Relist: Growing Our Business
| Loan Information |
| Loan Status:
| Current |
Origination Date:
| 2007-05-30 |
EricsCC ROI:
| 9% |
| Status History |
| May 30, 2007 |
Current |
Our
two-person consulting firm billed in the low six-figures in 2006, and we have
already expanded our client base in 2007. With these new additions and the
volume of prospects in our sales channel, we anticipate that revenue will
increase over 100% this year. In order to service
Because we are a marketing services agency, the bulk of our revenues are
performance-based. As a result, it usually takes 3-4 months to convert a
new client into positive cash flow. We will use the proceeds of this loan
to bridge that gap and continue investing in our sales
growth.Current revenues are sufficient to service the monthly debt payment.
Feel free to contact me with any questions you may have about our business.
|
| Borrower's Other Listings |
| 125424 |
Working Capital Bridge Loan |
AA |
$20,000 @ 13% |
Apr 18, 2007 |
Withdrawn |
| 127385 |
Bridge Loan for Growing Business |
AA |
$23,500 @ 15% |
Apr 23, 2007 |
Expired |
| 132411 |
Growing Business needs to expand |
AA |
$25,000 @ 15% |
May 03, 2007 |
Withdrawn |
|
Discussion For This Listing
|
|
No Comments Found For This Listing
| Post A Comment
|
| You must be logged in to post comments on listings. Not yet a member? register here |
|
