We want your business, so contact us today to negotiate a commission rate for your business.
Our commission rates vary depending on the size of the debt and number of debtors you have. Our standard rates are included in our Terms & Conditions.
Our minimum collection fee for any debt collected is $300.00 (plus GST).
A set up fee may also be payable from money collected depending on the Debt Collection Approach you instruct us to take.
NO SET UP FEE.
A single set up fee of $250 (plus GST) is payable for each Customised Approach regardless of the number of debtors you have.
A set up fee of $250 (plus GST) is payable in relation to each Debt that you instruct us to take a Disputed Approach. However, the better informed we are about a disputed debt:
We will charge for searches that we consider necessary for the most effective and efficient collection of a debt capped at $66 (incl GST) in total. Additional search fees may be payable if you authorise us to order additional searches. Go to the Table of Searches & Search Fees at the end of Terms & Conditions for more information.
As we work on what is essentially a no collect no fee basis, we incur expense and apply our resources towards the collection of debts in anticipation of deriving commission when the debt is collected. Consequently, once a debt has been submitted for collection we will suffer loss if we are deprived of the right to collect the debt.
Similarly, undertaking debt collection work on this basis requires that our collectors work efficiently and that full disclosure of any disputes is given at the time the debt is submitted for collection. When a debt is disputed, we take a different approach or may determine at the outset that the dispute should be referred to a Lawyer. Consequently, we will suffer loss if we are not told upfront that a debt is disputed.
Without limiting our Terms & Conditions we will be entitled to charge a commission if: