IT Business Loan

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Listing Information
Amount: $7,000.00 Status: Loan created
Grade: C DTI: 68%
Lender Rate: 19% Borrower: vincentnguy
Time Left: Finished State: CA
Funded: 100% Group: 435 Supporting Lenders - Get FUNDED @ LOWER % than ANY group
Loan Information
Loan Status: 4+ months late Origination Date: 2007-07-06 EricsCC ROI: -41%
Status History
Jul 05, 2007 Current
Oct 21, 2007 Late
Nov 07, 2007 1 month late
Dec 07, 2007 2 months late
Jan 05, 2008 Current
Feb 04, 2008 3 months late
Feb 07, 2008 4+ months late
Purpose of loan: 

I am hoping to get a loan thru fellow prosper friends.  It's a loan for a growing IT Consulting Business. 

My financial situation:

My financial situation is pretty good with respect to making on time payments.  I have one bankruptcy which will
be off my record by the end of this year.

Monthly net income: $ 5,000.00


Additional comments:  I have no doubt that my IT business will continue to grow.  I am hoping to use the loan for marketing purposes.  My clients are small business with about 10 computers.  I charge my clients according to the time I am present and working for them.  My business is expanding a great deal and I am looking to hire my first employee soon.  The new employee's task will be to take over my technical job and I will be free to implement my marketing plan.  Any help will be much appreciated.  Thank you.


Borrower's Other Listings
43101 Financing an Engagement Ceremony E $5,000 @ 29% Sep 28, 2006 Withdrawn
44283 IT Business Loan E $2,550 @ 24% Oct 03, 2006 Expired
48513 Computer Business loan E $2,550 @ 24% Oct 15, 2006 Expired

 

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