This August we’re offering our brokers EXTRA commission with every new deal that goes live:
All deals must be proposed and go live from 1st – 31st August 2019 to qualify*.
n *Terms and conditions apply, please see below for full details:
TERMS & CONDITIONS
- To qualify for the extra commission, deals must have been proposed and must draw down between 1st – 31st August 2019.
- If a deal has been received by PAF prior to 1st August 2019 it cannot be cancelled and re-proposed to qualify for any extra commission
- The amount of extra commission applicable will be determined by the length of term of each agreement: deals with a term of 24 – 35 months will qualify for an additional 1% commission, a term of 36 – 47 months will qualify for an additional 1.5% commission, deals with a 48 month term or higher will qualify for an extra 2% commission.
- Extra commission payments are applicable up to a maximum additional payment per deal of £10,000.
- The total additional commission accumulated over the month of August will be paid in as a lump sum payment in September (2019), following receipt of an appropriate invoice.
- Any deals proposed or going live before or after the stated dates will not qualify for the increased commission levels.
- The increased commission will be based on standard PAF commission levels and will not be applicable to enhanced rates that have been individually negotiated with your business development manager.
- You must be registered as an approved intermediary with Praetura Asset Finance and have completed the Broker Agreement documentation prior to your first deal going live.
- Any additional commissions payable will be attributed to the relevant deal and be subject to standard debit back arrangements (as per the Broker Agreement).
- Any deals unwound or terminated prior to 31st August 2019 will not qualify for an additional commission payment.
- All other terms and conditions as per the Broker Agreement are still applicable in conjunction with this promotion.
- Any questions can be submitted to your dedicated Business Development Manager or sent via email to firstname.lastname@example.org.
- Praetura Asset Finance reserve the right to suspend, change or cancel the promotion at any time and without notice.
- In the event of a dispute, the decision of Praetura Asset Finance will be final and binding, no correspondence will be entered into.