Re-Listing Auto Parts Store Funding ? An American Dream
| Listing Information | |||
|---|---|---|---|
| Amount: | $5,000.00 | Status: | Expired |
| Grade: | E | DTI: | 44% |
| Lender Rate: | 35% | Borrower: | aznxalan |
| Finished | State: | CA | |
| Funded: | 0% | Group: | BORROWERS - Free instant Listings - LARGEST GROUP |
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Purpose of loan: I will be using this portion of the money to start my own auto parts store. I have a lot of experiences selling auto parts on ebay. Now that I know that I have enough experiences to start my own retail store and I have constant relationship with my auto parts wholesaler. Money be used for purchasing inventories, machines, also a portion of the start up cost.My financial situation: I have a lot of experiences dealing with auto parts. I want to be another successful businessman just like everybody else. I just don't have the enough capital to start this business up. But now Prosper can give me a chance to fulfill this dream of mine. I always pay my bills on time. You can check on my prosper loan, which is always paid on time. EXPLANATION OF BAD CREDIT: The reason being why I have ended up in E catergory is that, my girlfriend got into a serious an accident. While she was driving on the freeway, just like the regular normal morning, all of the sudden a truck came out and rear ended her. Smashing her car against the guard-rail. I wished i was the one that got hit, I really love her a lot. She is seriously injured and got into the coma for a year now. Now, she finally wakes up and its time that we have repay back the money that we owe to the hospital. HERE ARE MY MONTHLY FINANCIAL DETAILS: Net income after payroll deductions from all sources: $3,000.00 Mortgage/Rent: $0 live with parents Phone: $50 dollars monthly Gas: $200 dollars monthly Electricity & Water: $0 live with parents Car Loan and Operating Expenses: $440 Food: $0 Car Insurance: $200 Cable/Internet: Using Netzero to cut down the expenses. Credit cards and loans that won't be paid off with my Prosper loan: $300.00 Other: $300 Total Monthly Expenses : $1,490 I will have $1,510.00 left to make the payments on my Prosper loan. Auto Parts Store Business Plan Executive Summary Al Auto Parts is a small, California based automobile racing parts brick and mortar and mail order organization. AAP will remain small in order to offer unprecedented customer attention. Al Auto Parts will become the premier destination for entry level and novice racing parts. The Market Al Auto Parts will be participating in an exciting, growing market. Motorsports has seen explosive growth in the USA in the 90?s. It is now the fastest growing sport in the USA. The market is worth $1.5 billion annually. A recent survey indicates that over 385,000 people have competed in organized motorsport events with even more people who have ?souped? up their cars but have yet to compete in organized events. Additionally, TV coverage for motorsports has increased dramatically helping fuel growth. Financials Al Auto Parts will be profitable from month one. Margins are forecasted to be at 30% eventually reaching 33%. Year one sales will be $350,000 for year one with a 30% growth rate for the first five years. Al Auto Parts is an exciting opportunity that combines a customer-centric organization with an explosive industry. Motorsports is becoming increasingly popular in the United States with more and more people becoming active participants. Even for those who are not true participants, it is now ?cool? to have your car ?tweaked out? even just for aesthetics. An investment in Al Auto Parts is a high growth, reasonable risk opportunity. CLOSING REMARKS TO LENDERS: Please give me a chance to fulfill my american dream. All of these money will to straight to my business, so I can fulfill my american dream. We can all benefit each other. Thanks for taking your time. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 62823 | Please Help Out My Girlfriend | HR | $3,000 @ 23% | Nov 16, 2006 | Withdrawn |
| 65267 | Paying Off Medical Bills | HR | $4,000 @ 27% | Nov 22, 2006 | Withdrawn |
| 66268 | re-list Paying off medical bills to improve my credit !! | HR | $4,000 @ 27% | Nov 26, 2006 | Withdrawn |
| 67619 | re-list Paying off medical bills to improve my credit !! | HR | $2,550 @ 27% | Nov 28, 2006 | Expired |
| 72375 | Final Listing Paying off medical bills to improve my credit! | HR | $2,550 @ 24% | Dec 08, 2006 | Loan created |
| 225484 | Auto Parts Store Funding | E | $15,000 @ 35% | Nov 03, 2007 | Withdrawn |
| 228461 | Auto Parts Store Funding ? An American Dream, No Risk | E | $15,000 @ 35% | Nov 08, 2007 | Withdrawn |
| 228467 | Auto Parts Store Funding ? An American Dream, No Risk | E | $15,000 @ 35% | Nov 08, 2007 | Withdrawn |
| 231463 | Auto Parts Store Funding ? An American Dream, No Risk | E | $8,000 @ 35% | Nov 13, 2007 | Expired |
| 236456 | Re-Listing Auto Parts Store Funding ? An American Dream | E | $8,000 @ 35% | Nov 23, 2007 | Withdrawn |
| 237157 | Re-Listing Auto Parts Store Funding ? An American Dream | E | $2,500 @ 18% | Nov 25, 2007 | Withdrawn |
| 247565 | Re-Listing Auto Parts Store Funding ? An American Dream | E | $5,000 @ 35% | Dec 09, 2007 | Expired |
| 252826 | Re-Listing Auto Parts Store Funding ? An American Dream | E | $5,000 @ 35% | Dec 18, 2007 | Expired |
| 255630 | Re-Listing Auto Parts Store Funding ? An American Dream | E | $5,000 @ 35% | Dec 26, 2007 | Expired |
| 327584 | Re-Listing Auto Parts Store Funding ? An American Dream | HR | $3,000 @ 35% | May 06, 2008 | Expired |
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