When is the draws and disbursements route available in the nCino system?

The draws and disbursements route in the nCino system is available when the budget is finalized and the loan is booked. This is an essential step because having a finalized budget ensures that all financial planning and allocation of funds are clearly outlined and agreed upon before any disbursement occurs. Once the loan is booked, it indicates that the lender has approved and committed to providing the funds, making it a suitable point to allow for draws and disbursements to begin. This process mitigates risk by establishing that all necessary conditions have been met and that funds can be released according to the budgetary constraints established during the approval process.