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Budgetrac puts together, in one integrated package, features to let you control project funding as well as project costs. Budgetrac can save you significant time preparing loan draw requests that are adapted to the unique categories used by each of your lenders, while still maintaining standardized internal cost reporting. You can select from cost items that have not been fully drawn and indicate full or partial requisition. Budgetrac lets you track multiple loans, update approved loan draws, record cash receipts and automatically create general ledger journal entries.
"Loan Draw" is part of the Budgetrac Real Estate Developer Software line of products, developed by Budgetrac Systems.