Terms & Conditions: #SapotLokal Business Merdeka Campaign

1. The "#SapotLokal Business Merdeka Campaign" ("Campaign") is organised by Modalku Ventures Sdn Bhd [201601019329 (1190266X)] ("Funding Societies") and shall commence from 1 August 2026 until 30 September 2026 ("Campaign Period"), both dates inclusive, unless otherwise stated.

2. This Campaign is open to new customers of Funding Societies who submit a Micro Financing/-i application via the Funding Societies SME Solutions Hub landing page (https://fundingsocieties.com.my/sme-solutions-hub) during the Campaign Period ("Eligible Participants").

3. Eligible Participants who submit a complete Micro Financing/-i application via the Funding Societies SME Solutions Hub landing page during the Campaign Period shall be eligible to receive the SME Solutions Hub Reward (as defined below).

4. Eligible Participants who additionally meet Funding Societies’ prevailing financing eligibility requirements and successfully receive financing disbursement during the Campaign Period shall be eligible to receive the Merdeka Reward (as defined below).

5. For the avoidance of doubt, any application submitted through any other Funding Societies webpage, application channel or landing page will not qualify for this Campaign.
​
6. All financing applications are subject to Funding Societies’ prevailing policies, internal credit assessment, and approval process. Funding Societies reserves the right to approve or reject any application at its sole discretion.

i. The SME Solutions Hub is an evergreen programme operated by Funding Societies that provides eligible users with access to exclusive business offers, discounts and business solutions from participating partners.
​
ii. The SME Solutions Hub Reward is separate from the Merdeka Reward and does not require successful financing disbursement.

iii. Eligible Participants will receive access to the SME Solutions Hub reward page via email and/or WhatsApp after complete submission of their Micro Financing/-i application.
​
iv. The SME Solutions Hub page will contain information on the participating partners and partner offers.
​
v. Redemption, availability, and fulfilment of any partner offer are subject to the respective participating partner’s own terms and conditions.
​
vi. Funding Societies reserves the right to add, remove, replace or amend any participating partner and/or partner offer at any time without prior notice.

i. Eligible Participants whose Micro Financing/-i application is successfully disbursed during the Campaign Period shall be eligible to receive one (1) of the following Merdeka Rewards:

ii. Each Eligible Participant is entitled to only one (1) Merdeka Reward, which shall be either the Grand Reward or the Guaranteed Reward.

iii. The five (5) Grand Reward recipients will be randomly selected by Funding Societies after the Campaign Period from all Eligible Participants who have successfully received financing disbursement during the Campaign Period.

iv. Funding Societies' decision on the selection of the Grand Reward recipients shall be final and binding.
​

7. The Merdeka Rewards will be fulfilled and credited to the Eligible Participant’s account within sixty (60) days after the end of the Campaign Period.

8. Funding Societies will determine the applicable Merdeka Reward to be awarded to each Eligible Participant in accordance with these Terms and Conditions.

9. Eligible Participants who are not selected as one of the five (5) Grand Reward recipients shall each receive the Guaranteed Reward of RM69 OFF the Utilization Fee.

10. Where the Utilization Fee payable is lower than the applicable Merdeka Reward, the Merdeka Reward shall be limited to the actual Utilization Fee payable. No unused or remaining reward amount will be paid, carried forward or exchanged for cash.

11. The 69% OFF Grand Reward applies only to the Utilization Fee charged under the Eligible Participant’s first successfully disbursed Micro Financing/-i facility obtained during the Campaign Period. The maximum discount amount under the Grand Reward is capped at RM1,000 per Eligible Participant.

12. Funding Societies reserves the right to verify the eligibility of all Eligible Participants before crediting any Merdeka Reward.

13. If an Eligible Participant’s Micro Financing/-i application or financing facility is subsequently cancelled, terminated, reversed, refunded, voided or found to be fraudulent, Funding Societies reserves the right to withhold, withdraw or revoke the Merdeka Reward.
​

14. It is the sole responsibility of each Eligible Participant to ensure that all required documentation, their registered email address, mobile number and other contact information provided to Funding Societies are accurate, complete and up to date.

15. Funding Societies shall not be responsible for any failure or delay in receiving Campaign communications arising from inaccurate, incomplete or outdated contact information provided by the Eligible Participant.

16. In relation to financing disbursement within the Campaign Period, every reasonable effort will be made to ensure that the turnaround time is adhered to. Nonetheless, please note that the processing time for approval and disbursement (“Timeline”) may vary depending on various circumstances, including but not limited to the completeness of information furnished by the Eligible Participants. In this regard, Funding Societies' decision on the Timeline and any decision on the eligibility of receiving the Merdeka Reward shall be final. Eligible Participants are advised to submit all applications as early as possible within the Campaign Period.

i. Collect, record, hold, store, use, and disclose their personal information for purposes related to the Campaign;
ii. Disclose their personal information (including names, addresses, telephone numbers) to Funding Societies' related and/or associate companies, business partners, strategic alliances, and other third parties as deemed necessary by Funding Societies for the Campaign; and
iii. Allow their photos or video clips to be used for current or future advertising and/or publicity related to the Campaign without any claim for payment or compensation.