Buying Established Business
| Listing Information | |||
|---|---|---|---|
| Amount: | $9,999.00 | Status: | Loan created |
| Grade: | A | DTI: | 21% |
| Lender Rate: | 9% | Borrower: | entrepreneur1234 |
| Finished | State: | AZ | |
| Funded: | 100% | Group: | Have Money - Will Bid |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-09-06 | EricsCC ROI: | 7% |
| Status History | |
|---|---|
| Sep 06, 2007 | Current |
|
Hello and thank you for taking the time to review profile. This is your first step to determine my credibility as a borrower.My hope is to make a good impression. I have been employed at Gila River Casinos since October of 2003. I am just finishing up my bachelor degree program at the University of Phoenix and already have an Associate Degree from Collins College (2002). If I am fortunate enough to be funded through Prosper, the funds will go towards buying an established business.The business (laundormat) I want to buy is 50k down (75k total). I currently have 40k and need another 10k. Business: Laundromat and Barber Shop Avondale, Arizona Financials Asking: $75,000 (Have $40,000 now.) Cash Flow: $80,000 Summary Description This is a laundromat with a barber shop in the back of building.I plan to add a dry-cleaning service as well. General Information Year Established: 2 yr Employees: 3 Facilities: 2300 sq ft shop with a rent of $2000 My Financial Situation: Monthly net income: $ 4200 Monthly expenses: Housing: $ 500 Insurance: $ 100 Car expenses: $ Utilities: $ 70 Phone, cable, internet: $ 150 Food, entertainment: $ 500 Clothing, household expenses $ Credit cards and other loans: $ 400 Other expenses: $ Lenders for this loan can rest assured that their investment in me is quite safe. I am an outstanding candidate for this loan as I am an extremely responsible, reliable individual who always pays bills on time and has an excellent ?A? credit rating. I earn a very good salary from my full-time position at Gila River Casinos, and will earn additional income from this business ($4,500 net per month), Maintaining and improving my good credit is extremely important to me. Repayment of my Prosper loan will be my first priority each month, so payments will be automatically withdrawn. I promise to make all my payments on time and not default on the loan. Thank you for considering my listing, I appreciate your support and faith in me. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 182977 | Buying Established Business | A | $25,000 @ 8% | Aug 07, 2007 | Withdrawn |
| 184823 | Buying Established Business | A | $25,000 @ 8% | Aug 09, 2007 | Withdrawn |
| 186120 | Buying Established Business | A | $20,000 @ 10% | Aug 13, 2007 | Withdrawn |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|