Surgical Equipment
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 30% |
| Lender Rate: | 15% | Borrower: | GratefulHeart |
| Finished | State: | WY | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-12-12 | EricsCC ROI: | 13% |
| Status History | |
|---|---|
| Dec 11, 2007 | Current |
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Purpose of loan: We have a very successful medical company utilizing intraoperative monitoring (IOM) and sleep medicine on a Global basis. These are the two fastest growing medical market segments. We work with Neurosurgeons, Spine, Orthopaedic, and Vascular Surgeons. The medical company was established in May of 1980 and has an excellent reputation in the industry.We are in immediate need of one new IOM System for our practice. The IOM System allows our technologists to complete the live monitoring during brain and spine surgery.The loan will be PAID IN FULL IN ONE Year. My financial situation: We have Superior credit as well as very little or NO debt. We pay our credit card bills in full every month as well as payroll to our 27 employees. I am a professional educator and my spouse operates the medical company. We have excellent cash flow from the medical business and it is growing rapidly. Monthly net income: $ 4,000Teacher Salary Monthly expenses: $ 2,500 Housing: $ 1,100 Insurance: $ 250 Car expenses: $ O We have no car payments Utilities: $ 200 Phone, cable, internet: $ 250 Food, entertainment: $ 500 Clothing, household expenses $ 200 Credit cards and other loans: $ 500 Business expenses paid every month in full Other expenses: $ None |
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