Drawing from line of credit

Run this process any time you want to borrow a flexible loan from a bank or financial institution

2 steps

Process steps

1

Submit draw request

5 days from previous step
task
Fill out the draw request form with the exact amount you need. Check your available balance first - requesting more than what is available wastes everyone's time. Include the purpose of the draw and when you expect to repay it.
2

Get bank approval

5 days from previous step
task
Wait for the bank to review and approve your draw request. Most approvals happen within 1-2 business days. If they need more information, respond quickly to avoid delays. Keep track of when you submitted the request.

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