Any new case submitted from the 1st October until the end of 2012 will earn a market leading 65% of the net commission.
So far Access 4 Finance have already made some important changes to the way they operate within secured loan industry including:
- Fully transparent commission structure meaning there introducers get to see a full breakdown of the cost associated with the loans including invoices.
- They let introducers choose their own broker fees - as long as the deal makes commercial sense for the company.
Scott Thorpe of Access 4 Finance commented:
“We have decided to launch this new 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%, and 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 advisors.
"On a grander scale the secured loan index figures recently published showed the industry paid out £34,600,000 in secured loans in August alone. 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.”
