Are all commissions disclosed to relevant parties?
By law there is a requirement that all commissions payable to third parties are disclosed. Commission is disclosed on two levels: Firstly, all gross commissions payable under contract from the banks to Capital Growth is disclosed in the lender’s loan offer document to the client. Secondly, we also ask that the referring business partner also disclose the net commissions received from our banking partners to their client at the appropriate stage of the transaction.