Expand existing business

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 20% |
| Lender Rate: | 20% | Borrower: | Ilyc |
| Finished | State: | MD | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Default | Origination Date: | 2007-12-14 | EricsCC ROI: | -37% |
| Status History | |
|---|---|
| Dec 14, 2007 | Current |
| Nov 29, 2008 | Late |
| Dec 17, 2008 | 1 month late |
| Jan 15, 2009 | 2 months late |
| Feb 15, 2009 | 3 months late |
| Mar 15, 2009 | 4+ months late |
| Mar 17, 2009 | Default |
|
Purpose of loan: This money would be used to expand my existing business. I would like to add more equipment, tools and advertising, to allow my business to grow. My financial situation: I am an excellent candidate for this loan. I have a strong financial history, including great credit. I have owned and operated this stable business for over 20 years, successfully. I have great work ethics, and I have a hands on participation in my business. I am also a man of character. I learned about Prosper through a television show, and thought I would give it a try. Thank you all for your time. |
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