Terms & Conditions

AS AN NSBC MEMBER, YOU HAVE EXCLUSIVE ACCESS TO A SPECIAL BUSINESS FUNDING SUPPORT PROMOTION FROM PROFITSHARE PARTNERS, DESIGNED TO HELP GROWING BUSINESSES SEIZE OPPORTUNITIES AND ACCELERATE GROWTH

PROFITSHARE PARTNERS AND NSBC BUSINESS FUNDING SUPPORT PROMOTION

TERMS AND CONDITIONS

1. PROMOTERS

1.1 This promotion (“Promotion”) is conducted by ProfitShare Partners Proprietary Limited (“PSP”) in partnership with the National Small Business Chamber NPC (“NSBC”) (collectively referred to as the “Promoters”).

1.2 By participating in the Promotion, participants agree to be bound by these Terms and Conditions.

2. PROMOTION PERIOD

2.1 The Promotion commences on 1 July 2026 and closes at 23:59 on 31 July 2026 (“Promotion Period”).

2.2 No applications received after the closing date will apply to the Promotion.

3. ELIGIBILITY

3.1 To participate in the Promotion, a participant (or “you”) must:

1. be a valid NSBC member during the Promotion Period and at the time the Recipient is selected;
2. be a South African registered SMME;
3. visit the NSBC campaign page, enter your details on the NSBC website, and follow the link to PSP’s website;
4. complete PSP’s onboarding process and submit an application for a financial contribution (“Application”) in excess of R250,000 (two hundred and fifty thousand Rand) through PSP’s website during the Promotion Period;
5. satisfy PSP’s minimum qualification criteria for assessment of the Application;
6. have a bona fide business capital requirement arising from a valid purchase order, contract, or project acceptable to PSP;
7. provide all information and supporting documentation required by PSP to verify such capital requirement;
8. satisfy PSP’s FICA, anti-money laundering, fraud prevention and compliance requirements; and
9. comply with these Terms and Conditions.

3.2 Directors, members, shareholders, employees, agents, consultants and contractors of either Promoter, and their immediate family members, may not participate in the Promotion.

3.3 Subject to the availability of the Waiver Benefit (defined below) and the provisions of these Terms and Conditions, participants whose Applications are approved by PSP and who satisfy all eligibility requirements may be selected by PSP to receive the Waiver Benefit.

3.4 The granting of the Waiver Benefit shall be subject to the availability of the Waiver Benefit and PSP’s ordinary risk, compliance and commercial assessment criteria applicable to all Applications.

4. HOW TO PARTICIPATE

4.1 During the Promotion Period, eligible participants must:

1. visit the NSBC campaign page and enter your details;
2. click on the link directing you to the PSP website and identify the PSP funding solution applicable to you;
3. complete PSP’s onboarding process;
4. submit an online Application through PSP’s website for a financial contribution in excess of R250,000 (two hundred and fifty thousand Rand); and
5. provide the required information and supporting documents for PSP to assess your Application.
6. WAIVER BENEFIT

5.1 During the Promotion Period, PSP may provide selected eligible participants with a promotional waiver benefit (“Waiver Benefit”), being the waiver of profit share, any applicable administrative and related costs, and interest in relation to the first R500,000 (five hundred thousand Rand) of the financial contribution made by PSP in respect of an approved transaction.

5.2 The Waiver Benefit does not constitute:

1. a) a cash prize;
2. b) a cash payment to the participant;
3. c) a rebate or refund; or
4. d) an unconditional entitlement to funding.

The Waiver Benefit consists solely of the waiver by PSP of profit share, administrative or related costs, and interest applicable to the first R500,000 of an approved financial contribution made by PSP.

5.3 Where the approved transaction exceeds R500,000 (five hundred thousand Rand), the Waiver Benefit shall apply only to the first R500,000 (five hundred thousand Rand) of the approved financial contribution, and PSP’s ordinary costs shall apply to the balance of the approved financial contribution.

5.4 The Waiver Benefit is intended exclusively to support a legitimate business capital requirement arising from a purchase order, contract or project approved by PSP.

5.5 The aggregate Waiver Benefit available under this Promotion is limited to the waiver of profit share, administrative and related costs, and interest in respect of the first aggregate amount of R3,000,000 (three million Rand) of approved financial contributions made by PSP under this Promotion.

5.6 PSP reserves the right to determine the manner in which approved financial contributions are made in order to ensure that they are applied to the approved business purpose.

5.7 For the avoidance of doubt, the Promotion does not constitute a cash prize competition. The Waiver Benefit consists solely of the waiver by PSP of specified costs applicable to approved financial contributions and does not entitle any participant to receive cash or financial contributions other than in accordance with PSP’s ordinary funding policies and approval processes.

6. SELECTION OF RECIPIENTS

6.1 Subject to these Terms and Conditions, PSP may select up to 6 (six) eligible participants during the Promotion Period to receive the Waiver Benefit (“Recipient”).

6.2 A participant shall not acquire any right to the Waiver Benefit unless and until PSP confirms such participant’s selection in writing.

6.3 PSP’s decision regarding the granting of the Waiver Benefit shall be final.

7. RECIPIENT NOTIFICATION AND VERIFICATION

7.1 A Recipient will be notified telephonically and via email using the contact details provided in the Application.

7.2 A Recipient must respond within 7 (seven) days of notification.

7.3 As part of the Application and assessment process, PSP may require a participant to provide such information and documentation as PSP reasonably requires to:

1. verify the participant’s eligibility;
2. verify the existence of the underlying purchase order, contract or project;
3. comply with applicable FICA, anti-money laundering and fraud prevention requirements; and
4. administer the Waiver Benefit.

8. PUBLICITY

8.1 Recipients may be invited to participate in publicity, marketing and promotional activities relating to the Promotion. Recipients may, subject to their prior written consent, be identified on the websites or social media platforms of PSP and/or NSBC.

8.2 Participation in publicity, marketing and promotional activities is entirely voluntary.

8.3 A Recipient’s decision not to participate in publicity activities shall not affect the Recipient’s eligibility for or receipt of the Waiver Benefit.

9. DISQUALIFICATION

The Promoters reserve the right to disqualify any participant who:

1. provides false, misleading or incomplete information;
2. attempts to manipulate or improperly influence the Promotion;
3. acts fraudulently or unlawfully;
4. breaches these Terms and Conditions; or
5. engages in conduct which undermines the integrity of the Promotion.

10. PERSONAL INFORMATION

10.1 Personal information collected in connection with the Promotion may be processed by the Promoters for purposes including:

1. administering the Promotion;
2. verifying eligibility;
3. selecting and contacting Recipients;
4. provision and administration of the Waiver Benefit; and
5. complying with legal and regulatory obligations.

10.2 Personal information will be processed in accordance with applicable data protection legislation, including the Protection of Personal Information Act, 2013.

11. LIMITATION OF LIABILITY

11.1 To the fullest extent permitted by law, the Promoters shall not be liable for any loss, damage, claim, expense or liability arising from:

1. participation in the Promotion; 
2. any technical failure or interruption; 
3. incomplete, delayed or unsuccessful applications; or
4. acceptance or use of the Waiver Benefit or the approved transaction.

 11.2 Nothing in these Terms and Conditions limits or excludes any liability that may not lawfully be limited or excluded.

12. RECORDS

12.1 The Promoters shall retain records relating to the Promotion for the period required by applicable law.

12.2 Such records shall include details of the Promotion, applications received, approved transactions and Waiver Benefits granted.

13. GENERAL

13.1 The Promoters reserve the right to amend, suspend or cancel the Promotion where reasonably necessary due to circumstances beyond their control or where required by law.

13.2 Any dispute arising in relation to the Promotion shall be determined by the Promoters acting reasonably and in accordance with applicable law.

13.3 The Promotion is conducted in accordance with applicable laws and regulations.

13.4 A copy of these Terms and Conditions shall be available on the websites of PSP and NSBC throughout the Promotion Period.

13.5 By participating in the Promotion, participants acknowledge that they have read and understood these Terms and Conditions.