Do you have business partners who prefer off-system payments? Perhaps some of your subcontractors prefer bank account transfers, while others would rather get the check in person.
Not a problem! Now you have the option to select whether each invoice is funded on or off system. So, everyone gets the payment method that they prefer.
After a draw is accepted, simply go to that specific draw's page and click on the blue "Fund" button located at the bottom.
A box will appear allowing you to review all of your payment information for this draw. Notice the "Paid through system" column on the righthand side.
If an invoice is being paid off system, deselect the check box in this column.
If all invoices are being paid off system, the request for bank account information will disappear.
After verifying all information is entered correctly, click on the blue "Fund Draw" button in the bottom left corner of the page.
It's that easy! You are now free to continue managing your construction loan on platform even if making offline payments.
We're here to help! If you have any questions or concerns, please reach out to us at email@example.com or 1-833-4SIMPLY.