You will not be charged any upfront fees or any out-of-pocket expenses to get funded.
Will there be a hard credit check?
We will only do a soft pull at first, so it will not affect your credit score. Some banks do require a hard pull at the time of funding, but only after full approval has been granted and funds are in transit.
What if my business has multiple owners?
Any individuals or entities with at least 20% ownership are required to be a guarantor for any SBA loans.
IDRAW LLC is not a bank or an authorized SBA vendor. We partner with a number of banks to facilitate SBA financing for our clients. 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.