W
Woolong/Escalation1 arrears3 pending5 facilities · $1,655,131.70
Escalation Engine
Escalation Ladder
| Stage | Trigger | Action | Fee Event | Mode |
|---|---|---|---|---|
| S1 | 1 day | Email — borrower | Dishonour Fee ($50) | ●Automatic |
| S2 | 3 days | Email + SMS — borrower | — | ●Automatic |
| S3 | 5 days | Email + SMS — borrower + guarantors | — | ●Automatic |
| S4 | 7 days | Formal Notice of Default | Default Admin Fee ($2,500) | ●Approval required |
| S5 | 30 days | Monthly default interest statement | — | ●Automatic |
Stage 4 (Notice of Default) always requires explicit admin approval. Default Admin Fee ($2,500) is automatically added to the cost ledger on approval.
Loans in Arrears
WC-002●16d — S4
Total Guaranteed Money: $293,022.44
Notice of Default — Live Preview
WOOLONG CAPITAL PTE LTD — NOTICE OF DEFAULT
To: percy@perks.com.au
Re: WC-002 — P.E.R.KS CABIN 125B PTY LTD
Re: WC-002 — P.E.R.KS CABIN 125B PTY LTD
Outstanding principal balance$289,938.53
Default interest (16.00 days @ 24.00% p.a. compounding monthly)$3,033.91
Collection costs (cost ledger)$50.00
Total Guaranteed Money due$293,022.44
Escalation Log
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