New Business Expenses
Homeownership Verified

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Listing Information
Amount: $25,000.00 Status: Loan created
Grade: AA DTI: 20%
Lender Rate: 14% Borrower: kstempler
Time Left: Finished State: NH
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2007-07-16 EricsCC ROI: 11%
Status History
Jul 14, 2007 Current
Purpose of loan: Business startup and legal expenses.

I am in the process of finally venturing out on my own and need some help to get started.  I have a opportunity that will close shortly and will need a bit of funding in order to get the first deliverable to the client. Once complete all is good. I have made a lot of money for other people and companies and it is now time to do it for my family.

Regarding employment stability. I spent about 4 years at my previous job. My current position is in the same industry and level. I run sales an marketing for companies. I have been consulting on and off for about 3 years for the current company and have finally agreed to become a permanent employee.

My financial situation: I am an excellent credit risk. I have never been delinquent on a loan and I own my home. There is sufficient equity in my home to more than cover this request.

Monthly net income: $ 11,500
Monthly expenses: $   Housing: $ 3200  Insurance: $ 700  Car expenses: $ 800   Utilities: $ 250  Phone, cable, internet: $ 150  Food, entertainment: $ 400  Clothing, household expenses $ 200   Credit cards and other loans: $ 1500  Other expenses: $ 500.
Borrower's Other Listings
158088 KBS Debt Consolidation AA $25,000 @ 12% Jun 25, 2007 Withdrawn
158909 KBS New Business Expenses AA $25,000 @ 12% Jun 26, 2007 Withdrawn
159636 KBS New Business Expenses AA $25,000 @ 13% Jun 28, 2007 Withdrawn
161205 New Business Expenses AA $25,000 @ 14% Jul 01, 2007 Withdrawn
279476 Business Expenses B $3,200 @ 8% Feb 13, 2008 Withdrawn
279644 Business Expenses B $3,200 @ 8% Feb 14, 2008 Withdrawn
279661 Business Expenses B $3,200 @ 8% Feb 14, 2008 Withdrawn
280340 Legal Costs B $3,200 @ 8% Feb 15, 2008 Expired

 

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