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How does the 1% finder’s fee work?

Finder's fee is only applicable to business owners and franchises when they successfully close a deal with an investor/buyer introduced by SMERGERS and this is applicable at all points of time, irrespective of whether the profile is live or closed.

1% of the total deal/investment amount or INR 30,000 (or USD 400), whichever is higher, plus taxes as applicable is payable by the business to SMERGERS immediately after receiving the initial amount or signing of definitive agreements, whichever is earlier. In the case of rental deals, the total first-year rent is considered as the deal amount.

Kindly note, that finder’s fee is not applicable to investors/buyers and advisor listed businesses. 

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