Referral Broker Agreement
This agreement is entered into this 01-01-1970, by and between the undersigned parties.
Be it resolved and in consideration of these recitals contained herein and other goods and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Inter Capital US a New Jersey Company herein known as (Inter Capital US) and herein known as (Agent) whose offices are located at: To, thereby agree and certify that:
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the date first written above.
In the event of any discrepancy between the terms of this Schedule and the Agreement, the Agreement shall prevail. Agents shall be paid Compensation in a One-Time Lump Sum Compensation as detailed below. Compensation is subject to change when changes are made by Inter Capital US to the Program.
In consideration for the services rendered by the Agent hereunder, Inter Capital US agrees to pay Agent in accordance with the Agent Compensation Schedule, set out in Schedule A hereto (the “Compensation”). Compensation shall be paid in respect of each Merchant location each and every unique referral referred to Inter Capital US by Agent only, and which Merchant has entered into a Finance agreement and is funded.
The Referring Party’s (AGENT) Compensation shall be due and payable within ONE (1) business day from the date on which Inter Capital US is Paid Commission. Inter Capital US agrees to pay via direct deposit to Agent. Inter Capital US is only responsible for compensation to Agent upon the successful funding of Agent’s referral. Agent must have signed 1099 on file with Inter Capital US. Agent is not an employee of Inter Capital US.
The amount of compensation shall be the following:
$500 Referral Fee for deals that are referred to Inter Capital US but not fully worked by the referral source.
Up to 5 Points on MCA deals.
Up to 1 point on Equipment financing/ sales leasebacks.
Up to ½ point from Inter Capital US’s Commissions for Commercial Real Estate and Corporate Finance Transactions.
Up to ½ point from Inter Capital US’s Commissions for on Small Business Loans and Revenue Based Lines of Credit.
Up to 2 Points on the Unsecured Credit Lines that are Business Credit Card program.
Up to 3 Points on the Fin Tech Cash Credit Line program from 1k.
Agent: Company Name: Address: Telephone: Email:
Leave this empty:
Your legal name
Your email address
Signed by Robert Ferra
Signed On: June 24, 2020
If you have questions about the contents of this document, you can email the document owner.
Document Name: Referral Broker Agreement
Agree & Sign