Assertion Supported AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Porat: Alternative loan commissions run 2-5% vs under 1% for traditional banks

Sean Porat · EP 470: How He Got 10,000 Interested In Product Before Launch with Scorely CEO Shawn Porat · Nov 6, 2016 · at 10:22

Shawn Porat, founder and CEO of Scorely, explains the referral commission payout structure across commercial banks and alternative lending platforms.

0:00 / 0:10exact quote · 10.4s

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“For the more traditional lenders, the commission is much lower. Usually it's a half a percent or less or one percent. For the alternative lenders, it's usually closer to two to five percent.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

Broker commissions for traditional lenders are typically 0.5% to 1% or less, whereas commissions for alternative lenders are usually between 2% and 5%.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

Both components of the claim accurately reflect commercial lending broker commission standards around 2016. Industry compensation schedules and commercial lending guides confirm that broker and referral commissions for traditional bank loans and conventional originations typically ranged from 0.5% to 1.0% (compressing to 0.5% or less on larger transactions). In contrast, fee schedules and partner program filings (such as OnDeck's SEC-disclosed Funding Advisor Program and broader fintech/MCA broker grids) show that alternative lender commissions typically ranged between 2% and 5% (and occasionally higher).

Commercial lending guides show standard broker and referral fees for traditional bank loans and conventional originations typically ranged between 0.5% and 1.0%, compressing to 0.5% or less on larger placements.
Alternative and fintech lending fee schedules and SEC filings (such as OnDeck's 2014-2016 Form 10-K disclosures) document base broker commissions typically ranging from 2% to 5% of funded loan amounts.

Checked against

[1] stratmorgroup.com [2] avanacapital.com [3] gosbaloans.com [4] capitalax.com [5] avanacapital.com [6] sendstrike.ai [7] levr.ai [8] sec.gov

fintech small business loan broker commission percentage 2 5 percent commercial lending broker commission traditional bank vs alternative lender 2015 2016 2017 bank business loan referral fee broker commission percentage 0.5 1 percent OnDeck broker commission referral fee percentage partner program 2015 2016

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

alternative lenders traditional lenders

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Assertion Partly supported

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Disclosure

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