Partners are paid 50% on all commissionable sales. Commission payments to partners are paid each month on the 1st.
Once the vendor pays CBG, we will reconcile it to our reports. Therefore, commissions will be payable the month following CBG’s receipt of the payment, on the first of the following month.
(i.e., for a sale made in the month of January, CBG is paid in February, CBG reconciles the payments in March and pays the partner on April 1st)
Payments shall not be disbursed unless the accumulated amount owed reaches a minimum threshold of five dollars ($5.00). In the event that the specified threshold has not been met by the conclusion of the calendar year ending in December, the accumulated balance shall be reset to zero.