One man trucking co. needs repairs, can you help?

| Listing Information | |||
|---|---|---|---|
| Amount: | $3,500.00 | Status: | Loan created |
| Grade: | C | DTI: | 13% |
| Lender Rate: | 14% | Borrower: | kjsafs01 |
| Finished | State: | GA | |
| Funded: | 100% | Group: | UtopiaLoans.com - Now Over $1 Million in Closed Loans!! |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 3 months late | Origination Date: | 2006-05-15 | EricsCC ROI: | -4% |
| Status History | |
|---|---|
| Jul 12, 2006 | Current |
| Jun 30, 2008 | Late |
| Jul 16, 2008 | 1 month late |
| Aug 16, 2008 | 2 months late |
| Sep 16, 2008 | 3 months late |
|
I am the President, CEO and Owner/Operator of [LAST NAME DELETED] Commercial Carriers Inc. and have worked in the trucking business for 7 years. Hired as an over the road driver for Swift Transportation Inc, my directive was to establish a business of my own. I progressed to driver manager and learned how to manage the everyday operations of a trucking company. I branched out on my own and established [LAST NAME DELETED] Commercial Carriers Inc. (SCCI) based in Canton, GA, December 2003 - MC# 481182; USDOT# 1212779. SCCI specializes in refrigerated freight whose mission is to become one of the best carrier companies servicing the United States. My service and quality is my number one priority. I am customer focused and believe the secret to a successful and prosperous company is to service and exceed my customer's expectations every single day. SCCI has focused mainly on the food industry companies in the United States. In addition, the company will provide its services to any potential companies that require hauling cargo. The company?s strategy is to consolidate its excellent customer and client service by making timely deliveries. The company?s projected revenues for 2006 are $180,000 and for 2007 $210,000. SCCI uses the best equipment for the job, but with increasing operational expenses, the company needs additional financing in the amount of $5000 for repairs and maintenance. Thank you for the opportunity to share a little about my company! I am excited about our continued growth, and hope that you may service the company?s financial needs. Thank you for your investment consideration. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 2898 | Profitable small trucking company seeking investors. | D | $12,000 @ 12% | Mar 21, 2006 | Expired |
| 5975 | One Man Trucking Company Needs Repairs | D | $4,000 @ 9% | Apr 13, 2006 | Withdrawn |
| 6010 | One Man Trucking Company Needs Repairs | D | $5,000 @ 16% | Apr 13, 2006 | Expired |
| 231460 | One Man Trucking Co. Needs 2 Go GREEN | D | $12,000 @ 19% | Nov 13, 2007 | Expired |
| 242196 | Cleaning up our act, need to go GREEN! Can you help? | D | $12,000 @ 21% | Dec 02, 2007 | Expired |
| 252730 | Cleaning up our act, need to go GREEN! Can you help? | D | $12,000 @ 31% | Dec 18, 2007 | Expired |
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