Finance operations workflow for Tallyfy

Manage credit line draws with proper controls

Drawing from a line of credit requires coordination between finance, management, and the bank. Without a clear process, requests get delayed, approvals get missed, or draws happen without proper authorization. This template keeps credit draws organized and documented.

2 steps

1 fields

Import into Tallyfy Preview steps

Financial Services requests

Run this workflow in Tallyfy

Import this template into Tallyfy and capture the potential interest rate in the kickoff form before starting each draw request

Configure the 2-step process in Tallyfy with 5-day deadlines for submitting the draw request and waiting for bank approval

Track every credit draw in Tallyfy with real-time visibility into approval status so treasury knows when funds will be available

Import this template into Tallyfy

Process steps

Submit draw request

5 days from previous step

task

Fill out the draw request form with the exact amount you need. Check your available balance first - requesting more than what is available wastes everyone's time. Include the purpose of the draw and when you expect to repay it.

Get bank approval

5 days from previous step

task

Wait for the bank to review and approve your draw request. Most approvals happen within 1-2 business days. If they need more information, respond quickly to avoid delays. Keep track of when you submitted the request.