
the possibilities are endless.











Heron Solutions
Heron Solutions

expand your business?





- Registered as sole proprieter, partnership, private limited company, non-listed public limited company or limited liability partnership company.
- Have at least 6 months of active monthly transactions.


FAQ is provided by Funding Societies (Modalku Ventures Sdn Bhd)
This is a micro term financing product designed especially for Malaysian SMEs for their working capital needs, productive asset purchases, and/or business growth requirements. No collateral is required.
As long as your company is an entity registered with SSM with a minimum of 30% Malaysian-shareholding and is not a subsidiary of or is not a listed company, your company is eligible to apply for this product.
- NRIC (Malaysian) / Passport (Non-Malaysian) of all Directors and Personal Guarantors
- Latest Company Registration Forms
- Latest Bank Statements (6 months)
Note: Funding societies may request for additional documents to support your financing application where applicable.
Financing Amount
For businesses outside Klang Valley : Up to RM50,000.00
For businesses inside Klang Valley : Up to RM100,000.00
Financing Tenure
For businesses outside Klang Valley : Up to 12 months
For businesses inside Klang Valley : Up to 18 months
Interest Rate
1.5% per month
Application Fee
Funding Societies does not charge applicants any application fee.
Origination Fee
Funding Societies only charges an origination fee (5% of the approved financing amount) upon successful disbursement. If the offer is declined by the applicant prior to disbursement, the applicant will not be charged for this.
Retention Sum
Waived for all financing applications under the Funding Societies x U Mobile (GoBiz)
collaboration.
Please ensure that your application is submitted via the approved channels to be waived
for the retention sum.
Kindly refer to the illustration below for your reference. Do note that this is only a reference, as the financing amount and tenure you can apply for is flexible, subject to the product terms stated above.
Financing Tenure (months) | ||||
---|---|---|---|---|
Financing Amount | 3 | 6 | 12 | 18 |
RM 5,000.00 | RM 1,726.67 | RM 908.33 | RM 491.67 | RM 352.78 |
RM 10,000.00 | RM 3,483.33 | RM 1,816.67 | RM 983.33 | RM 705.56 |
RM 20,000.00 | RM 6,966.67 | RM 3,633.33 | RM 1,966.67 | RM 1,411.11 |
RM 30,000.00 | RM 10,450.00 | RM 5,450.00 | RM 2,950.00 | RM 2,116.67 |
RM 40,000.00 | RM 13,933.33 | RM 7,266.67 | RM 3,933.33 | RM 2,822.22 |
RM 50,000.00 | RM 17,416.67 | RM 9,083.33 | RM 4,916.67 | RM 3,527.78 |
RM 100,000.00 | RM 34,833.33 | RM 18,166.67 | RM 9,833.33 | RM 7,055.56 |
Through Funding Societies x U Mobile (GoBiz) collaboration, you may also apply for FS Business Term Financing, where the financing amount is up to RM1,000,000.00, the financing tenure is up to 18 months, the interest rate is up to 1.2% per month and the origination fee is 4%. To be eligible, your company must be at least one (1) year in operations with a minimum of RM1,000,000 annual turnover to apply. Do note that your application would be subjected to a more elaborate assessment and documentation as compared to FS Micro Financing.