1-2 business days from the time everything is provided to Easy Street.

You can take as many draws as necessary but there is a fee for each draw.

The draw request form is the scope of work completed prior to closing. The scope of work is used to identify what has been completed for each draw. Email draws@easystreetcap.com if you need a copy.

When your draw request is reduced or adjusted, it is typically because the amount requested does not align with the progress of the construction and the remaining draw balance. Our goal is to ensure that the property is market-ready and that the funds are being allocated appropriately. By adjusting the draw reimbursement, it will allow the remaining draw balance to better support the construction cost remaining. Remember, the remaining draw balance always needs to be sufficient to complete the project. If the remaining work begins to exceed the remaining draw balance, Easy Street will need to pause or reduce draw fundings until alignment is reached.

The draw request amount is determined based on several factors, including the progress of the construction, remaining draw balance, verification of receipts/invoices and the level of completion required for the property to be market ready. Our team at Easy Street Capital carefully evaluates these factors to determine the appropriate amount for your draw request.

If you believe that your draw request was inaccurately reduced or adjusted, we encourage you to reach out to our team We understand that there are unique circumstances that need to be taken into consideration. Our experts will review your draw and work with you to try to find an agreeable resolution where possible.

To increase the chances of your draw request being approved in full, it is important to closely follow the construction schedule, provide detailed documentation of the progress, and maintain open communication with our team. By demonstrating your commitment to the project and keeping us informed, we can work together to ensure a smooth draw request process.

You will need to provide material receipts for the work completed and keep a record of labor amounts paid to each worker. Submit copies of digital payments for labor. Zelle, Venmo, Cashapp, and/or copies of checks.