Ask five brokers how they get paid and you will hear five versions of a grid. Points on the buy rate. A bump if you hit this month’s volume. A haircut on SBA because “that desk is different.” A holdback on early default. None of that is illegal. All of it is hard to forecast, which is why so many shops cannot tell you what last Tuesday’s deal actually earned until the statement lands three weeks later.
Loanable’s partner economics are not a grid. They are a 50/50 split of Loanable’s profit on each funded deal, paid every Monday via ACH, with no minimum payout. The same split applies whether the file is a merchant cash advance, a term loan, a line of credit, equipment financing, or SBA. Loanable is not the lender; profit here means what Loanable earns on the funded placement, split with the partner who owns the referral code.
How tiered grids hide the real number
A typical ISO schedule quotes a strong split in the highest volume band. New brokers and small shops live in the bottom band. The pitch deck shows the top row. Your first quarter pays the bottom row. Product carve-outs make it worse: MCA might pay the advertised split while a term loan or equipment file pays a finder’s fee that would not cover the time you spent collecting invoices.
Grids also change without a conversation you would recognize as a negotiation. A funder re-prices a program, your “preferred” buy rate moves, and your residual on that file is now a different number than the one you quoted your own producer. If you cannot show a producer the math on a funded deal, you will lose that producer to someone who can.
What 50/50 of marketplace profit actually means
On Loanable, you do not buy a rate and then mark it up. You send the owner to your unique partner link. When a lender in the 150+ network funds the file, Loanable’s profit on that placement is split evenly with you. You can see the deal in the partner dashboard instead of reconciling a PDF at month end.
- No volume band that improves the split after you already did the work
- No product where the split quietly gets worse
- No minimum ACH — a single funded file still pays on Monday
- You are not required to fund, underwrite, or hold paper
What this is not
It is not a promise of a dollar amount per deal size. Pricing moves with the lender, the risk, and the product. Quoting a producer “you will make X on a $200,000 advance” is how shops get into arguments. Quote the mechanic: half of Loanable’s profit, same rule on every product, paid Monday. Let the dashboard show the result after the lender funds.
Cash flow for a broker shop
Monthly residuals train you to run a receivables hobby. Weekly ACH trains you to run a shop. If a file funds this week, the commission is in the Monday cycle rather than sitting until the last day of the month behind a minimum threshold. That matters when you are paying a junior broker or covering lead cost on a file that took two weeks to document.
Loanable remains a marketplace. The owner’s contract is with the funding provider, not with you and not with Loanable as lender of record. Your job is still to send clean files and to stay in the conversation if you want control of the client experience. The commission structure is the part that should not require a decoder ring.
Want a commission structure you can explain in one sentence? Join the Loanable partner program and use a unique partner link on every submission.