Pay Later is a legal fee lending solution that allows you to offer your clients an automated payment plan, while you get paid 100% of the invoiced amount upfront.
Enrolling in Pay Later
To enroll in Pay Later, please have the owner of the account contact support to sign the terms and conditions. Once submitted, the account owner will be notified within 1-2 business days when Pay Later becomes active in the account (subject to eligibility). You can reach our support team at support@lawpay.com or 800-459-5798.
Client Application
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 legal fee financing will not affect your client’s credit score. Please note that, currently, Pay Later is only available on your payment page.
Processing Time
Upon approval, Pay Later will pay 100% of the invoiced amount to your firm. You will receive the funds in your bank account within 3-5 business days.
Loan Amount
Pay Later can issue a loan no less than $150, and no greater than $25,000.
Refunding
Both partial and whole refunds are supported. The payer will be refunded the appropriate amount based on what has already been paid.
For more information on using Pay Later in LawPay Pro, click here.