Working capitol for existing project.
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 0% |
| Lender Rate: | 18% | Borrower: | SirTendeth |
| Finished | State: | UT | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-12-12 | EricsCC ROI: | -49% |
| Status History | |
|---|---|
| Dec 11, 2007 | Current |
| Apr 27, 2008 | Late |
| May 24, 2008 | 1 month late |
| Jun 12, 2008 | 2 months late |
| Jul 13, 2008 | 3 months late |
| Aug 13, 2008 | 4+ months late |
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Purpose of loan: Home theater install expanded from Theater/Listening room- to whole home AudioVideo and Automation. Current vendor line is utilized and need additional funds to complete project. My financial situation: We have been in business for four years, with no late or missed payments. Project completion will free up capitol, clearing the debt acquired during the construction phase. The client is financially secure and project is on track. |
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