Business is growing debt is declining

| Listing Information | |||
|---|---|---|---|
| Amount: | $2,000.00 | Status: | Expired |
| Grade: | E | DTI: | 37% |
| Lender Rate: | 5% | Borrower: | okiedokie4 |
| Finished | State: | PA | |
| Funded: | 0% | Group: | BORROWERS - Free instant Listings - LARGEST GROUP |
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This is the second prosper loan I am listing for completion. The fist one has been paid every month and on time. I am married with four kids. I have been actively paying our debt down with money I am making from a growing embroidery business. I need to get another embroidery machine to add to the one that I have so I can do more jobs. I am limited by only having one. I was recently able to save to buy a huge heat press machine that expanded my business drastically. I was hoping to get another loan to cover the cost of an additional machine and help to build my credit rating even more. The machine needs to go in for service so I will be out of business for two weeks while the part comes in and the repairs are done. Things have gotten better since our first loan. We are steadily paying things off. We recently had to replace our furnace but I had the money put aside from the business earnings and paid for that with a check. Our monthly income is about 5,500 from regular paychecks. House payment 1700.00 Cars 850 Credit Cards 450.00 Consumer debt 150 Student loan 198.00 medical (not covered by insurance) 350 Utilities 400.00 My business is bringing in about 1000 dollars a month now. If you would like to be my silent partner please consider this listing. I have been in business for nine years. I am a stay at home mom and was not very serious about because the kids were small. Now they are all teenagers and I am able to do more since they are not as dependent on mom. The business really started to take off in the last few months. Thanks for any consideration. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 59748 | on the road to better credit | HR | $1,000 @ 1% | Nov 10, 2006 | Loan created |
| 262985 | Paying off some lingering debt | E | $2,500 @ 5% | Jan 10, 2008 | Expired |
| 336602 | Small business growing fast... | E | $2,500 @ 35% | May 21, 2008 | Expired |
| 403764 | Looking to continue building my credit | HR | $2,500 @ 35% | Sep 24, 2008 | Expired |
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