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How to mark a Submission as approved
How to mark a Submission as approved

This guide explains the process for reviewing and approving submissions in the Fundmore platform.

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Written by Narender Beniwal
Updated over a week ago

Step 1: Access the Submissions Section

  • Navigate to the left sidebar menu

  • Click on the "Submissions" tab

  • You will see a list of all submissions with their current status (sent, pending, approved, declined, funded, etc.)

Step 2: Review Submission Details

The submissions page displays important information about each deal:

  • Deal name (company)

  • Funder

  • Current status

  • Response from funder (if any)

  • Offers amount (if applicable)

  • Originators

  • Closers

  • Submission date

  • Sender information

Step 3: Approve the Submission

  1. Locate the submission you want to approve in the list

  2. Click on the green "Approved" button in the actions row for that submission

  3. A modal window will appear titled "Approved: [Company Name] to [Funder Name]"

Step 4: Complete the Approval Form

Fill in the following details in the approval form:

Required Information

  • Product: Select the product type from the dropdown (e.g., Working Capital)

  • Amount: Enter the approved funding amount (e.g., $10,000.00)

  • Rate: Enter the interest rate (e.g., 1.499)

  • Term: Enter the term length in months (e.g., 12)

  • Frequency: Select the payment frequency from the dropdown (e.g., monthly)

  • Points: Enter the points percentage if applicable (e.g., 10.00%)

  • Offer link: Paste any relevant offer link (optional)

  • Offer grid: Click the "+" icon to attach any offer documentation (optional)

Step 5: Finalize the Approval

  • Review all entered information for accuracy

  • Click the "Confirm" button in the bottom right corner to complete the approval process

  • If you need to cancel, click the "Cancel" button

After Approval

Once approved:

  • The submission's status will change to "approved" with a green label in the submissions list

  • The approval details will be recorded in the system

  • The approved submission will appear in the "Offers" tab, where you can access and manage it going forward

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