Hi Iam not reall sure of the conventions on this board but I have read some postings from some other merchants so I guess this is the way things go!!

We are looking for loan apps from affiliates, we are not a marketer we actually broker, I have noted the concerns of affiliates with regards to the loanspage change of direction on commision payments.
It is our intention to operate an affiliate scheme based purely on back end commission which is obviously how we work ie we receive payment only once the deal completes.

To give you some ideas, we have been operating in the pay per click market for the last 2 1/2 years in the secured loan market our ctr is 1.1% and our conversion to application is 9% of which our final payout is .85% i.e. about 1 pay out per 100 clicks .I don’t know how the affiliates view this but it does offer the chance to earn on the following basis.
Our average payout is 15k we receive approx 4% commission less valuation fees etc.
Payments would be made along the lines

Secured loans: 20% of commission plus over ride based on monthly performance which should work out at about £200 per deal

Unsecured: 25% of commission average deal 5k with 2.5% comm.

There are also commissions earned if the deal can be converted to
re- mortgage again the commissions are dependant on type:
a sub prime re-mortgage will earn more than
a prime mortgage. ie a high street mortgage lender who only pay a procurement fee of £75 but then sometimes that’s better than losing a customer and getting nowt!
The proc fee if applicable will be split 50/50.
As a company we currently have introducers the most successful of which regularly earn 5k or more.
I hope this is of interest to boarders.

If you are interested we are in the process of setting up the affiliate programme but if any one would like to speak to us please feel free to call on 08007810681 and ask to speak to Colin

Many Thanks