Issuer application and financing statuses
Applications and financing use different status lists. Applications tracks the request and offer. Financing tracks the facility or invoice note after it exists.
On Applications, the card often uses plainer wording than the Status filter. Filter by the name in brackets when you need to find that card. Financing uses the same labels on the card and in its filter. Admin screens can use still other labels such as Offer Sent and Signing Pending.
Application statuses
Draft — you have not submitted. Select Continue editing. You can Delete draft.
Submitted — waiting for review (Submitted) — CashSouk has the first submission. Wait.
Resubmitted — waiting for review — you sent changes back. Wait. There is no Resubmitted filter. Leave filters cleared to find this card.
We're reviewing this (Under Review) — review is in progress, or CashSouk still needs to send signing links after you submitted acceptance documents. Wait unless Needs your attention says otherwise. Admin may show this as Signing Pending. There is no Signing Pending option in the issuer Status filter.
Needs changes (Action Required) — CashSouk asked for application changes. Select Make amendments.
Waiting for your response (Offer Received) — an offer is waiting, or named signers still need to finish after CashSouk sent signing links. Select Review Facility Offer or Review Invoice Offer. Admin may show Offer Sent.
Changes requested — CashSouk asked for acceptance-document or representative updates on an offer that is already out. Select Update requested changes. The Status filter for this card is still Offer Received.
Offer expired (Offer Expired) — the acceptance or signing deadline passed. You cannot accept it. Contact the CashSouk team.
Facility approved — the facility is in force and this application has no invoice yet. Use Finance an invoice on the facility when you are ready. The Status filter for this card is Completed.
Completed (Completed) — required offers for this application are finished.
You declined this offer (Declined) — you declined. That offer path is closed.
Withdrawn (Withdrawn) — you withdrew the application or invoice.
Not approved (Rejected) — CashSouk did not approve the application.
Archived applications are not shown in the issuer list.
Dashboard progress
On the Dashboard, Where things stand names the action still needed. An offer waiting for you shows Accept offer. After you accept, that step shows Offer accepted. Signing shows Sign facility or Sign offer until the documents are signed. If CashSouk asked for changes, the review step shows Make changes. If CashSouk is still reviewing or has not sent signing links yet, it shows Under review.
A new facility includes Sign facility. A standalone invoice includes Sign offer. An invoice under a facility stops at Accept offer.
Funding progress uses Awaiting listing, Raising funds and Awaiting disbursement. Those match Pending listing, In progress and Funded on Financing. Awaiting disbursement is not money received.
Financing statuses
These labels appear on Financing > Facilities and Invoices.
Draft — the facility or invoice record is not yet in review.
Action required — you must act. Examples: review an offer, make application changes, pay an Upfront facility fee, or deal with a late repayment.
Pending approval — CashSouk is still reviewing.
Pending listing — the invoice note exists but is not open to investors.
In progress — the note is listed and funding is open.
Funded — funding closed successfully. Disbursement has not necessarily been paid. Wait for activation.
Active — the facility is in force, or the note is activated and being serviced. An active note can still be current, overdue (in grace), or late after grace. Those servicing labels appear on the note itself.
Arrears — the note has passed the arrears threshold. CashSouk emails an arrears notice. The note is eligible for default.
Completed — the note is repaid and settled.
Unsuccessful — the note is no longer live. That includes a listing that did not fund, a withdrawn or rejected invoice, or a cancelled note.
A note marked as default also shows Unsuccessful on Financing. You will also receive Your Note Is in Default. The badge is the portal label, not a separate Default status.
A facility can look Active and still block Finance an invoice if it is disabled or an upfront fee is outstanding. In that case it is treated as Action required.
See Late payments, arrears and default for overdue, late, arrears and default day counts.
What you should do
- If the card is in Needs your attention, open that card first.
- Use Applications for drafts, amendments, offers and signing.
- Use Financing for listing, disbursement, facility limits and repayment.
Quote the APP-, CON-, INV- or NOTE- reference when you contact CashSouk.
Common questions
Why does the filter say Offer Received when the card says Waiting for your response?
They are the same state. The card uses plainer language. Filter by Offer Received to find those cards, including Changes requested offer updates. Admin can call the same step Offer Sent.
Where is Signing Pending?
Admin uses Signing Pending when CashSouk still needs to send signing links or signers have not finished. On issuer Applications that wait usually shows as We're reviewing this (filter Under Review). After links are sent, the card returns to Waiting for your response. See Reviewing offers and completing signing.
Why is a funded invoice not Active yet?
Funded means the listing closed. Active comes after CashSouk activates the note and starts servicing. On the Dashboard this shows as Awaiting disbursement.
Where is Default?
There is no financing badge called Default. A defaulted note shows Unsuccessful. The inbox title is Your Note Is in Default.
Can one application show more than one status?
The card shows the most urgent state. Open the application to see each invoice or facility offer.