Expand Computer Buisness

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Listing Information
Amount: $14,500.00 Status: Loan created
Grade: A DTI: 31%
Lender Rate: 11% Borrower: ITPRO
Time Left: Finished State: NJ
Funded: 100% Group: Computer & IT Professionals
Loan Information
Loan Status: Current Origination Date: 2007-03-26 EricsCC ROI: 8%
Status History
Mar 23, 2007 Current
Hello! I have a Master's Degree in Information Technology and have been a Computer Analyst for 4 years at a major financial firm. When not working at my 9-5, I run my own computer consulting buisness. Buisness has doubled over the last few years, so I have a need to expand. This loan would help me tremendously with moving the buisness forward (Marketing, Website, working caital). I make $55,000/yr at my 9-5 and $15,000/yr part time from my own buisness. I have $6000 in cash and stocks, plus I also recieve a monthly bonus of $200, but have not added this in my budget below.

Here is my Budget of monthly Income and Expenses                   
Monthly Income
Myself    $5,833

Monthly Expenses
Education Loan #1  $181
Education Loan #2  $425
Rent $430
Credit CArd PAyments $150
Car Loan  $425 (will be paid off jan 2007)
Isurance   $175
Phone    $49
Food & Misc   $350
Total Expenses & Debt = $2186   Total Income  = $5,833

As you can see I am a good credit risk. Expanding my part time buisness has been a big goal of mine!

Please remember that the debt to income ratio shown is including this loan and is still within the country's healthy debt range. My account verification is currently being processed!
 
If you have any questions or need more documentation, please ask!! Thank you for your time and consideration.
Borrower's Other Listings
279937 Paying off my credit cards ASAP C $12,800 @ 13% Feb 14, 2008 Withdrawn
280704 Paying off my credit cards ASAP C $7,500 @ 13% Feb 17, 2008 Expired

 

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