As a referrer, you are not required to gather any information to Capital & Centric Funding other than the avenue for your referrals which is via the unique URL that will be allocated to your business.
Businesses with a current Australian ABN that join the Referral Program will be paid a once-off or percentage commission for referring applications.
This is an example of the information that you will be provided every month based on your referrals:
There are multiple statuses of an application that is relevant to the referral program:
- Incomplete
- Pending
- Approved
- Declined
There are multiple stages of an application that is relevant to the referral program:
- Money Transferred
- Sold on the Market
Commission Per Product:
The once-off commission per product is as follows:
- Small Amount Credit Contract – $10 per successful application
- Medium Amount Credit Contract – $40 per successful application
- Declined but Sold on the Market – 20% commission of the net profit
If your referred client has made multiple successful applications, then you will be paid for every successful application as this client was initially introduced by you.
To be applicable for the program, businesses must:
- Have a current registered ABN
- Be operational
- Provide valid Banking Details (to transfer commission to)
- Follow the guidelines of the Capital & Centric Referrer Reputation Risk Guide. Some examples include:
- Good Reputation
- Not in bankruptcy or liquidation
- No criminal history (current or past)
Businesses/Industries Accepted:
- Real Estate Agency
- Law Firm
- Finance Brokerage
- Accountants
- Physiotherapists
- General Practitioners
- Automotive
- Professional Services
- Construction and Building
- Apparel
- Health Care Equipment and Services
- Insurance
- Media and Entertainment
- Pharmaceutical, Biotechnology, and Life Sciences
- Software and Services
- Technology Hardwar