Great Communication, Easy Access to Details
Great communication. It is easy to request a draw through the website. I like that the details of your draw, including interest and principal portions of your payment are clear and easy to understand in your portal. The team at Idea Financial will also reach out periodically to remind you of your available LoC. I'm not a fan of the draw percentage rate and the yearly renewal rate for the LoC, but it's better than being left with nothing while waiting for your receivables to come in.