Re-listing: Business loan
| Listing Information | |||
|---|---|---|---|
| Amount: | $4,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 35% |
| Lender Rate: | 16% | Borrower: | 1Kindwolf |
| Finished | State: | AZ | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-10-23 | EricsCC ROI: | 13% |
| Status History | |
|---|---|
| Oct 20, 2007 | Current |
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Hello I am re-listing my request on Prosper because I know that there are lenders out there that understand the potential growth of my business. I recently became an Independent Distributor for Fuel Freedom International Inc. FFI produces and distributes, through Independent Distributors, MPG Caps; a fuel enhancing pill that lowers emissions, and increases fuel mileage. I have been doing well with the word of mouth sales; however, I feel I could boost sales and increase my business if I could market my business with advertising. I will also use part of the proceeds to fund my brother-in-law in the Philippines to be a distributor there. The Philippines is a new market for FFI and I feel that this will help my business grow very fast. The Philippines is a good market for this product because they use low-grade fuel (mostly diesel) in their vehicles. FFI has about 100,000 distributors in 200 countries around the world. There are over 600 Million motor vehicles in the world today. That?s about 6,000 motor vehicles per distributor. As you can see the potential for growth is enormous. You can learn more about FFI and how the product works at my web site. www.munsonfuelsaver.myffi.biz My financial situation: My bills are all current, and I pay them promptly. My job is stable and sales from my business are growing steadily. I ran into some financial problems in the past. I had a retail business in 2003, a mall cart. I worked at the cart every day from Oct to January. Sales were less than expected and I lived off my credit cards for the 3 months. After I closed the cart, I found a job, but the damage was already done. This explains the delinquencies in my credit. Since then, I have paid off 2 credit cards and purchased a home with my wife. The income and expenses that are listed below are for myself, I am married and my wife also has a full time job. Monthly net income: $ 2,484 Job: $2,184 Income from business: $100 (Estimated on previous sales) Rent from Nephew: $200 Monthly expenses: $ 2,143 Housing: $ 900 Insurance: $ 122 Car expenses: $ 258 Utilities: $ 102 Phone, cable, internet: $ 68 Food, entertainment: $ 245 Credit cards and other loans: $ 380 Product for business $ 68 (estimated on previous sales) Thank you for considering me. I?m sure that with your help, my business will grow rapidly! Have a Wonderful Day! |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 209445 | Boost sales for my business | C | $4,000 @ 19% | Oct 01, 2007 | Expired |
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