Cash In Transit and Contract Funding Tracking Log

Tracks each retail contract by lender from delivery to funded date, including stipulation status and aging, to help reduce cash-in-transit balances.

Log Details

• Log Date
  Date this log entry is created or updated.
• Entered By
  Name or team identifier for the person entering the record.
• Record Reference / Contract ID
  Internal contract or deal reference used for tracking.
• Lender
  Select the lender responsible for funding this contract.

Contract Delivery and Funding

• Contract Delivery Date
  Date the retail contract was delivered to the lender or funding queue.
• Expected Funding Date
  Projected date for funding if not yet funded.
• Funded Date
  Actual date the contract funded. Leave blank if not yet funded.
• Funding Status
  Current status of the contract in the funding process.

Stipulations and Follow-Up

• Are there outstanding stipulations?
  Select yes if any lender conditions are still open.
• Stipulation Details
  List the open stipulations and any missing documents or corrections.
• Follow-Up Owner
  Person or team responsible for resolving the open items.
• Next Follow-Up Date
  Date for the next check-in or lender follow-up.

Aging and Resolution

• Days in Transit
  Number of days from delivery to funding or current date if still open.
• Aging Bucket
  Categorize the contract by aging range.
• Reason for Delay
  Select all applicable reasons if funding is delayed.
• Resolution Notes
  Document final resolution, lender response, or next action taken.