All-American company needs working capital to handle growth.
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 20% |
| Lender Rate: | 15% | Borrower: | All-American |
| Finished | State: | CO | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-11-01 | EricsCC ROI: | 12% |
| Status History | |
|---|---|
| Nov 01, 2007 | Current |
| Jul 17, 2008 | Late |
| Jul 24, 2008 | Current |
|
Purpose of loan: My business is growing exponentially and I need working capital to handle the processing of new clients, as well as increased IT and Telephone expenses. My financial situation: I am looking for qualifed investors that want to make money. My 24 month forecast for gross revenues is $3 Million. Monthly net income: $7,200 Monthly expenses: $ Housing: $ 3,500 Insurance: $ 200 Car expenses: $ 200 Utilities: $ 400 Phone, cable, internet: $ 100 Food, entertainment: $ 400 Clothing, household expenses $ 100 Credit cards and other loans: $ 2,000 Other expenses: $ |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|