Referral Programme

Biztech is providing more opportunities for active members to increase their earning potential. Active investors (and borrowers) can earn through the referral program.

 

Referring a(n) Investor

The earning potential of Investors depends on two factors:

• In regards to the rates, the amount the referred investor invests and the amount the active investor puts in will determine the rate the active investor will receive as commission
• The value to which the rate that is applied is based on the amount invested by the recommended investor

Years 1 to 2

Bonus Structure		Total investment by Investor per quarter
		$30,000.00 - 100,000.00	$30,000.00 - 100,000.00	$30,000.00 - 100,000.00
Total investment by referred investor in a quarter	$10,000.00 - 100,000.00	%1.00	%1.25	%1.50
	$100,001.00 - 300,000.00	%1.25	%1.50	%1.75
	More than $300,001.00	%1.50	%1.75	%2.00

Year 3

Bonus Structure		Total investment by Investor per quarter
		$30,000.00 - 100,000.00	$30,000.00 - 100,000.00	$30,000.00 - 100,000.00
Total investment by referred investor in a quarter	$10,000.00 - 100,000.00	%0.75	%1.00	%1.25
	$100,001.00 - 300,000.00	%1.00	%1.25	%1.50
	More than $300,001.00	%1.25	%1.50	%1.75

Years 4 to 5

Bonus Structure		Total investment by Investor per quarter
		$30,000.00 - 100,000.00	$30,000.00 - 100,000.00	$30,000.00 - 100,000.00
Total investment by referred investor in a quarter	$10,000.00 - 100,000.00	%0.50	%0.75	%1.00
	$100,001.00 - 300,000.00	%0.75	%1.00	%1.25
	More than $300,001.00	%1.00	%1.25	%1.50

 

Investor refers a Borrower

For approved referred Borrower by Investors:

• Up to 1% of loan amount finally disbursed to the Borrower.
• Fee will be only paid for the Borrower to whom loan is finally disbursed. If the loan is rejected during evaluation or prior disbursal, no fee will be paid
• Investor doing the investment shall mean, the Investor actually entering into a loan agreement with the Borrower and disbursing the agreed loan amount as per the terms & conditions of the Loan Agreement.
• The fee may be revised by Biztech at its sole discretion and without prior notice and same shall be effective from the date of the display of the same for the public view which may be through the amendment/variation of these terms.
• The fee shall always be inclusive of all your cost and expenses and applicable taxes, and fees.

Beyond Year 1

Bonus Structure		Total investment by Investor per quarter
		More than $0.00
Total investment by referred investor in a quarter	More than $0.00	%1.00

 

Borrower refers a Borrower

For approved referred Borrower by borrowers:

• Can receive up to 3% cashback (cash and not Biztech dollars), when both parties closed their loan on time or at the discretion of the company.

Beyond Year 1

Bonus Structure		Total investment by Investor per quarter
		More than $0.00
Total investment by referred investor in a quarter	More than $0.00	%3.00

Additional Terms

• Is Valid for active participants on the platform, who are also in good standing with the company. Lenders cannot withdraw more than their available balance at the end of the contract or declaration of early withdrawal
• The fee may be revised by Biztech at its sole discretion and without prior notice and same shall be effective from the date of the display of the same for the public view which may be through the amendment/variation of these terms.
• All referrals will be valid for a period of 3 (up to 5) years from the time and date of referral and at the discretion of Biztech. The Referee needs to register within a period of the aforesaid days.
• The Referred borrower should not be spouse, blood relative (Father, mother, unmarried sister, unmarried brother), or any entity owned or controlled by the Referrer.
• The Referred lender must invest out of own earnings. Referrer must not route his own money through the Referee.
• The fee may be revised by Biztech at its sole discretion and without prior notice and same shall be effective from the date of the display of the same for the public view which may be through the amendment/variation of these terms