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Faster Finance
Services
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Faster Finance and commissions
We obviously derive a commission from the lenders who we use on your
clients behalf and in addition we also charge fees.
We have a very simple policy regarding the introducers share of this
income. We share 50% of the net revenue derived from all deals with
the introducer.
As an example there is a sample deal below and the sort of
commission that you could expect from this sort of deal.
£25,000 secured loan
(Please note fees commission and costs can
and do vary from this example but this is a typical example due to
house values etc)
5% lender commission £1,250
5% fee
£1,250
Total income
£2,500
Less costs
Valuation
£250
Lenders Reference
£90
Total after costs
£2,160
50% due to the broker £1,080 |
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