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Understanding note statuses

Shaun avatar
Written by Shaun
Updated over 10 months ago

These are the various stages of note status that you will see in your portfolio.

  • FUNDING: Note has not been fully funded, and is still in the crowdfunding round.

  • SUCCESS: The note has been fully funded by investors through Auto and manual investments.

  • DISBURSE REQUEST: The note is in the process of being disbursed to the SME.

  • ONGOING: The SME has received the funds but has not fully paid off the note yet.

  • COMPLETED: The note has been fully repaid.

  • DEFAULT: note has remained unpaid for at least 90 days since the due date for Business Term Financing and Property-Backed Secured Financing, or 60 day unpaid since the due date for Invoice Financing.

To only view the notes belonging to a specific note status, you can use the filter function available at the drop-down box "Investment Status".

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