Frequently Asked Questions

Slope is a financial technology company backed by JPMorgan that facilitates B2B commerce. By applying for Pay Later powered by Slope, you can access installment payment options, meaning your law firm is paid in full up front, while you repay over time. Slope is a financial technology company, not a bank. Business-purpose loans are made by Lead Bank and subject to credit approval. Subject to minimum revenue and business requirements. Fees vary based on risk assessment and loan term.

On completion of a successful application and agreement to terms, the invoice is paid upfront. This means your law firm gets paid, whilst you can pay over time. There are many advantages to paying invoices promptly:

• Smooth out lumpy payments and keep monthly payments in line with budget or projected cash flow.
• Free up capacity for further legal work.
• Negotiate discounts.

Decisions typically take less than 24 hours as long as all requested information, including banking data has been provided.

You can see the status of your application on the Tranch dashboard, simply log in https://tranch.com/auth/login, navigate to your invoice and you’ll see the following statuses:

Pending - application incomplete or being assessed by the underwriting team. If it’s been more than 24 hours since you completed your application, simply resume the application on the dashboard and the journey will prompt you for further information if required.

Processing - The application is complete and you have selected and confirmed loan terms. The loan requires final approval by Slope before payment can be made

Paid - Payment has been initiated, your supplier will receive the funds within 1-2 working days

Ineligible - Unfortunately you have not been approved for an installment payment plan, please proceed to pay the invoice in full.

For further information on a specific application, please visit your [Slope portal] or contact support at support@slope.com .

Slope uses risk-based pricing, meaning your rate is based on your business’s financial profile. For Pay Later plans, a flat percentage fee is added to the invoice total and split across 2–6 monthly installments. Pricing varies depending on the loan term you select. There are no subscription fees, and all costs are clearly displayed before you accept any offer. No hidden fees — just transparent, upfront pricing.

Apart from some basic information to create your user account, you’ll need company information including: Company Name, State of Incorporation, Tax ID, Address, Contact and Revenue details.

You’ll also need personal information, including social security number, for anyone who owns 25% or more of the equity interests of the legal entity, and at least one individual with significant responsibility to control, manage, or direct the entity (e.g., a CEO or CFO). Note this can be, and is often, the same individual.

Finally, you’ll need to be able to connect at least one bank account via Plaid.

Slope’s credit assessment relies on balance and transaction data alongside outdated credit reference agency data to gain a complete view of your business. So in order for you to receive credit approval quickly, you are required to connect all company bank accounts during the payment process.

Secure bank connections are facilitated by Plaid, who use the best-in-class encryption protocols like the Advanced Encryption Standard (AES 256) and Transport Layer Security, alongside user consent management and multi-factor authentication. Your bank login credentials are not shared with us or any of our technology providers and remain confidential.

Unfortunately, it is a minimum requirement to connect at least one business account for Pay Later Installment applications. If there is an error, please simply try again. Temporary Plaid connection issues are usually resolved within a few hours, however it may be prudent to wait 24 hours if an error persists.

If additional information is required, you will be contacted by the Slope credit team to complete your application.

Yes — Slope will run a business credit check as part of the application process. This includes a hard business credit pull when you first apply. Any future checks will be soft pulls and will not impact your business credit. These checks help Slope offer terms that match your business’s profile, and ensure responsible lending.

Soft personal credit checks are required under Slope’s know your customer and credit processes. These are limited to owners and company controllers. Soft pulls have no impact on credit scores. Although an individual can see soft pull “footprints” on their own file, they aren’t visible to other companies.

Personal guarantees are not required for all Pay Later loans. However, Slope reserves the right to require a personal guarantee as a condition of approval. Slope does not place liens on businesses in its ordinary course of business.

If you have questions about a specific Pay Later application, please reach out to support@slope.com.

When your terms were selected at checkout, you should have received an email outlining your payment schedule. You're also able to see your payment schedule in the Slope Customer portal at pay.slopepay.com

Slope is required to collect personal information including social security numbers for certain owners and officers to verify identity. All personal information is securely encrypted.

Verification of identity is required to comply with KYC (Know Your Customer) regulations in the US (Federal Law). KYC is a way of identifying and confirming that a customer is who they say they are. It’s a multi-step process that helps to prevent the creation and use of fraudulent accounts.

If your circumstances have changed, please feel free to re-apply. We recommend waiting at least 90 days before reapplying.

Yes — just log back into the Tranch platform and upload the new invoice. The new invoice will be reviewed by Slope within 1 business day.

Yes, you can do so by navigating to the ‘Users’ tab of the Dashboard. Once you complete their information, they will automatically receive a secure request to login. From there the new user can resume a Pay Later application or select any other available payment methods to pay the invoice.

For security reasons, Tranch only allows you to add another team member with the same email domain name. If you require access for a third party individual, for example your accountant, please email paymentsupport@elite.com.