help buy sports team
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 19% |
| Lender Rate: | 9% | Borrower: | Buddy2007 |
| Finished | State: | IL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-10-26 | EricsCC ROI: | 7% |
| Status History | |
|---|---|
| Oct 30, 2007 | Current |
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Purpose of loan: to buy minority ownership position
in a local professional hockey team. Prairie Thunder, now in its second year in Bloomington, Illinois, is currently owned by a single owner who lives in Michigan. For the team to grow, it needs a local ownership base. I will become the lead local owner. My financial situation: You can see my strong credit background. I have never defaulted on a loan. In my work life, I am a principal in a local law firm. Our firm was one of the sponsors of the team last season. Monthly net income: >$ 12,000 Monthly expenses: $ 7,500 combined with spouse |
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