Business expansion / diversification
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 19% |
| Lender Rate: | 15% | Borrower: | Hivelocitie |
| Finished | State: | FL | |
| Funded: | 100% | Group: | eBay Biz Group |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2006-06-16 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Jul 12, 2006 | Current |
|
We require funds for expansion of a successful five year + old retail storefront and online business. We are The Gun Store Inc - a full line sporting goods dealer in east Central Florida with a full line of products and services serving the shooting sports community. We have over $80,000.00 on hand in inventory and average nearly 1/2 million a year in gross sales. Our online business is primarily on Ebay. We have two Ebay user ID's - thegunstore and Hivelocitie. The primary sales channel online is thegunstore - this is a four year old account with a "shooting star" indicating a feedback profile in excess of 10,000 comments. Thegunstore on Ebay has a 99.6 percent customer satisfaction rating and has well over 13,000 positive feedback coments from customers. We are one of the largest sellers of conceal carry leather products - Holsters and related components, in the world. Our secondary account is Hivelocitie - it has over 1300 positive comments from consumers and carries a 99.4% customer satisfaction rating, this account, our original, is over 5 years old. We are seasoned vetrans on the internet and require additional funding to increase our lines and diversify into different categories of online sales in the sporting goods category.You are welcome to check out our e business site by going to <a href="http://www.theholsterstore.com">www.theholsterstore.com</a> Additionally we are planning to ad an indoor shooting range to our retail storefront located approximatley 20 minutes due east of Walt Disney Worlds main gate. There is no other facility like this in the entire county. We are certain the additional facilities will double our retail income in the storefront and the business plan we have validates this. We are honorable hardworking people that pay our debts as agreed. Investing in the growth of this successful company is a solid low risk investment and a money making opprotunity. * A note about the "C" rating - this is a result of several late payments on a mortgage just over 9 years ago - the financial stress nine years ago was the result of a divorce. My credit report is without blemish since. Thank you for your consideration, J.B. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 17689 | Business Expansion / Diversification | C | $9,000 @ 12% | Jun 04, 2006 | Withdrawn |
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