Creating and transferring draws

Creating and transferring draw is a process of tracking and managing allocated funds within a project.

Note: Ensure that:

• Full access is provided to the following permissions:

• Draws

• Draw Rule Status

• Read only or full access is provided to the following permissions:

• Portfolio Page & Deal Creation

• Deal Overview

• Document Management

• A deal is created.

• A deal has a finalized draw schedule.

• A deal has a Capital Stack with Funding Sources.

This topic includes the following sections:

• Creating a draw

• Managing draw requests

• Adding draw disbursements

• Dispositioning the status of rules on a draw

• Adding documents to a draw

• Updating the draw risk level

• Transitioning the draws status

• Adding a new approval

• Downloading a draw package

• Commenting on a draw