3 more FC property loans go late - how many does that make?

Late

"Processing" is when it's lined up for payment. You used to see this status quite a lot as the payment engine was quite slow, it picks up the "processing" loans, matches the incoming payment and makes the outgoing payment. If it can't make a match the payment stays as processing and is tried again on the next round. You don't see it very often nowadays as the process is a lot more efficient, so it basically means the money has not arrived (unless you get up very early). The next day it goes to "retry" to pick up incoming payments that are a day or so late. Only after that is it classed as "late".

Thanks, I see it now - it looked like an old house (by design). My mistake. So it is for sale, POA, and with an LTV of 78% (and rising) with a GDV of £925k. It seems that getting the price is taking time, and so it is bound to go late.

Concerning processing etc, there is not a connection with the state of payment by the borrower. The sequence just relates to the crediting of lenders accounts. On the due date it will go to processing, and after two or three working days it goes to retry (which means nothing different). After four working days it goes to late, which means a record of  late payment is made if/when it is paid. This process is automatic and is stopped by the actual payment to the lenders' accounts. It tells you nothing about the collection process. I have had property loans processing, where the interest for the term is held by FC. Once a property loan nearly ticked over to late, due to some FC glitch, but, unfortunately, someone told them about it before it went 'late'. 

Property developement in Ickenham repaid yesterday. Only 9 late propery loans left in my old account now.

I'm not going to mention any names/companies in this post.

My friend has made me aware of a company who got into financial difficulties, they got a fundingcircle loan then moved the non-physical assets (i.e. a lot of the FC cash) into a new company with a very similar name, then put the old company into liquidation.

this looks true - all the ltd company and liquidation debts are publicly available. 

Clever trick hey? Is this the first? Or is this a common occurrence? 

if there was a way to search FC for a company name then I could find out

I mean search for the company name in FC system and find out what rating the loan was given by them.

thankfully none of my cash was allocated to it

Yes, please keep your analogy unexpanded.