Ventures provides the ability for users to create various Sub-Statuses to associate with the main Status.  Your Site Administrator will need to create the statuses for you to use.  

• Visit the Administration menu
• Click on the Reference menu
• Click on the Loan sub-menu
• Click on the Sub-Statuses sub-menu
• Click on the green +Add button to create new sub-statuses and/or click on an existing sub-status to edit

Sub-statuses are available within the General > General tab.  Depending on the Status its associated your options will be available via a drop-down.