---
title: "Creating a draw"
slug: "creating-a-draw-1"
updated: 2025-07-31T22:36:42Z
published: 2025-07-31T22:36:42Z
canonical: "help.getbuilt.com/creating-a-draw-1"
---

> ## Documentation Index
> Fetch the complete documentation index at: https://help.getbuilt.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Creating a draw

You can create a draw that details the completed work and specifies the funds required for the next phase as the deal progresses. Creating a draw requires the deal to include completed uses and a funding source.

> [!NOTE]
> **Note:** Ensure that full access is provided to the Draws permissions.

To create a draw, perform the following steps.

1. At the top-left of the page, click **Portfolio**.

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXeMFFsVVd6EJnFxyes2Xapj16fermLQhHIKMxLBEn3Gi-YkkckOAIhO6PG8wzb8lpKyE9_fpprRcWaWNv2y7z3DeX8kQJGh4c-RSqihLar2gRGyhyngRJxviDZq440NeD-2hoI-bmmGJ2jJAsg1tLs?key=fUqjXQeyR1bRAqO0P1K1lhpU)

1. On the **Portfolio** page, in the **Deals** tab, click **View** or **Deal ID** for the deal for which you want to create a draw.

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXcVoUuRDI2CbJDgVRebpJgEreNGGyrHbPHpCPHkPOR2EiCOM2siRXZzsfzxlu02_mP3ifWqzD06qxAYNFhl7AukhyuOLfX0H-3uFRj6MVmgxI35mZCUu5t11HN2gOp6qXPkoy0JyJK1omk5peUijw?key=fUqjXQeyR1bRAqO0P1K1lhpU)

1. On the left navigation menu, click **Draw Management**.

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXeveyObM25Ory5bUqG7yvqYmfeJPhq5qceG73zW_nrkUfEHNScKQwYkOmdqAHXKIPbJ_msS4LkNucSHwwp0wqeYoaqbfgdRJ-sCrATIyL197mkJJMQalws8vw22o7-5LbEvMlJuPBSOzYu4kGllEhA?key=fUqjXQeyR1bRAqO0P1K1lhpU)

  

1. On the **Draw Management** page, click **Create Draw**.

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXdTdyia8KVJctTTU3R7o_UkyGnR2bBGcj1wjPsnAHlOEXEDhN7Zv2HxaUjKxombmUVAtnhPLO8erjHh2H6tfuLn9nO2iSeOw43iI2NOHwBIxX77NKFLpND6icBNkFeD6JIYly-QbMRGkvv7LnjjkA?key=fUqjXQeyR1bRAqO0P1K1lhpU)

1. In the **New Draw** dialog box, enter the following information.

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXc3TD-_5HpKG4zLZCOkb6f4eL4UJrd2fuj-jLbtoiM25264neHZaGj16UFbduv_fLit8_QqxtiXC915QzDYCsMcor6v6M3BK4-K8pZ3jvr_uEoAtL2jn3Mm3-5VGAgLwvHiHnAr6RgTayzUg9OqvTA?key=fUqjXQeyR1bRAqO0P1K1lhpU)

| Field Name | Description |
| --- | --- |
| Name | The name of the draw. This field is mandatory. |
| Draw Type | The draw type such as: - Budget Modification - Correction - Data Conversion - Default - Fees - Initial Funding - Interest Reserve - Reconciliation Each draw type follows a customized workflow that streamlines the rules and requirements. This field is mandatory. |
| First Draw (Applicable for Default draw type) | Select the checkbox if it is *First Draw*. |
| Final Draw (Applicable for Default draw type) | Select the checkbox if it is *Final Draw*. |
| Draw Workflow | The workflow that you want to associate with a draw. **Note:** By default, the workflow associated with the selected draw type is displayed. This field is mandatory. |
| Requested at | The date and time of the draw request submission. |
| Effective Date | The date and time when the draw request becomes valid or active. |
| Note | A draw information. |

1. Click **Create Draw**.

A message is displayed indicating that the draw is created successfully.

  

> [!NOTE]
> **Note:** After the draw is created, you must fulfil the draw requirements. For more information, see:
> 
> - [Adding documents to a draw](/getbuilt/docs/adding-documents-to-a-draw)
> - [Adding draw disbursements](/getbuilt/docs/adding-draw-disbursements)
> - [Adding a new approval](/getbuilt/docs/adding-a-new-approval)
> - [Transitioning the draws status](/getbuilt/docs/transitioning-the-draws-status)

---

### FAQ

#### What is a draw in the context of project funding?

A draw details the completed work and specifies the funds required for the next phase as the deal progresses.

#### What is required to create a draw?

To create a draw, the deal must include a use and a funding source.

#### How do I access the Draw Management feature?

You can access the Draw Management feature by clicking on 'Portfolio' at the top-left of the page, then selecting the deal you want to manage.

#### What information do I need to provide when creating a draw?

You need to provide the draw name, draw type, draw workflow, requested date, effective date, and any notes.

#### Are there different types of draws I can select?

Yes, draw types include Budget Modification, Correction, Data Conversion, Default, Fees, Initial Funding, Interest Reserve, and Reconciliation.

#### Is it mandatory to fill in all fields when creating a draw?

Yes, certain fields such as Name, Draw Type, and Draw Workflow are mandatory.

#### What happens after I create a draw?

After creating a draw, you must fulfill the draw requirements, which include adding documents, disbursements, approvals, and transitioning the draw's status.

#### Can I mark a draw as the first or final draw?

Yes, you can select checkboxes to indicate if it is the First Draw or Final Draw, applicable for the Default draw type.

#### Will I receive a confirmation after creating a draw?

Yes, a message will be displayed indicating that the draw has been created successfully.