What does the cryptic crossword clue "Report of solitary advance (4)" mean?

The definition is "advance". The wordplay uses a homophone (sounds like). LOAN (sounds like "solitary") [homophone: "Report"]; definition: "advance" The answer is LOAN.

Report of solitary advance (4)

Times Cryptic #28861 | 27 Across | 2024-03-11 flower

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