Updated July 14, 2025
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Terms & Conditions
Annual Interest Rate
Max Loan Amount
Processing Fee
CIMB ’s temporary bridging loan (TBL) stands as a tailored financing solution designed to support Singaporean SMEs navigating uncertain economic climates. With a competitive fixed annual interest rate of 5.5% and no annual fee or penalty charges, this loan product delivers predictable costs and strong financial flexibility.
What sets CIMB apart is its no-minimum requirement policy for application, making it accessible to a wider range of businesses. Whether you’re a startup with three years of incorporation or a mature enterprise aiming to stabilize operations, CIMB’s offering ensures streamlined funding with maximum transparency.
The maximum loan amount of S$1,000,000 and repayment tenure of up to 5 years allows SMEs to pace their financial obligations comfortably. Borrowers can expect a monthly instalment of S$1,910.12 for a principal loan of S$100,000, resulting in a total repayment of S$114,606.97 over the full loan term.
CIMB’s TBL is built with growth in mind—removing lock-in periods, minimizing friction with a modest 1.8% processing fee, and empowering companies with stable cash flow planning during economic recovery or expansion.
Transparent Cost Structure
CIMB offers a fixed annual interest rate of 5.5% with a straightforward processing fee of 1.8%. There are no hidden fees, no annual charges, and no penalty fees—allowing businesses to plan their finances with confidence and clarity.
No Lock-In Commitment
Borrowers enjoy full flexibility with no lock-in period, meaning they can settle their loan early without incurring penalties—ideal for businesses expecting variable cash flows or early repayment capacity.
Generous Loan Quantum
With a maximum loan amount of up to S$1,000,000, the temporary bridging loan is well-suited for SMEs requiring substantial working capital, cash flow support, or investment funding without diluting equity.
Flexible Repayment Tenure
The loan tenure stretches up to 5 years, giving businesses the breathing room to structure repayments sustainably. A sample monthly instalment on a S$100,000 loan over 5 years is S$1,910.12, culminating in a total repayment of S$114,606.97.
Low Barrier to Entry for SMEs
CIMB keeps the entry requirements lean: No minimum loan amount, minimum turnover of S$750,000, and at least 3 years of incorporation. This makes the loan accessible for both mature and fast-growing enterprises seeking funding.
Processing Fee
CIMB applies a processing fee of 1.8% on the approved loan amount, deducted once at the beginning of the loan term. For example, on a principal of S$100,000, the processing fee amounts to S$1,800. This fee is applied only once and does not recur annually.
Annual Fee
Unlike some other SME loans that impose annual service or maintenance fees, CIMB waives this entirely. Borrowers are not subjected to recurring charges throughout the loan tenure.
Penalty Fees
One of the key advantages of this bridging loan is its zero penalty policy. There are no charges for early repayment, no fees for missed payments, and no hidden penalties, offering peace of mind for businesses managing unpredictable cash flows.
Late Payment Charges
CIMB’s TBL does not impose separate late payment fees beyond the interest already structured into the monthly instalment, as long as the loan remains within agreed repayment terms.
| Lender | Annual Interest Rate | Processing Fee | Annual Fee | Monthly Repayment |
|---|---|---|---|---|
| Anext | 7% | 1% or S$200 whichever is higher | $0 | $2,970.18 |
| DBS | 6% | 1% | no | $2,899.92 |
| Maybank | 7% | 1-2% | $2,970.18 | |
| OCBC | 7.5 % | 1-2% | no | $3,005.69 |
| Orix | 8.5 % | 1-2% | no | $3,077.48 |
| Ethoz | 9 % | 1.25% | One time off $1,500 Commitement Fee | $3,113.75 |
| Funding Societies | 9.6 % | 7% | $3,157.61 | |
| SCB | 10.88 % | 1-3% | $288 | $3,252.39 |
* Rates Updated 14 Jul 2025 - Loan Amount Example S$150,000 In 5 Years
The CIMB Temporary Bridging Loan is designed to provide SMEs in Singapore with accessible short-term financing support during periods of economic uncertainty. To qualify, businesses must meet a clear set of criteria aligned with government-backed financing schemes.
Business Incorporation
Applicants must be entities registered and operating in Singapore. Eligible businesses typically include private limited companies, partnerships, and sole proprietorships. A minimum operational track record of at least 6 to 12 months may be required to demonstrate business continuity.
Local Ownership Requirement
At least 30% of the company’s shareholding must be held by Singapore Citizens or Permanent Residents. This aligns with national objectives to support locally owned and controlled enterprises.
Annual Revenue or Group Employment Size
Businesses must not exceed the industry cap of either:
Group annual sales turnover of S$100 million or group employment size of up to 200 employees.
Loan Purpose & Sector Relevance
The CIMB Temporary Bridging Loan is intended for working capital needs, cash flow management, and operational continuity. It is especially relevant for businesses affected by global market shifts, supply chain disruptions, or tightening credit conditions. Companies should ensure that the funds are used for legitimate business expenses.
Credit Assessment & Supporting Documents
While government risk-sharing helps reduce barriers, CIMB will still assess each applicant’s credit profile, existing obligations, and financials. Having up-to-date management accounts, bank statements, and financial statements can accelerate approval.
Start your loan application journey with our quick online application multistep form—it takes just 30 seconds to complete. Our advanced technology and expert loan specialists work together to match you with suitable options on our platform
Our team will reach out requesting the following necessary documents: company registration information, bank statements, financial reports and your IC/FIN details.
Our dedicated customer success team will carefully examine your application, contacting you if any additional information is required. Once we’ve verified your details, we’ll begin the process of matching you with appropriate lenders and loan options.
Compare loan offers in real-time through your application dashboard. Our customer success team is available to discuss loan details.
Once you’ve agreed on the loan terms and signed the contract, you’ll receive a copy of the agreement. This document will outline your monthly payment schedule. Your funds will then be disbursed either in cash or via bank transfer.
Businesses can access funding of up to S$1,000,000, offering strong support for working capital, expansion, or liquidity needs.
There is no annual fee and no lock-in period, providing flexibility for early repayment without penalties.
CIMB requires no minimum loan amount, and accepts businesses with just 3 years of incorporation and S$750,000 annual turnover, making it accessible for growing SMEs.
A fixed interest rate of 5.5% per annum ensures predictable repayments over the loan tenure, aiding in cash flow planning.
Startups or recently incorporated firms are ineligible, narrowing access to more established companies only.
Certain sectors (e.g. speculative real estate or investment holding) may face stricter scrutiny or be excluded entirely, depending on regulatory guidelines.
