Instrument Statuses

Upload and Validation Statuses

  • Upload Validation Pending - Instrument has been uploaded and is currently undergoing initial validation checks

  • Upload Validation Failed - Instrument failed the initial upload validation criteria and requires correction before resubmission

  • Ready to Submit - Instrument has passed validation checks and is ready to be submitted for approval

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Approval Workflow Statuses

Payer Approval

  • Pending Payer Approval Maker - Instrument is awaiting initial approval from the payer's maker user

  • Payer Approval Rejected - Instrument has been rejected during payer approval and can be edited or have rejection undone

  • Pending Payer Approval Checker - Instrument is awaiting final approval from the payer's checker user

Seller Finance Request

  • Pending Seller Finance Request Maker - Instrument is awaiting initial seller finance request approval

  • Seller Finance Request Rejected - Seller finance request has been rejected

  • Pending Seller Finance Request Checker - Instrument is awaiting final seller finance request approval

Payer Finance Request

  • Pending Payer Finance Request Maker - Instrument is awaiting initial payer finance request approval

  • Payer Finance Request Rejected - Payer finance request has been rejected

  • Pending Payer Finance Request Checker - Instrument is awaiting final payer finance request approval

Funder Approval

  • Pending Funder Approval Maker - Instrument is awaiting initial funder approval

  • Funder Approval Rejected - Funder approval has been rejected

  • Pending Funder Approval Checker - Instrument is awaiting final funder approval

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Financing and Settlement Statuses

  • Approved Without Financing - Instrument has been approved but will not receive financing due to product structure settings or other constraints

  • Funding Pending - Instrument has been approved for funding and is awaiting the funding process

  • Funding Temporarily Booked - Funding has been temporarily reserved for the instrument pending final confirmation

  • Funded - Instrument has been successfully funded and disbursement has occurred

  • Settled Without Financing - Instrument has been marked as paid without receiving any financing

  • Settled - Instrument has been fully repaid and the funding cycle is complete

Instrument Tags

These tags are automatically assigned and removed based on various system checks and workflows that evaluate instrument statuses, grace periods, funding windows, and company/deal statuses.

Funding and Eligibility Tags

  • Not Fundable - Instrument cannot be funded due to various conditions (inactive companies, no funding windows, overdue status, etc.)

  • Not Eligible - Instrument fails eligibility checks (inactive deal, inactive counterparty status, inactive payer/seller company status)

  • No Eligible Funding Window - Instrument has no funding windows that meet the required criteria

  • Within Funding Window - Instrument falls within the calculated funding window dates

  • No Financing Allowed - Product structure prohibits financing requests by seller or payer

Due Date and Maturity Tags

  • Due Not Funded - Instrument has reached its original maturity date but has not been funded

  • Due Funded - Instrument has reached its repayment date and is currently funded

  • Overdue Not Funded - Instrument has passed its original maturity date and remains unfunded

Grace Period Tags

  • Overdue Within Grace Period - Instrument is overdue for repayment but still within the allowed grace period

  • Overdue Outside Grace Period - Instrument is overdue for repayment and has exceeded the grace period

Payment and Settlement Tags

  • Partially Repaid - Instrument has received partial payment but full repayment is still outstanding

  • Repayment Initiated - Repayment process has been started for the instrument

Administrative Tags

  • Deleted - Instrument has been marked as deleted (excluded from duplicate reference checks during upload)