Commission Rebates

A lot of money can be made from commercial property investments if you know how to do it right. Part of knowing your commercial property investments is knowing all the details of all the products you are using and the contracts you are signing and one of the most important is the property finance documents. Did you know that your business bank is more than happy to pay a referral fee to a third party for introducing you to their business? And did you also know that you could have that referral fee paid to you, instead of to another company which has put you onto your business bank? Plus, the choice of business bank and commercial property finance remains entirely your own.

What You Need to Know About Commercial Property Finance Referrals

It may not be immediately apparent in your dealings with the banks as they tell you all about the fees and interest rates you will be charged for the privilege of doing business with them, but the banks need and want your commercial property finance business and they will do whatever they have to do to get it. This means most Australian banks pay referral fees to those who introduce new business customers to them, as an incentive to make more introductions, and bring more commercial business their way.

You may not know what goes on behind the scenes at the bank once your commercial property finance is finalised, but there are generous referral fees being paid to whoever recommended the bank to you. Usually this is a financial advisor or broker, and they will be paid the referral fee from your new bank, for your new business. A typical referral fee is 0.50% of the balance of your commercial property finance loan and if you have just borrowed $200,000 for a commercial property investment, that can be as much as $1,000 going to an advisor or broker just for referring you to your bank.

Now that you know what happens after your commercial property finance documents are signed with a new bank, you can make sure you are the one benefiting from the bank’s referral fees.

How You Can Benefit From Commercial Property Finance Commission Rebates

Instead of a third party financial advisor or finance broker profiting from the commissions from the sale of your commercial property finance products, you can have those commissions rebated back to you, and it’s as simple as:

• Requesting a refund be registering now with Commission Rebates. It takes just minutes to register your details with Commission Rebates and once you are registered, we will be the ones who introduce you to your new commercial property finance provider, and we will also be the ones to receive the referral fee once your finance is finalised. This allows us to refund you the amount of your referral fee.
• You can choose the commercial property finance provider we introduce you to. In registering with Commission Rebates for a refund on your commercial property financing, you are not being limited to our short list of Australian providers. When you register, you simply nominate the commercial property finance provider you have researched and settled on, and we will make the introduction. The choice always remains yours, we simply collect a referral fee for you. 
• You remain in control of your commercial property finance. Commission Rebates is involved in so far as an introduction and a referral fee refund, after which the management of your commercial property finances is up to you. Your finance remains wholly in your business name and you maintain complete control over the product, the only difference is your business could be thousands of dollars richer, thanks to a refund of the bank’s referral fee.

Your business can request a refund by registering now with Commission Rebates if you are in the market for commercial property finance. The process is quick and easy, and you can be enjoying the commercial property finance product of your choice and a refund of the bank’s referral fee in no time.