You can find the meaning of each loan label below:

Label to investor

Definition

Fully repaid

No outstanding principal or interest

Repaying

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

Delayed

Payments have not been received 10 days after the expected invoice due date

Restructuring

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

Defaulted

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 hello@trine.com with any questions about repayments.

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