Guaranteed by Restaurant Gift Certificates
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 0% |
| Lender Rate: | 30% | Borrower: | diningperks |
| Finished | State: | GA | |
| Funded: | 100% | Group: | Doc's Credit Community Join Now! |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Default | Origination Date: | 2008-01-03 | EricsCC ROI: | -56% |
| Status History | |
|---|---|
| Jan 01, 2008 | Current |
| Apr 18, 2008 | Late |
| May 06, 2008 | Current |
| May 24, 2008 | Late |
| Jun 05, 2008 | 1 month late |
| Jul 09, 2008 | 2 months late |
| Jul 10, 2008 | 1 month late |
| Jul 11, 2008 | 2 months late |
| Aug 04, 2008 | 3 months late |
| Sep 04, 2008 | 4+ months late |
| Dec 29, 2008 | Default |
|
We allow restaurants to advertise on the web, on tv, in e-mail, and via
print. We do not charge the restaurant any cash. They pay us in gift
certificates. We then sell the gift certificates at a discount to
Turner Broadcasting and AAA Auto C;ub South members. We have over $60,000 per month owed to us in these certificates. We have just finished all of our shooting for the latest batch of restaurants and all bills are paid. We would use these funds to advertise our http://www.diningperks.com web site. We sell the certificates there. We have been in business 17 years and enjoy a wonderful reputation. Joe [LAST NAME DELETED] CEO http://www.atlantadining.com http://www.diningperks.com Thanks Prosper for a great year - our internet sales are up 400% - the internet is now our largest customer - it used to be Turner Broadcasting and AAA --- We use these funds to help independently owned restaurants advertise on the web - tv - e-mail etc - with no cash all trade - we have been in business 19 years now. We will use the funds to add more restaurants and maybe one day go national - joe |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 3120 | Secured by food | C | $25,000 @ 20% | Mar 23, 2006 | Expired |
| 20795 | Gauranteed by Restaurant Gift Certificates | C | $3,001 @ 17% | Jun 20, 2006 | Loan created |
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