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Why Sorbus / Trust and transparency

How Is Sorbus Finance Paid?

The short answer

Sorbus may receive commission from a lender, and an occasional broker fee may apply; any commission and agreed fee are disclosed in writing before proceeding.

A transparent explanation of lender commission, potential broker fees and when Sorbus discloses its remuneration.

01 / In detail

Lender commission

Sorbus may receive commission from a finance provider when it introduces a customer who completes a finance agreement. The commission may be fixed or variable, and can affect the price or monthly amount payable by the customer.

Sorbus discloses the commission before submitting an application and asks the customer to confirm informed consent. If the quote changes, for example because the term or deposit changes, a revised quote and commission disclosure may be issued.

02 / In detail

Broker fees

For most commercial finance transactions, including asset finance and business loans, Sorbus does not charge a broker fee directly to the customer. In some cases an arrangement fee may apply. If it does, the fee is set out in writing before the customer commits to an application, and is subject to the customer’s informed consent.

Do not assume a fee applies or does not apply to a particular case: Sorbus will explain the terms for the specific service before proceeding.

03 / In detail

Why transparency matters

Commission creates a potential conflict because different lenders or products can pay different remuneration. Customers should consider the disclosed cost and finance terms for themselves. Sorbus is a broker, not a lender, and does not provide personal advice or recommendations.

Talk it through

A question about your business?

Tell us what you are looking to fund and why. We will start with your requirement, not a product application.

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