DrawTrak Overview

DrawTrak is a specialized loan servicing software designed to manage draw requests and fund disbursements for construction and development loans. This platform simplifies the tracking and approval process for draw requests, providing lenders with a centralized solution to monitor project progress and financial transactions. With its user-friendly interface, users can easily submit draw requests, attach necessary documentation, and track approvals in real time. DrawTrak automates critical tasks, such as generating reports and notifications, ensuring timely communication with all stakeholders. Additionally, the software offers robust analytics tools that help lenders assess project financials and manage risk effectively. By enhancing transparency and streamlining workflows, DrawTrak supports lenders in maintaining control over their loan portfolios and improving customer satisfaction.

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Contact Details

  • Vendor Name DrawTrak
  • Founded
  • Location United States

Support

  • Knowledge Base Knowledge Base
  • FAQs/Forum FAQs/Forum

Training

  • In-person In-person
  • Documentation Documentation

Licensing & Deployment

  • Proprietary Proprietary
  • Cloud Hosted Cloud Hosted
  • Web-Based Web-Based

Typical Customers

  • Self-Employed Self-Employed
  • Small-Business Small-Business
  • Midsize-Business Midsize-Business

Languages Supported

English


Industries

Banking, Financial Services

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DrawTrak Features

  • Arrow Icon Document Management
  • Arrow Icon Amortization Schedule
  • Arrow Icon Automatic Funds Distribution
  • Arrow Icon Investor Management
  • Arrow Icon Collateral Tracking
  • Arrow Icon Accounting
  • Arrow Icon Payment Collection
  • Arrow Icon Third-Party Integrations
  • Arrow Icon Compliance Management
  • Arrow Icon Reporting/Analytics
  • Arrow Icon Audit Trail
  • Arrow Icon Contact Management
  • Arrow Icon Data Import/Export
  • Arrow Icon Loan Portfolio Management
  • Arrow Icon PCI Compliance

DrawTrak Pricing

Pricing Type

  • Pricing Type Per Feature

Preferred Currency

  • USD ($) USD ($)

Free Trial

  • NA

Free Version

  • NA

Payment Frequency

  • NA

DrawTrak FAQs

DrawTrak is a specialized loan servicing software designed to manage draw requests and fund disbursements for construction and development loans. This platform simplifies the tracking and approval process for draw requests, providing lenders with a centralized solution to monitor project progress and financial transactions. With its user-friendly interface, users can easily submit draw requests, attach necessary documentation, and track approvals in real time. DrawTrak automates critical tasks, such as generating reports and notifications, ensuring timely communication with all stakeholders. Additionally, the software offers robust analytics tools that help lenders assess project financials and manage risk effectively. By enhancing transparency and streamlining workflows, DrawTrak supports lenders in maintaining control over their loan portfolios and improving customer satisfaction.

  • No, DrawTrak does not offer a free version.

  • Yes, DrawTrak offers a free trial.

  • No, Credit Card details are not required for the DrawTrak trial.

  • No, DrawTrak does not offer an API.

  • DrawTrak offers support with the following options:
    • Knowledge Base , FAQs/Forum

  • DrawTrak offers training with the following options:
    • In-person , Documentation

  • DrawTrak supports the following languages:
    • English

  • Following are the typical users of the DrawTrak:
    • Self-Employed , Small-Business , Midsize-Business

  • DrawTrak supports the following deployment:
    • Cloud Hosted

  • DrawTrak supports the following devices and operating systems:
    • Web-Based