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