Commission Structure
Professional Collections Commission Rates
Note: Please Note: All prices are GST exclusive.
How Commission is Calculated:
If we recover $15,000.00, we charge on a scale rate according to the table below. The more we collect the less you pay:
Monies Collected Commission Rate | |
$0.01 to 1,000.00 | 25% on the first $1k |
$1,000.01 to 5,000.00 | 20% on the second portion |
$5,000.01 to 10,000.00 | 15% on the third portion |
$10,000 and over | 10% on the balance |
Total commission charged on $15k is $2,300.00 (average of 15% plus GST).