The payment frequency of Asset Finance commissions will vary depending on the lender. Connective will remit the funds to the Full Member once the deal or invoice has been paid in full.
Please note, some Quick AF commissions are not paid directly to Connective and there may be payment delays as we await confirmation of cleared funds.
Please refer to the below Lender schedule for more information. We will proactively chase confirmation when a deal reaches the expected payment window. However, if you wish to raise an enquiry, please contact the Commissions team via Comms@connective.com.au or your Asset Finance BDM.
Lender | Quick AF Only | Paid | Notes |
Angle Finance | On Settlement | ||
ANZ | On Settlement | ||
Australian Motorcycle and Marine Finance/ Yamaha | In Arrears | Origination & Brokerage is processed in the following month from settlement. Paid approximately 5th - 10th of the following month | |
Australian Premier Finance | Yes | Paid on confirmation of cleared funds | |
Automotive Financial Services / AFS | In Arrears | Origination & Brokerage is processed in the following month from settlement. Paid approximately 10th - 15th of the following month | |
Azora Finance | Yes | On Settlement | Paid on confirmation of cleared funds |
Bank of Queensland | On Settlement | ||
Bank of Queensland – Specialist Pty Ltd | In Arrears | Paid approximately 15th - 20th of the following month | |
Bank of Queensland - Leisure | Yes | In Arrears | Paid in the following month from settlement. Payment is made to the broker upon confirmation of cleared funds. |
Branded Financial Services | In Arrears | Origination & Brokerage is processed in the following month from settlement. Paid approximately 8th - 10th of the following month | |
Capital Finance | On Settlement | ||
Commonwealth Bank | On Settlement | ||
Earlypay | On Settlement | ||
Finance One | On Settlement | ||
Firstmac | On Settlement | ||
Flex Fleet | Yes | On Settlement | Payment is made upon confirmation of cleared funds |
Flexigroup | On Settlement | ||
Fox Symes | Yes | Paid on confirmation of cleared funds | |
Grapple | Yes | Paid on confirmation of cleared funds | |
Greenlight Auto | Yes | In Arrears | Second week of following month. Payment is made to the broker upon confirmation of cleared funds. |
Grenke | Yes | On Settlement | Paid within a few business days from settlement. Payment is made to the broker upon confirmation of cleared funds. |
Group and General Finance | Yes | On Settlement | Paid on confirmation of cleared funds |
Grow Asset Finance | On Settlement | ||
Iron Capital | On Settlement | ||
Judo Asset Finance | In Arrears | Approximately following week after settlement | |
Just Cashflow It | Yes | On Settlement | Paid on confirmation of cleared funds |
Latitude Financial Services | In Arrears | Origination & Brokerage is processed in the following month from settlement. Paid approximately 10th - 15th of the following month | |
LoanU |
Yes | Paid on confirmation of cleared funds | |
Lumi | In Arrears | Lumi pays every Friday following settlement. Funds will hit Connective's account on the next business day. | |
Macquarie Leasing (Commercial) | On Settlement | ||
Macquarie Leasing (Consumer) | On Settlement | ||
Medfin | On Settlement | ||
Metro | On Settlement | ||
Money 3 | In Arrears | End of the month | |
Morris Finance | Yes | On Settlement | Paid on confirmation of cleared funds |
Multipli | Yes | Paid on confirmation of cleared funds | |
NAB | On Settlement | ||
Now Finance | Yes | In Arrears | Paid in the following month on the 29th from settlement. Payment is made upon confirmation of cleared funds. |
Odin | Yes | In Arrears | Paid in the following week form settlement. Payment is made to the broker upon confirmation of cleared funds. |
OnDeck Capital | Direct to Broker | ||
Pepper | On Settlement | ||
Plenti | In Arrears | Paid in the first week of the following month. For example, January settlements will be paid in the first week of February. | |
Propsa | On Settlement | ||
Resimac | Yes | On Settlement | Paid on confirmation of cleared funds |
Royal Automobile Club of VIC | Yes | Paid on confirmation of cleared funds | |
Scottish Pacific | On Settlement | ||
Selfco Leasing | On Settlement | ||
Shift | On Settlement | ||
Silverchef | Yes | In Arrears | Paid in the following month from settlement. Payment is made to the broker upon confirmation of cleared funds. |
SocietyOne | Yes | On Settlement | Paid on confirmation of cleared funds |
Speedy Finance | Yes | Paid on confirmation of cleared funds | |
Suncorp CAF | In Arrears | Paid in the following month from settlement. Payment is made to the broker upon confirmation of cleared funds. | |
Volkswagen Financial Services | Yes | In Arrears | Paid in the following month from settlement. Payment is made to the broker upon confirmation of cleared funds. |
Westpac Equipment Finance | On Settlement | ||
Wisr | In Arrears | Settlements are processed every Thursday following settlement | |
Zip Business | On Settlement |
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