1 October, 2012
Access 4 Finance already offers fully transparent commission structure meaning their introducers get to see a full breakdown of the cost associated with the loans including invoices. It also lets introducers choose their own broker fee - as long as the deal makes commercial sense for the company.
Scott Thorpe, director of Access 4 Finance, said: ?We have decided to launch this commission structure to firstly say a massive thank you to our current introducers and also to try and get more people considering secured loans with rates starting at 6.9%.
?With our lenders showing a common sense approach to lending in regards to how they treat not only self-employed clients but also adverse customers this should make a great proposition to introducers and their clients along with also been profitable for the advisers.?
Loans Warehous?s secured loan index figures showed the industry paid out ?34,600,000 in secured loans in August alone.
Thorpe added: ?On an average 10% income generated per case our new proposal if all the completions had come from introducers our proposal would mean they would have earned an extra ?519,000 between them in the space of one month making for a very attractive Christmas.?
With Access 4 Finance?s commission structure a ?20,000 loan amounts to Income of ?2,800 minus a cost of ?220. That generates a net income of ?2580 which at 50% would mean an introducer would earn ?1290. Under the Access 4 Finance structure introducers would earn ?1677 - an extra ?387.
hunger games box office xavier joan crawford joan crawford john goodman kendall marshall whitney houston news
No comments:
Post a Comment