
Online Help
Section 3
Advance Funds from a Line of Credit
Funds can be drawn from a line of credit from 7:00 a.m. to 7:00 p.m. ET on business days.
To Draw on a Line of Credit:
- Select Draw on a Line of Credit from the Loan Management page.
- Utilize the dropdown menus to select the loan account number to transfer funds From. Select the checking account number to transfer funds To.
- Select Next to proceed with transferring funds from your line of credit to your checking account; or select Cancel to return to the Loan Management main page.
- The next screen will provide you with your current balance as well as the amount of credit available. Enter the amount that you wish to transfer.
- Select Next to proceed with transferring funds; click Edit to return to the previous screen to change either of the account numbers; or select Cancel to return to the Loan Management main page.
- Review the information provided on the Draw on a Line of Credit Approval page. Select Accept to transfer the funds; select Edit to return to the previous screen to change the amount of the transfer, or select Cancel to return to the Loan Management main page.
- You will receive a confirmation screen. Select Main Page to return to the Loan Management main page or select Create Another Transaction to return to the account selection screen to transfer additional funds.
NOTE: Funds are immediately available upon the completion of a successful transaction.