annual Interest Rate | Processing Fee | Annual Fee | Monthly Repayment |
|---|---|---|---|---|
| Anext | 7%-10% | 1% or S$200 | No | $2,970.18 |
| DBS | 7% | 1% | No | $2,970.18 |
| Maybank | 7%-10% | 1-2% | No | $2,970.18 |
| OCBC | 7% | 1-2% | No | $2,970.18 |
| Orix | 8.5 % | 1-2% | No | $3,077.48 |
| Ethoz | 7-10% | 1.25% | One time off $1,500 Commitement Fee | $2,970.18 |
| Funding Societies | 9.6 % | 4% | No | $3,157.61 |
| SCB | 9.00 % | 1-3% | $288 | $3,113.75 |
* Rates Updated 12 Jan 2026 - Loan Amount Example S$150,000 In 5 Years
To apply for CIMB ’s working capital loan, visit the ROSHI marketplace and follow the provided link to CIMB ’s application page. The online application process is simple and allows businesses to apply for the loan conveniently.
The application requires some essential business documentation to verify the applicant’s eligibility. CIMB will need the following documents:
– Business registration details (e.g., Certificate of Incorporation)
– Audited financial statements for the last 2 years
– Proof of business turnover (e.g., tax statements or financial reports)
– Any other documentation required by CIMB for loan processing
By submitting these documents, businesses can speed up the approval process.
Upon submission of all required documents, CIMB will review the application. Businesses can expect a response within a few business days regarding the status of their loan application. The approval process is straightforward, with no hidden fees or complicated steps.
Once approved, the loan amount will be disbursed within a few business days. CIMB ensures a smooth and quick process, allowing businesses to receive their funds promptly to meet operational needs.
After approval, businesses will receive a loan agreement to review and sign. This can be done digitally, making the process more efficient. Upon signing the agreement, the funds will be transferred to the business’s designated account and the loan term begins.
CIMB’s working capital loan offers a competitive interest rate of 6.5% per annum, which provides businesses with affordable financing options compared to other loans in the market.
One of the key advantages of this loan is the absence of an annual fee, making it a cost-effective option for businesses without the burden of recurring charges.
With a maximum loan amount of S$300,000, businesses can secure the funding they need to support their operations, whether it’s for managing cash flow, purchasing inventory or covering operational expenses.
The loan does not come with a lock-in period, allowing businesses to repay the loan early without any penalties, offering added flexibility and financial freedom.
Although the loan is accessible to many businesses, it requires a minimum annual turnover of S$750,000 and at least 3 years of incorporation. This might exclude some newer or smaller businesses that don’t meet these criteria.
The maximum loan tenure is 5 years, which may not be long enough for businesses looking for extended repayment periods to reduce monthly payments further. This could potentially increase the strain on businesses with limited cash flow.
