The Finance Fee facility is not a commission based system. Therefore, under the terms of the banking Royal Commission any restrictions, such as caps will not apply.
By offering a transparent fee based service for your customers you build long term customer loyalty, trust and the potential for repeat business.
Fee payment arrangements are made directly between broker and borrower and cannot be changed by Australian Securities. Trail payments are calculated up until the repayment date when the debt is paid out.
You will benefit from automatic monthly payments from your clients interest repayment account in the same month interest is paid.
Brokers are provided fee payment notices each month and are kept informed with on-line activity statements of client interest repayments.
Looking to refinance your clients loans with us? Australian Securities are specialist lending experts who will do everything in their power to help you transition from commission based payments with a minimum of fuss.