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EXCELLENT OPPORTUNITY
Homeownership Verified

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Listing Information
Amount: $25,000.00 Status: Loan created
Grade: C DTI: 24%
Lender Rate: 20% Borrower: Babynuyear
Time Left: Finished State: CA
Funded: 100% Group: Small Business & Self Employed
Loan Information
Loan Status: 4+ months late Origination Date: 2007-06-07 EricsCC ROI: -40%
Status History
Jun 09, 2007 Current
Jan 24, 2008 Late
Feb 08, 2008 1 month late
Mar 08, 2008 2 months late
Apr 08, 2008 3 months late
May 08, 2008 4+ months late
Purpose of loan:
Expand my existing business.

My financial situation:

I have been in my business for over 20 years and have new employees / recruits that are eager to Prosper in my field of work. In turn, I am also more than eager to welcome and nurture them. I will be airing a television ad begining June 15th and actually NEED the new employees to help with the summer buying (and loans) season. Expansion is inevitable and creating a cohesive and rythmic working envirnment is essential in welcoming the generations of employees to come. At the moment all that is needed is space and equipment, hence this loan.  

Monthly net income: $ 13,700.00

Monthly expenses: $ 5,665.00
  Housing: $ 3900
  Housing Insurance: $ 50
  Car expenses: $ 25*
  Car Insurance: $ 90
  Utilities: $ 50
  Phone, cable, internet: $ 100
  Food, entertainment: $ 350
  Clothing, household expenses $ 250
  Credit cards and other loans: $ 650
  Other expenses: $ 200

* My car is paid off and I live two blocks from my office. Please do not hate me as I fill up every other month. Please note, I am single and have no children. I am presently married to my business. I have been 100% totally committed to airing this TV ad. I really do need the new recruits to handle the business this summer.
Borrower's Other Listings
116779 Excellent Opportunity to expand existing biz. 20+ yrs experi C $25,000 @ 18% Mar 28, 2007 Withdrawn
117146 EXCELLENT OPPORTUNITY TO EXPAND BUSINESS C $25,000 @ 21% Mar 30, 2007 Withdrawn
120793 EXCELLENT OPPORTUNITY C $25,000 @ 23% Apr 09, 2007 Expired
247516 EXCELLENT OPPORTUNITY! B $3,100 @ 13% Dec 09, 2007 Loan created

 

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