Safe loan for successful business-excellent payment history
| Listing Information | |||
|---|---|---|---|
| Amount: | $6,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 30% |
| Lender Rate: | 19% | Borrower: | stayput |
| Finished | State: | MI | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-11-21 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Nov 23, 2007 | Current |
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I am requesting this loan for growing my successfully running training and consulting business. I work fulltime as a Software Architect in a growing supply-chain business, where my supervisors are very happy with my contributons. Thank merciful God, I always had work after the dot-com burst as I learn and adapt quickly to market needs. I also run a successful advisory, training and consulting side business and am able to realize decent net margins averaging 30% plus. I have trained and consulted for large clients such as Fedex, T-Mobile, Learjet, Northern Trust, A C Nielsen, UBS AG, HealthPlus. When I started my business activities, I needed instant money for training, promotion, memberships and setup; and I went to the quickest source of money - Credit cards. They offered good introductory rates and decent balances.I always make my payments on time. May be I should have explored other options. But since I constantly need operating capital for my business, the principle on credit cards stays put, as my rates are still manageable. These credit card balances have impacted my credit history otherwise I had a score of almost 800 not too long back. Good times will be back and hope you can help me with that while making some money. The business is doing well and my payment history to my loans is spotless. Sorry to say and quite understandably, the credit rating system is tilted towards the lender and it is very easy to land up in rating traps. I would now like to pay individual lenders rather than banks for my future needs. I believe in hard-work and knowledge rather than fly-by-night ideas and think 19% is an excellent interest rate for my loan. If you are interested in knowing about my services and businesses, please write to me. From a cash flow perspective, I and my spouse bring in excess of 200,000 per annum. Our outflows per month: House + property tax + HELOC = 2400 Expenses = 3300 Commute + auto loans = 1500 Credit card payments = 2000 As a special bonus to my lenders, I would be delighted if my experience as Java Software architect can be of help. I also have considerable experience and knowledge on equities and derivative options and strategies. One of my strong skills is to think out of the box and to analyze risk. I am hopeful that I can find you solutions, either save you or make you money, in addition to the interest you earn from me via this prosper loan. Please bid with confidence and help me grow my business while you earn interest income instead of the banks. On the personal side - I am married, have two wonderful kids and I also take care of my parents. My friends generally think well of me, and I keep myself engaged in charity and creativity activities at work and at my kids' schools. Sharing brings me immense joy and so do wonderful stories of kindness, courage and innovation. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 62437 | Share prosperity with people vs banks-Spl lender bonus | C | $20,000 @ 17% | Nov 15, 2006 | Withdrawn |
| 62564 | Prosper from growing business - Special Lender bonus | C | $15,000 @ 17% | Nov 16, 2006 | Withdrawn |
| 63483 | Safe loan for successful business-special lender bonus | C | $6,000 @ 17% | Nov 18, 2006 | Loan created |
| 227223 | Safe loan for successful business-special lender bonus | C | $9,000 @ 17% | Nov 06, 2007 | Withdrawn |
| 227247 | Safe loan for successful business-excellent payment history | C | $8,000 @ 19% | Nov 08, 2007 | Withdrawn |
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