Re-list - Need working capital
| Listing Information |
| Amount: | $15,000.00 |
Status: | Loan created |
| Grade: | C |
DTI: | 33% |
| Lender Rate: | 23% |
Borrower: |
skintight54
|
| Time Left: | Finished |
State: | GA |
| Funded: | 100% |
Group: |
FINANCE & INVESTMENTS
|
| Loan Information |
| Loan Status:
| 4+ months late |
Origination Date:
| 2007-06-14 |
EricsCC ROI:
| -44% |
| Status History |
| Jun 13, 2007 |
Current |
| Mar 29, 2008 |
Late |
| Apr 16, 2008 |
1 month late |
| May 24, 2008 |
2 months late |
| Jun 15, 2008 |
3 months late |
| Jul 15, 2008 |
4+ months late |
|
Hello, Amount of loan: $15,000.00Interest Rate: 23.5%We have been in business since 1992. We have obtained several new contracts and need working capital ($5,000) and to purchase a used patrol car. The company?s revenue is approximately $420,000/yr. We are projecting a revenue of $1,000,000+ for the years 2007/2008 with the new contracts that we have obtained. Just need some help until new clients began to pay invoices.We provide security guard services for several hotels, nursing homes, universities and state government. Monthly income: $16,000.00Monthly expenses:House payment: $5,700.00Utilities: $300.00Insurance: $250.00Car payment: $1,900.00Misc. expenses: $700.00Other income (spouse): $75,000.00/yr.Equity in home ? approximately $500,000Equity in cars ? approximately $30,000 |
| Borrower's Other Listings |
| 134134 |
Need working capital |
C |
$25,000 @ 18% |
May 07, 2007 |
Expired |
| 140586 |
Working Capital |
C |
$18,000 @ 26% |
May 21, 2007 |
Expired |
|
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