Business Expansion
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 24% |
| Lender Rate: | 12% | Borrower: | Adrianita |
| Finished | State: | NY | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-11-30 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Nov 30, 2007 | Current |
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Purpose of loan: I?ll be spending the money in repairs and renovations, purchasing day care equipment, and to build a cash reserve to cover expenses during the lows of the business cycle. My financial situation: As my credit record shows, I?m very responsible when it comes to keep my finances in order. I have a strong business sense and I know the importance of keep an excellent credit. My business provides me with a good income, but I would like to expand it. Since I run a home business, my living expenses and business expenses are mixed. My gross income is an average of $8500/month Monthly Net income: $ 3000 Monthly expenses: $ 1650 Housing: $ 0 (included as a business expense) Insurance: $ 0 (included as a business expense) Car expenses: $ 0 (no car) Utilities: $ 0 (included as a business expense) Phone, cable, internet: $ 0 (included as a business expense) Food, entertainment: $ 600 Clothing, household expenses $ 300 Credit cards and other loans: $ 550 Other expenses: $200 |
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