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:

1. Select ‘Draw on a Line of Credit’ from the Loan Management main page.
2. Utilize the dropdown menus to select the loan account number to transfer funds ‘from’. Select the checking account number to transfer funds ‘to’.
3. Select ‘cancel’ to return to the Loan Management main page or select ‘next’ to proceed with transferring funds from your line of credit to your checking account.
4. 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.
5. Select ‘cancel’ to return to the Loan Management main page, select ‘edit’ to return to the previous screen to change either of the account numbers, or select ‘next’ to proceed with transferring funds.
6. Review the information provided.
7. Select ‘cancel’ to return to the Loan Management main page, select ‘edit’ to return to the previous screen to change the amount of the transfer, or select ‘accept’ to transfer the funds..
8. 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.