Rates

Our Commission Rates

Original Debt Amount $          Commission Rate %      You Receive

(+ GST)

Under -$2,000                                     25%                                 75

$2,001-$10,000                                   20%                                 80

$10,001-$40,000                                 15%                                 85

$40,001-Over                                      10%                                 90

Debts which are over 6 months old at date of submission, will be subject to an additional 5% commission.

No Collection  – No Fee

Commission payable on monies collected.

No Hidden costs.

No Contract

Rate is negotiable at lower rates on a case by case basis.

Just email or call us for a rate quote.

Special collection rates are available for large placements,

Don’t be afraid to ask!

Commission calculations from the Debts and the recovery process

Example:

If you send us an overdue account for $30,000 and we collect $29,000

Collected $29,000.00

We deduct commission calculated at 15%        $4,350.00

Add GST             $  435.00  You can get GST Credit back

Total deduction from the Collection     $ 4,785.00

Your net recovery is  $29,000 (collected) less Commission

$4,350.00= $24,650.00

We are committed to you that we deposit the collected money into your nominated bank account within 5 business days of receipts to help your cash flow in the business.444