It has always been our intention to better reward the introducer partners we work with that provide us with both volume and quality of loan applications. Therefore, from 1st March 2020, we will be enhancing the commission paid to a number of our brokers who will all be communicated prior to this date with full details.
However, the ability to earn more commission is available to all of our brokers. We will be reviewing the levels of business provided by all of our brokers from 1st March 2020 onwards and any of our introducers who provide more than £500,000 in written business in a 12 month period. This will be monitored regularly and applies only to Newable Business Finance loans of £26,000 and above.
We look forward to as many of our introducers as possible qualifying for an enhanced rate of commission over the coming months.