p2p lending at lending club
Start Web Development and Hosting Business

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Listing Information
Amount: $7,200.00 Status: Loan created
Grade: C DTI: 18%
Lender Rate: 15% Borrower: vegan
Time Left: Finished State: AZ
Funded: 100% Group: Group Leaders
Loan Information
Loan Status: Current Origination Date: 2006-06-15 EricsCC ROI: 9%
Status History
Jul 12, 2006 Current
Hi!

I'm a website developer/programmer and system administrator who has been working for the past four years in the web industry as well as working on the side with my own profitable advertising-funded websites, contract web programming and secure web hosting.  I have now developed the skills I need to make money working for myself rather than making money for other people.

I am ready to put things into action.  I have an amazing business name picked out (easy to remember, easy to spell, catchy and descriptive) and I have the domain to go with it (it's a .com, no hyphen).  This money, along with other savings, will be used for corporate legal filings, trademark applications (service mark, technically), billing software licenses, datacenter costs, initial advertising, etc.

I have no doubt on the success of the business with the model I've chosen, but I do understand from experience and from helping friends start their businesses that any business takes a while, even a few years, to get off the ground and be truly profitable.  I'm in it for the long haul and will see it through to success.

I also have two small, high-interest credit cards (average: 26%) that would be better paid off quickly rather than slowly.

Thank you for your assistance in making this new business start off the best it can!

By the way, the penguin is Tux, the Linux mascot.  Read more about him here <a href="http://en.wikipedia.org/wiki/Tux">http://en.wikipedia.org/wiki/Tux</a>

(Note: I withdrew this listing [again] and placed it at an even higher interest rate and with a better description.  I need to let the market decide the rate by competitive bidding, rather than shoot for a low rate and have it fall short of being fully funded.)
Borrower's Other Listings
16997 Consolidate credit cards and help start my business C $7,300 @ 14% May 31, 2006 Withdrawn
17229 Consolidate credit cards + cover some business startup costs C $7,300 @ 16% Jun 01, 2006 Withdrawn

 

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