You can find the meaning of each loan label below:
Label to investor
No outstanding principal or interest
All payments are on time (both principal and interest) or a loan has been restructured and a new repayment schedule is in place with repayments being made on time
Payments have not been received 10 days after the expected invoice due date
Restructuring request/ proposal discussions have been initiated
Best effort recovery
Restructuring efforts have been concluded but no new repayment structure has been agreed upon; Trine puts in the effort to recover as much as possible
Unlikely to receive more payments from the outstanding debt; Trine continues to recover as much as possible
Trine will always inform investors if we know there will be a delay in repayments. However, the dates in an expected repayment schedule should be treated as preliminary and a few days delay in repayments is not unusual. Often repayments are coming from around the world and this can mean bank transfers take longer than expected.
Investors can reach out to email@example.com with any questions about repayments.