ClientCredit is a "Buy Now, Pay Later" payment solution that allows you to offer your clients an automated payment plan, while you get paid 100% of the invoiced amount upfront.
Enrolling in ClientCredit
In order to offer ClientCredit in your firm, the owner of the LawPay account must first activate it by enrolling in the ClientCredit program. To do this, please contact support to sign the terms and conditions. Once submitted, the account owner will be notified within 1-2 business days when ClientCredit becomes active in the account (subject to eligibility).
On your firm's payment page, your clients will see an option to "Pay Later," which will direct them to a web application. Your clients will be asked to provide a few details and they will get a real-time decision. Applying for ClientCredit will not affect your client’s credit score. Please note that, currently, ClientCredit is only available on your payment page.
Upon approval, ClientCredit will pay 100% of the invoiced amount to your firm. You will receive the funds in your bank account within 3-5 business days.
ClientCredit can issue a loan no less than $150, and no greater than $17,500.
Both partial and whole refunds are supported. The payer will be refunded the appropriate amount based on what has already been paid.