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Financial Companies - How client funding works and key points to consider before asking for a loan

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Financial Companies - How client funding works and key points to consider before asking for a loan

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Questions and Answers

What should we do when a client requests a Loan?

Request loan to JF

Request a loan with one of the Financial Companies

Give the client money out of your pocket

Escalate first before requesting a Loan for Authorization Present a Quick 6/Vitals and reason for Loan (correct)

Why do we ask for loans?

Clients may require immediate funds to cover these costs, especially if the case takes time to settle. (correct)

To go to vacations

Needs money to get her nails done

For medical treatment

Once a purchase agreement is signed, what should be done next?

Call the client and let him/her know it will get deposited the same day

Call Negotiations department sos they can be aware

Fill in the Lien Tab on Filvevine (correct)

Nothing since the loan was accepted

What are the steps in requesting a loan with High Rise?

Send an Email with details of the case and the amount the client is requesting Signup and view all the answers

A loan can be more than 5% of the expected case recovery

False Signup and view all the answers

What should we do if a client is requesting an advance payment?

Always talk to your secondary or manager if a client is requesting a loan or advance Signup and view all the answers

Almost anyone injured because of another party's gross negligence and hires an attorney automatically qualifies for pre-settlement payments

Easy qualification Signup and view all the answers

They never ask for up-front fees to be paid

Risk-free funding Signup and view all the answers

The application process can be completed quickly and does not require any paperwork. People who have poor credit or unverifiable incomes may still apply.

Quick application process Signup and view all the answers

How can we request a loan from GRS Funding?

Giving them a call and discuss the case and provide information requested Signup and view all the answers