The Benefits To Your Club
The more people you refer to us, the bigger the financial benefit to your community group. Think about it, if 10 people you’ve referred take out a loan and nominate your club to receive the benefit, the bigger the amount we pay to your club each quarter.
*Example based on 10 home loans of $250,000 over 25 years, an interest rate of 5.00% p.a. and 0.20% is the partner’s share based on the loan balance. An amount of $4,950 is paid in the first year. As the loan balance decreases, the contribution amount to the club will reduce.
When it comes to fundraising every dollar counts, so even one home loan referred by you will benefit your club over time. Over five years your fundraising efforts could add up to over $2,000 just from one referral.
*Example based on an average home loan of $250,000 over a 25 year period, an interest rate of 5.00% p.a. and 0.20% is the partner’s share based on the loan balance. The total amount paid over a five year period equates to $2,363. As the loan balance decreases, the contribution amount paid to the club will reduce on a per annum basis but continue to grow in total.
How will you know who I’ve referred?
Too easy. All you need to do is provide your club name to the person you’re referring. Once we have the club name and their loan is funded, we’ll start paying your club on a quarterly basis. Don’t worry, we won’t share any of your personal information with the club.
The best thing about this program is that it’s not restricted to the members of your community group. Your parents, family members, work mates, friends and neighbours can all use your club name when taking out a loan with us, and the benefits will all go directly back to your club.