Fun-Pre: Refers to an investment note that is being Pre-fund.
Fun-Funding: Refers to an investment note that is currently being funded and Investors are able to manually invest into the note on their own.
Fun-Success: Refers to an investment note that has been fully funded and closed.
Pending Investment: include transition between Fun-Success to disburse request
Investment in Progress: This also means Disburse Request, where it refers to the funded note which is currently with our Trustees and we are waiting for their approval and disbursement of the funds. Usually this will take not more than 5 business days.
Set-Ongoing: Refers to an investment note that has been disbursed and Investors are currently awaiting for payment.
Set-Complete: Refers to an investment note that has been fully repaid by the Issuer.
Set-Default: Refers to an investment note that has not received payments for more than 90 days outstanding (for Business Term) and 60 days outstanding (for Invoice Financing).