Flexible credit line up to S$150,000 with GXS FlexiLoan Biz
Now serving Sole Proprietors



Your best interest of 4.99% p.a. (EIR 9.32% p.a.) at heart, always.
For a limited time from 1st March to 30th June, receive our lowest interest rates4 for your business needs with GXS Flexiloan Biz.
Download the GXS Bank app.
Now serving Pte Ltd companies and Sole Proprietors
Competitive interest rates, big credit line.
Access to credit limit of up to S$150,000, at low interest rates from 4.99% p.a. (EIR 9.32% p.a.)2.
Credit limit up to S$150,000 on standby.
GXS FlexiLoan Biz is your standby credit line. Take a loan from S$1,000 whenever you need a cash boost, and get cash in your preferred account in minutes.
No fees.
No annual fee. No early repayment fees. All disbursal fees waived. No surprises.
Flexibility to design your loan.
Choose a repayment plan that works best for you - tenure from 2 to 36 months, and repayment date. You can also choose to repay early without penalty.
Earn more interest with GXS.
Every loan comes with the GXS Biz Account, which earns you daily interest on every deposit.
Navigate with ease.
How to repay funds - quick pay
How to repay: Easily repay your loan ahead of schedule
DY?
Sign up in under 4 minutes. No paper work, no branches.
Got questions?
We got answers.
What is GXS FlexiLoan Biz?
When you apply for GXS FlexiLoan Biz, you get access to a revolving line of credit from which you can borrow loans from.
What is a revolving line of credit?
- You have the flexibility to borrow a loan from the credit line only when you need it
- No interest or fees will be charged if you do not borrow from the credit line
- You can borrow multiple loans up to your credit limit
What are the benefits of GXS FlexiLoan Biz?
- Enjoy low interest rates of up to 4.99% p.a. (EIR 9.32% p.a.)
- Borrow instantly at the click of a button
- Before borrowing a loan, all interest rates and fees are clearly displayed to you so you can make the best choice
- Flexibility to select a monthly repayment date that works for your business
- No early repayment fees
- No annual fees
- No late fees, but a late interest is chargeable if you do not make your loan repayments on time
- You can borrow up to 10 loans from your available credit limit
* Effective Interest Rate (EIR) for GXS FlexiLoan Biz is calculated based on an average loan amount of S$10,000 with a 24-month repayment period, from 1 January 2024 to 1 January 2026.
What documents do I need to apply for GXS FlexiLoan Biz?
The GXS FlexiLoan Biz application process is hassle-free and requires no documentation.
Simply ensure that your company details and residential address are updated on ACRA and Singpass respectively, before signing up for an account.
if you require assistance on your Singpass access, you may contact Singpass Helpdesk directly.
Where can I find my GXS FlexiLoan Biz Interest rates?
Your interest rate (APR and EIR) will be shared with you upon successful application along with your assigned credit limit, so that you have all the details you need to make an informed decision on whether you wish to take up on the offer.
You may also find your interest rate within the GXS Bank app home screen right beneath your GXS FlexiLoan Biz credit limit.
* The Annual Percentage Rate (APR) represents the total borrowing cost, expressed as a yearly rate, relative to the initial loan amount.
The Effective Interest Rate (EIR) is the rate that reflects the true cost of borrowing and takes into account total charges. It's computed over a reducing balance basis and accrued daily.
How are the interest savings for my GXS FlexiLoan Biz calculated?
Interest is calculated on a daily, non-compounding basis. You can check your total interest saved upon entering your repayment amount.
If an early repayment is made, it will be deducted from your outstanding GXS FlexiLoan Biz balance on that day, resulting in interest savings for you as interest is calculated on a reduced outstanding balance instead. The interest amount that you saved will be shown in your GXS Bank app during the repayment process.
What are the fees I need to pay for my GXS FlexiLoan Biz?
There are zero fees involved for your GXS FlexiLoan Biz - be it early repayment fees, processing fees or late fees.
While there are no fees, you will still be charged late interest for late repayments. Simply pay on time to avoid this.
What rewards can I look forward to as both a GXS Business Banking customer and a Grab Merchant?
We have multiple rewards for our GXS Business Banking customers which are new and existing Grab Merchants. Depending on which vertical of Grab Pay, Grab Food or Grab Mart, there is an enticing value proposition limited to the first 500 sign ups.
However, the rewards are exclusive for Grab Merchants, subject to GXS Biz Account opening and linking the account as your Grab Merchant settlement account.
For Existing Deliveries (GrabFood & GrabMart) merchants : :Waived 12 km Islandwide Delivery subscription fee for 3 months (U.P from $500/mth for Grab Food , from $280/mth for Grab Mart)
OR
For New to Grab Deliveries (GrabFood & GrabMart) merchants: : Activation fee rebate (U.P up to $300)
OR
For New and Existing GrabPay-only merchants : MDR rebate - GrabPay in store (P2M) and online (ONA): 0.5% MDR rebate for 1 month (capped at $300).
Which Grab Merchant benefits am I eligible for ?
Grab Merchants which have successfully opened a GXS Biz Account and linked it to Grab as their Grab Merchant settlement account, will receive a confirmation email from Grab on the benefits.
Rewards issued by Grab are subject to Grab’s terms and conditions which will apply and be communicated by Grab.
What rewards can I look forward to as both a GXS Business Banking customer and a Singtel customer?
As a valued GXS Bank and Singtel customer, you get access to these exclusive business perks with Singtel:
- Discounted 1Gbps Biz Broadband on a 24-month contract.
- 3 free months of a Biz SIM Only Plan.
- A free Digital Marketing Package (for the first 10 eligible customers).
- A 12-month discount on Business CAST.
- A free 12-month subscription to Business Loyalty Lite.
Please note that Singtel's terms and conditions apply and Singtel rewards are fulfilled by Singtel only.
How do I redeem my Singtel rewards as a GXS Business Banking customer?
We will send all the details regarding Singtel reward fulfillment via email to your registered business email address in our records. Please check your inbox for the steps to redeem your Singtel rewards.
GXS Bank is a separate entity and is not associated with the businesses of Grab, Singtel and their entities. The GXS Biz Account and GXS FlexiLoan Biz are provided by GXS Bank. GXS Bank holds a banking licence and is regulated by the Monetary Authority of Singapore.
Approval of your application is subject to receipt of all supporting documents and further review. GXS Bank reserves the right to approve or reject your application without providing any reasons. Late interest charges may apply in the event of late repayment. Your loan is subject to review from time to time, and may be cancelled by GXS at its discretion. Terms and Conditions apply.
1T&C apply. For full terms and conditions click here.
2Effective Interest Rate (EIR) is calculated based on an average loan amount of S$10,000 with a 24-month repayment period, from 1 Jan 2025 to 1 Jan 2027.
3T&C apply. For full terms and conditions, please visit business.gxs.com.sg. For Singtel and Grab benefits, please refer to Ecosystem Terms - Grab and Biz Ecosystem Terms - Singtel.
Eligible GrabMerchant partner is applicable for Grab Merchants who link their Grab Merchant account to their GXS Biz Account and receive at least 1 cashout transaction into their GXS Biz Account in a calendar month.
Eligible Singtel customer is applicable for Singtel users who are GXS Biz Account holder AND existing/new-to-Singtel retail with at least 1 Singtel postpaid service (Postpaid, GOMO or heya), Broadband, TV or Fixed Line or SMB customer.
Deposit Insurance Scheme: Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Full Terms and conditions apply, please visit:
Business Account Terms here.
Business FlexiLoan Terms here.
Ecosystem Terms - Grab here.
Ecosystem Terms - Singtel here.
GXS Business Banking 4.99% Campaign Terms here.
GXS Promo Code Terms here.