Streamlining The Process
How It Works
Attorney Customized Loan Docs Just Got Easier
We want you to understand how efficient the loan document process can be. With HAL Docs Loan Docs you know when to expect your attorney customized and approved documents and exactly how much they will cost.
The Custom Loan Doc Process
HAL Docs provides banks with attorney customized and approved loan documents with a simple process.
Step 1 - Request Documents
The bank sends the doc request (including credit memo, entity docs, and due diligence materials (title commitments etc.)) to HAL Docs.
Step 2 - Structuring
A HAL Docs attorney reviews the bank materials and determines appropriate transaction structure, selects the proper base loan forms, identifies any necessary customization, and conducts base due diligence review.
Step 3 - First Draft
The HAL Docs processor team follows attorney instructions and uses Aeon technology to create the first draft of the loan documents.
Step 4 - Review and Customize
HAL Docs attorneys review the draft loan documents packages.
Step 5 - Delivery
The final loan packages, together with a delivery letter confirming that the loan packages are consistent with the bank’s internal approval and when properly processed will provide the bank with the security position they expect, and identifying any significant open issues, are delivered to the bank.
No Setup Needed
Banks engage HAL Docs the same way they engage a traditional law firm. No special setup is needed. HAL Docs is a direct LaserPro licensee. So, for loans on LaserPro, we can build on our platform. HAL Docs can also build loans directly on a bank’s LaserPro install, via a secure VPN.
All Commercial Loan Types
- Commercial Real Estate
- C & I
- Portfolio Based Loans
- Revolving Lines of Credit
- Loan Modifications / Change in Terms
- Loan Assumptions
- Condo Conversions
- Intercreditor Agreements
Our Process Is the Difference
With HAL Docs, you know when your loan documents will arrive and (because of tiered pricing) exactly how much they cost.
Formats
Loan documents offered in these formats:
- LaserPro on bank’s LaserPro install via VPN
- LaserPro on HAL Docs' LaserPro platform
- Your bank’s custom Word forms
- HAL Docs Forms
Pricing
Know the cost of loan documents upfront.
- Pricing is based on the loan amount
- Pricing established at front end
Delivery
Loan documents delivered on time.
- 3 business days - standard delivery
- 1 business day - expedited delivery (additional cost)
Security
We employ industry-leading AES-256 encryption for data at rest and in transit. This advanced encryption algorithm ensures that your sensitive data remains protected from unauthorized access. If the bank wants HAL Docs to use the bank’s LaserPro install, our Tech Team will work with the bank’s IT department to establish secure VPN access, and incorporate the bank’s security protocols (in addition to the HAL Docs security protocols). HAL Docs is linked into the bank’s internal LaserPro install for a number of our customers.