5.21.1.2 Capturing Event wise Fronting Details

Default Investor fronting flag is enabled only if investor fronting is selected as Fronting partial in the borrower details. It has the three options, Fronting, Seek Approval and No Fronting.

Fronting flag is enabled for Disbursement events and it has three options, Fronting, Seek Approval and No Fronting.

• At Borrower details, if investor fronting flag is selected as Fronting All, then Participant Fronting is set as Fronting and you are not allowed to modify it.
• At Borrower details, if investor fronting flag is selected as No Fronting, then Participant Fronting is set as No Fronting and you are not allowed to modify it.
• At Borrower details, if investor fronting flag is selected as Fronting Partial, then Participant Fronting is defaulted based on the default fronting option maintained for the investors and you are allowed to modify it.
• Participant Fronting can have any of the three options, Fronting, Seek Approval, and No Fronting and you are allowed to modify it till Value date of the event.
• On or after Value date, Seek Approval can be changed only to No Fronting.
• By default, Seek Approval is considered as No Fronting.

If the investor is funding for the disbursement, then the payment date is defaulted from Investor wise Funding Details tab and you are not allowed to modify it.

Actual Receipt Date is defaulted from Investor wise Funding Details Tab for each Investor and you are allowed to modify it. It is not populated until the Fund is sighted for the respective investor.

For the fronted investors, the current application date is defaulted to the payment date on the date of such borrower payments and you are not allowed to modify it.