Earn up to 100% of clients first payment with Hamilton Locke
There are now two great ways to earn with Hamilton Locke:
Option 1 - Standard Commission
Earn 100% of clients first payments when completing 5 or more Debt Management cases per month, complete 1 to 4 Debt management cases per month earn 75% of the clients first payments received by Hamilton Locke.
Option 2 - Monthly Trail Referral Fee
Earn 50% of the clients 1st monthly payment + £15 per month trail commission (subject to trail commission terms).
Debt Management
We understand that in today’s market cash-flow is an important part of a brokers business, which is Hamilton Locke have decided to increase the amount paid to introducers upfront. You will now receive 100% of the clients first monthly payment (instead of 50% previously) meaning commissions will be doubled and will reach you quicker – improving cash flow.
Please note: This is for all new business and will not affect any existing trail agreements already in place – these will still be honoured.
Protected Trust Deeds (PTD)
- A Protected Trust Deed is available to clients residing in Scotland.
- A referral fee of £300 will be paid to the introducer once a PDT has been approved by the creditors.
Learn More
You don't need to have a case to become an introducer at TCF.
If you are already registered with TCF and want to submit a case our dedicated team are ready to help.
Terms & Conditions
To qualify for trail commission Introducers must complete 1 debt management case per quarter, trail commission is not payable on cases submitted on options 1 and cases submitted on option 2 do not qualify for the additional 25% incentive for completing 5 or more debt management cases. A completed IVA is a case passed at meeting of creditors. A completed bankruptcy cases is a case accepted in court. Client first payment means first months calculated disposable income applicable to the clients agreed debt management plan only.
In order to receive both the initial indemnity payment and ongoing monthly trail referral fees applicable to DMP completions, an Introducer must agree and adhere to the terms and conditions defining a "live" agency with Hamilton Locke.
"Live" agency definition – an Introducer must:
- Sign and return a copy of the Hamilton Locke trading agreement
- Provide Hamilton Locke with a copy of a Consumer Credit Licence displaying the correct company name/trading style
- Provide The Hamilton Locke with current contact information and subsequent updates upon change of address or contact details
- Agree to receive marketing literature and information relating to the products and services available through Hamilton Locke
- Agree to use the services provided by Hamilton Locke exclusively for all further debt solution referrals identified
We reserve the right to review referral fee structures on a monthly basis.