Summary1. Activate the draw process |
1. Activate the draw process
As a program manager, when creating a program, you have the option to activate the draw management process. To do so, go to the program > “manage program” > “program identity” tab. Then check ‘Yes’ for “Program with draw.”
Once your program has been distributed, you will no longer be able to change your selection.
2. Create a draw
Draw management is carried out on the program's home page, in the Draw(s) section. You can create new draws throughout the program's distribution, modify existing draws, and adjust filters.
If the total amount of the draws exceeds the budget, the platform will block your action.
Once a refinancing project has been linked to a draw, you can no longer delete the draw in question.
3. Affect a financing object to a draw
As soon as you get a reservation, no matter what its status is, you can assign its financing items to a draw. Once the entry is saved, the items are tracked in the “Loan servicing” section and visible to the distributor.
If the amount of the financing object exceeds the available amount of the draw, the platform will block your action.
4. Export draw data
You can use the reporting module at any time to extract data contained in Debt Eligibility, including data relating to drawdowns.
To do this, include the fields in the “Draw” category in your export templates.
5. Import advance number
An import file “advance number,” is also available, allowing you to track information related to advance requests for this program. Once the items have been imported, they are visible to the manager and distributor in the “Loan servicing” section of the reservation.
These fields can also be exported under the “Advance” category in the reporting module.
Would you like to learn more about how to export or import data? See the article: How to use the Debt Eligibility reporting tool