Don't wait - get paid now
New Zealand’s Only Advance Sales Commission Facility
Conditional and unconditional sales.
Simple setup and early payment requests.
We can cater for sales that don’t proceed.
A cost effective way to get paid early.
Early commission payments brings significant benefits
Getting paid sales commissions early offers significant benefits.
With the ability to receive conditional and unconditional sales contract commissions up to three months in advance, you gain financial stability and freedom to make strategic decisions. The early payment enables you to make immediate investments, such as marketing or hiring, without financial concerns.
This empowers you, and other salespeople, to focus on closing deals, growing business, and increasing your financial security.
How It Works
- Setup
- The sale is made – conditional or unconditional
- Email us the sale agreement with commission specifics
- Sign and return our loan agreement
- We deposit the commission to your account
- We are repaid when the commission is paid.
Rewarding Your Hard Work
If you need to cover your living expenses and meet your financial responsibilities, waiting for your commission after a sale can be hard. Usually, the process can take some time due to complex sales or buyers‘ conditions. Fortunately, Fifo Capital has a solution to this issue.
FAQ's for Commission Advance
Fifo Capital is an innovative finance company that has developed New Zealand‘s only commission advance payment facility, specifically for salespeople, to help them manage their own cash flow and access commissions early.
How do I qualify?
Please click the Setup link below and fill out the form, attaching any necessary requested documents. This is an easy application process, with a success rate of over 95%. Once you have submitted your application, we will be in touch with you regarding the next steps.
What security is required to advance commissions?
Advancing sales commissions carries a risk, so we require the branch manager or administrator to verify the sales contract and ensure that the calculated commission is accurate before advancing any sales commissions, and the personal guarantee of the recipient of the commission payment is also necessary.
To advance commission payments on conditional contracts, we need the right to register a caveat on a property owned by the recipient of our advance if repayment is not made when expected. We shall only register the caveat if repayment isn’t forthcoming, and we have not agreed an acceptable repayment plan of the advance.
What are the fees?
There are no setup costs, and once you have been set up, you can request an advance on your pending commissions.
You do not have to pay anything until you have submitted a request and we have given you an early payment.
The only fee you will pay is an Advance Fee, unless a repayment is not forthcoming, and our agreement falls into default.
The Advance Fee will depend on the number of months between the time we advance you funds and when repayment is expected – this can range from one to three months.
How much of the commission will I be paid in advance?
We will pay you the full commission amount due to you, minus the Advance Fee, within a targeted two-hour window from when you apply.
Join with others to receive early commissions.
Need an Advance? Give Us a Call.
Why Fifo Capital
for Your Business Success
Smart products and fast turnaround is only half the picture. To get the best outcome, we are experts who specialise in 360 thinking for finance needs. We make funding solutions to fit your needs.
One on One Commitment
Relationships count. Deal with a dedicated industry expert who understands your business and makes decisions.
Get Quick Answers
No waiting – after hearing your needs and plans, we give immediate answers if we can help and what is required from you.
Partnering With Your Bank
If your bank is involved, we work hand in hand with them – for those times when traditional finance isn’t geared to meet your needs.
Who we have helped
“The Fifo Capital team have always been a great finance partner and have constantly provided us with flexible terms and fast approvals. We have been extremely happy with their service and would certainly recommend them to any others looking for finance.”
Manufacturer
“We are writing to thank you for the fantastic service you provided to our logistics business. We found your staff to be extremely knowledgeable about our industry, and your flexible repayment options enabled us to secure the funds we needed in a timely manner. Thank you.”
Transport logistics operator
“I am writing to highly recommend Fifo Capital for businesses like mine. I have been trading commodities for over 10 years and have used Fifo Capital to finance my business for the past few. Without fail, they always provide exceptional service. They have a great understanding of the market and are able to meet my needs.”
Commodity trader
“As a property investor I have been impressed with the quality of service Fifo Capital provides. They are knowledgeable, professional, reliable, fast, and understand my need to hold property while undertaking consent approvals. They are easy to work with.”
Property investor