Application Process

Premium Client Application Process

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Prequalify

Once your client has expressed the need for a flexible payment plan, let’s get them prequalified!

Your law firm is provided a dedicated online application page that can be linked to your website and accessed by any device. As long as the borrower (or co-borrower) is 18 years of age or older, currently employed with proof of income ($2,000+ per month) and has not declared bankruptcy in the past 2 years – they’re prequalified to apply for legal Law Climb!

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Apply

Your custom application page uses a Secure SSL encrypted connection so you can rest assured that any information your clients’ submit is safe and confidential.  

In addition to unsurpassed security, your clients’ can also pull their free credit report, add a co-borrower, request additional funds for other legal needs (court costs, fines, etc.), or even opt for a secured loan option if they own a home or property.

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Submit Application

After the appication is completed and all of the required fields are filled out, we’ll take it from here!

Your dedicated underwriters will deal directly with the client via phone or email to correct any errors that were made or to gather any additional information if needed.

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One Application, One Credit Pull – Multiple Lending Options

The Attorney Premium Loan Management Center automatically applies the loan application to an “A” lender first, if approved the process stops, if declined the system will send to a “B” lender, then “C & D” until an approval is sent back. 

Only one application needs to be submitted and we’ll notify your clients’ if a co-borrower is needed or if they’re simply declined all together.

Pro Client Application Process

featured project

Prequalify

Once your client has expressed the need for a flexible payment plan, let’s get them prequalified!

Your law firm is provided a dedicated online application page that can be linked to your website and accessed by any device. As long as the borrower (or co-borrower) is 18 years of age or older, currently employed with proof of income ($2,000+ per month) and has not declared bankruptcy in the past 2 years – they’re prequalified to apply for legal Law Climb!

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Retrieve Approval

Once they’ve completed the verification, your law firm will receive an email notice that the customer is approved!

Initiate the sale by entering their driver license number in the ‘Start Sale’ box.

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Pre-Approved Spending Limit

After initiating the sale, your client will be issued a pre-approved spending limit and approval tier. We also provide your firm with a payment plan calculator to determine the bi-weekly (or monthly) payment amount and term, repayment plans range from 3-12 months and have 3 tiers of approval.  

*As you can see from this example, Mr. Smith needed $1,000 to retain this firm but was pre-approved for $3,000. Not only will this client be able to move forward with his legal needs, the law firm can offer additional legal services that he may not have been able to afford!

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Down Payment & Terms

Once the sale amount has been determined by you and your client, the payment schedule summary is displayed. The plan calculator shows the required down payment and the number of additional payments needed to repay the loan. We collect all payments and fund your firm according to the approval tier parameters.

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Rates & Fees

We do not charge interest. The law firm is charged a guarantee rate of no more than 15% on annual sales which can be rolled back into the price of services as a “Plan Fee”. The rate is fixed so the total percentage for the year is 15% plus a one time $35.00 service fee.  

By default, the guarantee rate charged is added to the total sale as a Plan Fee to be paid for by the customer resulting in you receiving the full cash sale amount. It’s all automatic so there is no need to do any math.

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Submit

Click “Submit Payment Plan” to generate a compliant, payment plan contract. Have the client sign and submit the listed documents to underwriting by fax, e-mail, e-sign or use the upload feature on your account page. We ask for the ID when the client applies. If not sent, you’ll be asked to send it too along with the invoice. 

As you can see, the total amount that Mr. Smith will pay over 12 months is roughly $1,185 to setup a one thousand dollar payment plan!