Buy A Printing Press

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Listing Information
Amount: $9,000.00 Status: Loan created
Grade: D DTI: 19%
Lender Rate: 17% Borrower: Blisterhead
Time Left: Finished State: CA
Funded: 100% Group: Have Money - Will Bid
Loan Information
Loan Status: 4+ months late Origination Date: 2007-04-11 EricsCC ROI: -39%
Status History
Apr 10, 2007 Current
Jul 26, 2007 Late
Aug 12, 2007 1 month late
Aug 15, 2007 Current
Sep 27, 2007 Late
Oct 12, 2007 1 month late
Nov 12, 2007 2 months late
Dec 13, 2007 3 months late
Jan 12, 2008 4+ months late
Hi - Thank you for viewing my listing.

I am a Printer that is currently working in a print shop. I am seeking funding to buy a Xanti Ilumina Digital Printing Press. I have had 3 years of Graphic Arts /Printing /Trade school before becoming a Printer. This particular printer costs about $9000 to get setup including initial supplies - papers, ink, tools of the trade.

What I want to do is start up a little printing business of my own on the side. I will continue
to work at the print shop where I am currently employed. Any income derived from my new business
will be extra. I have already secured a few customers,as well as being able to get outsourced work from the shop I am at.

My current net monthly income from my existing job is $2100.00

Here's my monthly budget

300.00 - Mortgage
200.00 - Car Payment
25.00 - Credit Cards
200.00 - Groceries
100.00 - Recreation
35.00 - Phone
40.00 - Misc.
--------------------------
900.00 total monthly expenditures

As you can see, I have over $1100.00 left over and can easily afford my payments to Prosper.

I promise that my payments to Prosper will be my top priority each month. In fact, I am going to have Prosper automatically withdraw my payments each month so that everyone, including myself, knows that my payment will be made on time, every time. I'm not about to make a mistake with this opportunity to continue rebuilding my credit.

Thanks Again
Borrower's Other Listings
113284 Buying Printing press D $9,000 @ 19% Mar 19, 2007 Withdrawn

 

Discussion For This Listing
Tue, October 16, 2007
When I looked up this group, "Have Money - Will Bid", it had a 5 star rating. Yesterday, it was down to one star.
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