Introducer Agreement
An Agreement between (The Introducer): your company
And The Buyback Service Ltd t/a Little Business Loans, 152 Halesowen Road, Cradley Heath, Birmingham B64 5LP (Lender)
- All dealings with clients will remain on a confidential basis.
- Little Business Loans undertake to arrange transactions for those clients seeking commercial finance.
- You will be kept appraised of progress on applications.
- The client will become our client for Business Finance, once engaged and we undertake to retain records of business arranged for at least 6 years.
- Little Business Loans agree to pay a referral fee of 25% of fees charged (after our expenses - expense fees are determined by us and are non-negotiable) once the Business Finance has been approved and funds transferred to the client. Little Business Loans also agrees to pay an additional 12.5% fee on return business for the same client (after our expenses - expense fees are determined by us and are non-negotiable). No further commissions will be paid after the client has been a customer of Little Business Loans for 2 years since the date of the first loan funded.
- The relationship between parties shall at times be that of independent contractors. No employment, partnership or joint venture relationship is formed by this referral agreement.
- The agreement may be terminated, without penalty, by either party giving 10 days prior written notice.
- The introducer agrees to co-operate fully in the investigation and resolution of any complaints from clients. Initial point of contact is enquiries@littlebusinessloans.com.
- This agreement shall be governed and construed in accordance with the Laws of England and Wales.
