60 / 40 Terms & Conditions

1. Promoter

This incentive scheme is operated by Crystal Specialist Finance (“the Company”).

2. Purpose of the Scheme

The purpose of this scheme is to re-engage existing broker partners who have not submitted business during the 2026 calendar year, and to encourage renewed activity and ongoing relationship development.

3. Business to Business Scheme

  • This incentive scheme is a business-to-business (B2B) arrangement and is only available to professional intermediary partners (brokers) or registered introducers of the Company.

  • It is not a consumer promotion and is not available to retail customers.

  • Nothing in this scheme constitutes a financial promotion or offer made to consumers.

4. Eligibility

  • This scheme is available to broker partners who:

    • Have previously submitted a fully packaged case enquiry to the Company; and

    • Have not submitted any new leads or cases between 1 January 2026 and 9 June 2026 (inclusive)

  • The Promoter reserves the right to verify eligibility and exclude brokers who do not meet these criteria.

5. Incentive Period

  • The scheme runs from 6th July 2026 to 30th September 2026 (inclusive) (“Incentive Period”).

  • Any qualifying cases must be submitted and applied to the Company during this period to be eligible.

6. Incentive Structure

  • Eligible brokers will receive up to 60% on Packaged cases:

    • The Crystal Fee, and

    • The Broker fee, and

    • The Procuration Fee on qualifying cases submitted during the Incentive Period.

  • The exact percentage payable (“up to 60%”) may be determined by the Company at its discretion, taking into account individual case or commercial factors where applicable.

7. Qualifying Cases

  • The incentive applies to all cases applied with the Company within the Incentive Period, provided they proceed through the standard process.

  • Re-opened Cases:

    • Where a case is submitted during the Incentive Period, subsequently closed, and later re-opened, it will remain eligible for the incentive.

    • However, where a case is re-opened more than 6 months after closure, it will be treated as a new case and will be subject to the Company’s standard commission terms and not eligible for this incentive scheme.

8. Bespoke Agreements

  • Where a broker has an existing bespoke or negotiated commercial agreement with the Company, the terms of that bespoke agreement will take precedence over this scheme unless otherwise agreed in writing.

9. Payment Terms

  • All incentive payments will be made in line with the Company’s standard payment cycles, being:

    • 1st of the month, or

    • 15th of the month

  • Payments will only be made once:

    • The relevant fees have been received by the Company, and

    • All applicable conditions have been satisfied in accordance with standard business practices.

10. General Conditions

  • The Company reserves the right to:

    • Amend, suspend, or withdraw the scheme at any time, where reasonably necessary

    • Refuse or adjust payments in cases of error, misuse, or non-compliance

  • Participation in this scheme does not:

    • Guarantee ongoing commission arrangements beyond the Incentive Period

    • Create any contractual obligation beyond standard broker terms of business

11. Compliance & Conduct

  • Brokers must at all times:

    • Act in accordance with applicable regulatory requirements, including FCA rules where applicable

    • Comply with the Company’s Terms of Business and submission standards

  • Any breach may result in disqualification from the scheme and forfeiture of payments.

12. Governing Law

These terms are governed by the laws of England and Wales, and subject to the jurisdiction of its courts.