Commission Buy Out

A tailored Commission Buy Out plan to benefit your business

Our Commission Buy Out offer allows you to turn your potential commission earnings into an upfront cash lump sum that you can use to boost your business now, whilst still retaining customer ownership.

Transferring your customers' attrition risk to us also means you can concentrate on generating new business - increasingly important in the current economic and regulatory environment. Once commission earnings from new business sales have been built back up to the threshold level, you can simply repeat the whole process again (subject to availability).

Each offer is specifically tailored to your company and is dependent on a number of factors, including the mix of policy types, your existing commission structure, the historical attrition profile of your customers and the age of their policies.

A boost for your business with no lengthy bank process

The main advantage of Commission Buy Out is that, unlike approaching your bank or finance house to raise capital, application is very straightforward. There is no arrangement fee and no requirement to offer security or pay anything back. The funds will be quickly available for whatever purpose your business chooses.

Plus, with our wide experience of commission buy-out, you can be sure that you will receive a timely and professional experience.

Interested?

To qualify for a Commission Buy Out, you must meet the following eligibility criteria.

  • Currently authorised with the FSA
  • Be the principal of the firm
  • Have a current portfolio of Paymentshield policies
  • Have an annual Paymentshield commission income in excess of £850 per month.

This offer is open to all Directly Authorised (DA) firms. Appointed Representatives (AR) eligibility is dependent on agreement from your network principal.

Why Commission Buy-Out?

  • Upfront cash lump sum to boost business
  • No lengthy application
  • Repeatable process
  • Specifically tailored to your company
  • Transfer of attrition risk in volatile market

Further Information

E: cbomanager@paymentshield.co.uk

Please ensure you include the following information with your email:

  • Principal Name
  • Company Name
  • Company Address
  • Paymentshield Branch Number
  • Contact telephone number
  • DA or AR Status

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