The AFL Group has signed a Master Introducer Agreement with the NAB which means:
- Any club can refer customers, friends ,family to their local NAB branch for home loans, investment loans, overdrafts, construction loans and business loans by simply providing a name and phone number...NAB will do the rest (minimum loan $50K)
- Any loan that is approved and settled - the club will receive .66% (inc GST) of the loan amount - for example a $500K home loan will provide $3300 in revenue direct to the club
- Commissions are paid on the 20th of each month for loans drawn down on the previous calendar month
- Clubs do not need to sign any Agreements or provide any Insurance - this is covered and accounted for under the AFL Master Introducer Agreement
- Any referrals MUST advise NAB the specific club name and they will do the rest
- Mobile bankers are available for after hours and weekend appointments along with walk in capability at most larger Branches throughout NSW/ACT
- Personal Bankers will manage the relationship and offer competitive pricing
- NAB are keen to support us and already clubs are benefiting from the revenue they have received
Please download and read through the attachment, and also please be aware that the commission rates in the document have changed for loans – it is now .66% not .44% as mentioned in the attachment.
If you would like to get involved, please refer your friends and family to your local NAB branch and make sure that the person/people you refer advises NAB your clubs full name.
If you have any questions about this initiative, please do not hesitate to contact Chris Mintern on 02 8333 8029 or chris.mintern@aflnswact.com.au
Information provided by the NSW AFL.
Last Modified on 28/02/2010 20:30