Commission Statement

Compass Business Finance Limited are an independent lender and a finance broker.

As an independent lender, we may lend to you directly, however, where a broker is involved, your broker could receive a commission or other type of payment for introducing you to us. Please contact them for further details. In certain circumstances they are required to give you information about the nature of any such commission arrangements.

As a credit broker, we can introduce you to a limited number of lenders and their finance products. We are not an independent financial advisor. We may inform you about certain products we believe are suitable to your company’s circumstances, though you are not obliged to follow our recommendations.

We do not charge you a fee for our services. Whichever lender we introduce you to, we will typically receive commission from them (either a fixed fee or a fixed percentage of the amount you borrow).

For your reassurance, all of the lenders we work with could pay commission at different rates, but the commission we receive does not influence the interest rate you will pay. Our aim is to secure finance for you at the lowest interest rate you are eligible for from our panel of lenders.

Last updated: 15 December 2022

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