Draw Process

Wrench

STEP ONE
REQUESTING A DRAW

Once construction has begun on the project, you can begin requesting funds for work that has been completed. Head to our client portal to find your budget and available funds in escrow. Before filling out a request, be sure to have a lockbox code and bank information on hand! You will receive a confirmation email once the inspector has your request.

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STEP TWO
PROCESSING A DRAW

Our team will have funds released to you within four business days starting the day after you request inspection. We give our inspectors 48-72 hours to complete an inspection and can have inspection reports back immediately.

Money Gift

STEP THREE
RECEIVING YOUR FUNDS

Once your inspection is complete and your construction analyst has reviewed the progress report, you will receive an email to confirm a wire will be released. Should your analyst need additional information on the request, you will receive an email or phone call. All wires are released around 4:30 PM EST, and your portal will be updated with the amount approved, broken down by line item.

Lima One Capital, LLC. NMLS ID # 1324403, 201 E. McBee Ave. Suite 300. Greenville, SC 29601. Lima One Capital, LLC is not currently licensed in AK, ID, ME, MT, ND, NV, SD, UT or VT. Lima One Capital, LLC is licensed or exempt from licensing in all other states. Minnesota: This is not an offer to enter into an agreement. Any such offer may only be made in accordance with the requirements of Minn. Stat. §47.206(3). Lima One Capital, LLC is licensed in Arizona as a Mortgage Broker (License No. MB-0936439) and Mortgage Banker (License No. 949706). Lima One Capital, LLC is licensed as a California Finance Lender under Department of Business Oversight (License No. 60DBO-45834). Lima One Capital, LLC is licensed in Florida as a Mortgage Lender (License No. MLD1555) and Mortgage Servicer (License No. MLD1662). Lima One Capital, LLC is licensed in Oregon as a Mortgage Lender (License No. ML-5397). Annual percentage rate may be increased after fixed-rate period expires. Loans are subject to additional underwriting criteria.