The same day. Wires are sent to customers after the complete their IDRAW online checkout.
What if I’ve been previously declined?
You may still qualify now. We have been expanding our credit profile to allow access to more businesses. Give it another shot!
My business shows a sizeable loss, can I still get IDRAW?
Absolutely. There is no cash flow analysis needed for IDRAW, so losses will not impact the decision.
Are there any upfront fees?
You will not be charged any upfront fees or out-of-pocket expenses to get funded.
Do I need a profit and loss statement?
The typical cash flow analysis is slowly becoming a thing of the past. We will be looking at just your last 3 months of bank statements.
What if I have other outstanding loans?
If your credit is over 660, other debt will not be a mitigating factor or reason for decline. For lower credit borrowers it could lead to declined applications.
If my credit score is just below the minimum, how long do I need to wait to apply again?
We dont have a "minimum" we will consider each application at that time based on a number of factors.
What if my business has multiple owners?
We require 50% ownership or the majority owner.
If I call the toll-free number, can I talk to a real person?
Yes, if you call between the hours of 9am - 6pm EST from Monday to Friday.
Still have questions?
We'd be happy to help. Please contact us for more information.
IDRAW LLC is not a bank or an authorized SBA vendor. IDRAW LLC does not perform a hard credit pull at any point in our process. Rates shown vary based on product, credit determination, state law/minimum amounts and other criteria. Not all applicants will qualify for financing, all products are subject to credit review and final approval.
