AA Business Inventory Purchase for X-mas Ebay Sales & Beyond
| Listing Information | |||
|---|---|---|---|
| Amount: | $18,500.00 | Status: | Loan created |
| Grade: | AA | DTI: | 26% |
| Lender Rate: | 11% | Borrower: | PKDaddy |
| Finished | State: | KY | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-10-11 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Oct 11, 2007 | Current |
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Purpose of loan: This loan is to purchase inventory to be resold on eBay and Amazon.com for this Christmas season, and also hopefully year-round to help devlop a new revenue stream for my business. We have found a good supplier for very good resale items and want to take advantage of this because good suppliers are hard to find and we do not want to miss the opportunity with the season right around the corner. My financial situation: This loan is for inventory purchase; it is very easy for us to resell the items as we are already set up to sell at our business and by sourcing our own products, we can run it at next to no additional overhead cost and create a new revenue stream. I currently do not have much debt mostly due to my better half having a very good job but also do not have enough money to purchase this with our savings so I need your help :). This money will only be used for inventory purchases so we will not have a problem with our monthly payments. Monthly net income: $ 5800.00 Monthly expenses: $ Housing: $ 2000.00 Insurance: $ 125 Car expenses: $200 Utilities: $ 100 Phone, cable, internet: $200 Food, entertainment: $ 300 Clothing, household expenses $300 Credit cards and other loans: $ 700 Other expenses: $ 500 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 201448 | Need loan for Christmas Inventory Purchase and beyond! | AA | $22,500 @ 12% | Sep 13, 2007 | Expired |
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