OUR FINANCES Here at Q finance we want our franchisees to earn money in a timely and transparent manner. Therefore, our commission packages are not only industry leading but easy to understand and calculate.
Below are two examples based on our franchisees earning our standard commission of 1% of their total monthly advances. These advances are classed as ‘completed cases’, which are classed as - finance deals that have been completed and are live at the end of that calendar month.
Your commission structure is based on your advances (both yours and your dealer partners) which means you are in control of your earnings.
Please note a commission clawback is applicable – terms depending on funder used and timescale of the agreement being settled or defaulted. All commission clawback detail can be found in our franchise agreement.
EARNING EXAMPLE 1
EARNING EXAMPLE 2
MONTH
ADVANCES
COMMISSION
YEARLY EARNINGS
MONTH
ADVANCES
COMMISSION
YEARLY EARNINGS
1
£100,000
£1,000
£12,000
1
£150,000
£1,500
£18,000
2
£200,000
£2,000
£24,000
2
£250,000
£2,500
£30,000
3
£300,000
£3,000
£36,000
3
£300,000
£3,000
£36,000
4
£400,000
£4,000
£48,000
4
£350,000
£3,500
£42,000
5
£500,000
£5,000
£60,000
5
£400,000
£4,000
£48,000
6
£600,000
£6,000
£72,000
6
£450,000
£4,500
£54,000
7
£700,000
£7,000
£84,000
7
£500,000
£5,000
£60,000
8
£800,000
£8,000
£96,000
8
£550,000
£5,500
£66,000
9
£900,000
£9,000
£108,000
9
£600,000
£6,000
£72,000
10
£1,00,000
£10,000
£120,000
10
£650,000
£6,500
£78,000
11
£1,100,000
£11,000
£132,000
11
£700,000
£7,000
£84,000
12
£1,200,000
£12,000
£144,000
12
£750,000
£7,500
£90,000 Q-Finance 09
