Does Prodeal handle construction draws?

Yes. Each draw runs from a repeatable package with owners and statuses, the parties upload against their lines, and every advance keeps its own record, so draws become a monthly rhythm with an audit-ready history.

Does it handle the draw cycle, not just the closing?

Yes. Each draw opens from a draw template with its own items, owners, due dates, and lien waivers, so every draw runs like the closing it is.

Can we keep a record for each draw?

Yes. Every draw has its own time-stamped activity record that exports for the file, the inspector, and the auditor.

Can borrowers submit draw documents?

Yes. The borrower and the general contractor upload against named requests in a branded room, no login required.

By job to be done

The closing, then every draw.

A construction loan closes twice: once at the initial closing, then every month as each draw becomes a miniature closing. Prodeal templates both, so draws become a rhythm instead of a fire drill.

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The problem

The initial close is heavy

Budget, plans, contracts, bonds, and completion support on top of a permanent-loan checklist.

Every draw is a mini-closing

Requisition, inspection, invoices, lien waivers, and a title date-down, monthly.

Draws arrive unstructured

Without a repeatable package, each draw scrambles and the record is incomplete.

Flat-editorial illustration: a construction draw waiting on lien waivers and inspections

How it runs in Prodeal

The closing, then every draw.

A construction loan runs from the initial close through the last draw.

01Close from a template

The heavy initial close opens from your template with the full document set in place.

02Template the draw package

Every draw is a mini-closing, and each opens from the same draw template.

03Run each draw on the list

Owners, due dates, and lien waivers per draw, so each draw runs the same way.

04Keep a record per draw

Each draw exports its own time-stamped record for the file and the inspector.

Run your next draw cycle from a template.

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What you get

The closing, then every draw

The initial closing is heavy; then every draw is a mini-closing. Both run from templates.

Draw packages, templated

Each draw opens with its items, lien waivers, and inspection docs pre-structured.

The GC uploads directly

The contractor drops draw documents against named requests, no login, nothing forwarded.

A record per draw

Each draw exports its own time-stamped record for the file and the inspector.

Built onLive checklist Closing binder Audit trail

Questions lenders ask

Does Prodeal handle construction draws?: Yes. Each draw runs from a repeatable package with owners and statuses, the parties upload against their lines, and every advance keeps its own record, so draws become a monthly rhythm with an audit-ready history.
Does it handle the draw cycle, not just the closing?: Yes. Each draw opens from a draw template with its own items, owners, due dates, and lien waivers, so every draw runs like the closing it is.
Can we keep a record for each draw?: Yes. Every draw has its own time-stamped activity record that exports for the file, the inspector, and the auditor.
Can borrowers submit draw documents?: Yes. The borrower and the general contractor upload against named requests in a branded room, no login required.

Keep reading

Ready when you are

Every draw, same rhythm.

Bring one construction deal to the walkthrough. See the draw package run from a template.

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