Commission Rebates

Getting good business finance and advice is the difference between a successful and thriving business, and one which just coats along – or worse still, goes under. Therefore, not only do you need to know you are getting the best business banking products and financial advice, you also need to be sure you are getting the most affordable products, and everything that is owed to you, and when you register with Commission rebates, you can make sure your business banking products are working for you in every possible way.

Rebates Available on Business Banking and Finance Products

While Commission Rebates offers refunds of the trailing commissions and the cancellation of entry fees on personal insurance, superannuation and loan products, we can also help you get money back from your business banking financial products too. Australian banks are always interested in lending money to strong businesses because business loans are very profitable products for them. Business loans are so attractive to the banks that many will offer referral fees to partners who introduce new business customers.

As a result, Commission Rebates is one of those introduction partners and our relationship with the major Australian banks means you can be refunded that referral fee and receive a cash injection which you can use as a lump sum payment back on your business loan, or for some PR exercises or a trial of new marketing initiatives. The referral fee paid by many major Australian banks for those who introduce new business customers is usually around 0.50% of the balance of your business loan. Therefore, on an approved business loan of $200,000, Commission Rebates would receive a $1,000 referral fee as thanks from the bank for the introduction. When you register with Commission Rebates for your business loan and financial products, you become eligible to receive that referral fee refunded back to you.

How to Register Your Business Loan with Commission Rebates

Before you approach any banks for a business loan, speak with Commission Rebates and have us organise an introduction for you. You can request a refund by registering now, and once you are registered, we will introduce you to the bank of your choice, and the meeting becomes a referral from Commission Rebates, to your chosen bank. Therefore, when you finalise your business loan, the bank we ‘introduced’ you to, will pay us a referral fee based on the value of your loan, which we will then refund back to you.

Benefits of Business Banking Finance Commission Rebates

If you’re still not sure that registering with Commission Rebates is the best option for your business loan, consider the full range of benefits:

• You are getting the same business banking product. Even though you are being referred to your chosen bank by Commission Rebates, and your bank is paying us a referral fee, you are still going to secure the best interest rates and the lowest fees. This is because the bank would pay a referral fee regardless of who referred you and the fee doesn’t come out of our loan repayments and isn’t made up of hidden fees in your loan contract. Instead, the referral fee is based on a percentage of your loan amount, and comes from the bank’s own funds, as the cost of attracting new business, all we’re doing is making sure that that cost is paid to you. 
• You continue to deal directly with the bank. In registering for your refund with Commission rebates, you are not locked into using a provider we have a prior arrangement with, you are able to make the choice of business bank you want to work with, and you deal directly with their business manager. All Commission Rebates does is to accept a referral fee from your bank, and refund that fee to you. 
• A referral fee refund is as simple as registering with Commission Rebates. There are no complex forms or paperwork that you need to go through with Commission Rebates to be eligible for a refund of your referral fee. Instead, request a refund by registering now, and enter just a few personal details into our online form and we will handle the rest of the refund process. You are then free to go back to concentrating on your business finances, and all you have to do is wait for the payment from us to arrive.