Small Business Loan
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 24% |
| Lender Rate: | 12% | Borrower: | AleePress |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2007-12-13 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Dec 13, 2007 | Current |
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Hello everyone. Thanks for taking a look at my listing. I?m currently in the process of starting my own letterpress business with a retail line of custom wedding invitations, baby announcements, and social stationery along with completely custom designs. I will attending the National Stationery Show in New York this coming May, 2008 where I will be launching the retail line to retailers across the United States. The loan will be used to fund the booth for the show and all other associated costs with creating the retail line. My largest expense was a Vandercook Letterpress, which has already been purchased. To keep costs down the business will be run out of home. The only loan that I have is a student loan, which is $95 a month. My fiance takes care of the mortgage and we split half of all the bills. I am on a joint credit card account with my fiance. We pay $400 on this a month. He covers $300 and I pay $100. I know that currently it shows I do not have an account set up with Prosper, but that is only due to the delay in the verification process. I currently work for a design firm as a graphic designer and will continue to do so until my business is up and running. Please email me if you have any questions. Net Income: $2,041.86 Housing: (fiance finances) Car Insurance: $83 Car Expense (no car payment): $75 Utilities: $150 Cell Phone: $75 Cable: $0 (believe it or not we don?t subscribe to cable) Food/Entertainment: $350 Student loan & Credit Car: $195 Total Expenses: $928 Free CashFlow:$1,113 |
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