p2p lending at lending club
Day Spa Opening/ need only 4K more for electrical on bldg.

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Listing Information
Amount: $4,800.00 Status: Expired
Grade: HR DTI: 10%
Lender Rate: 35% Borrower: Fehu
Time Left: Finished State: UT
Funded: 0% Group: (No Group)
get a GREAT return on your money. I pay my bills on time. 

Purpose of loan: This loan will be used to finish electrical upgrades to Open my Day Spa. I have all the equipment paid for in cash. All renovations on commercial space paid and in progress. It is an older building and I need another 4,800 for electricians to upgrade all the wiring in the building space and attach a 200 amp service on the back of the building. This is a city requirement. I have exhausted my savings with all the equipment and construction.  http://www.outbackisland.com 

My financial situation: I am a good candidate for this loan because? I am a responsible business woman with 30 yrs. of successful business experience. I have a great job I have been at for 8 years with a good income. I pay my bills on time. My Credit scored are 620 and going up. I will also be getting an additional sum in Feb. for Military retirement pay.  I am stable, ethical and will use my successes to re invest in prosper.

I am not sure why I am listed here as HR as my credit scores do not reflect that. They are 620's. The only blurb on my past credit is the bankruptcy in 2007 to get rid of my ex husbands exhorbitant debt. I could not repair my credit without it.

Investment Return: The Day spa will gross ( on a bad yr. ) 335,000 for 2008 and net 260K. This will allow for expansion and marketing growth. I am on my way to financial freedom and have worked hard to get here. I pay my debts on time. 

Monthly net income: $ 4,860
Monthly expenses:    
Housing: $ 850  
Insurance: $ 100  
Car expenses: $ NONE Car paid in full    
Utilities: $ 200  
Phone, cable, internet: $ 150  
Food, entertainment: $ 300  
Clothing, household expenses $ 20  
Credit cards and other loans: $ 200  
Other expenses: $ no other expenses except the business and it will pay for itself. 
Borrower's Other Listings
258291 Day Spa Opening / All equipment Paid Just 6K needed to open HR $6,000 @ 25% Dec 31, 2007 Withdrawn
259428 Day Spa Opening/ need only 6K more for electrical on bldg. HR $6,500 @ 35% Jan 03, 2008 Withdrawn
260365 Day Spa Opening/ need only 6K more for electrical on bldg. HR $4,800 @ 35% Jan 05, 2008 Withdrawn
265748 Day Spa Opening/ Responsible Ethical Borrower 2nd listing HR $4,800 @ 35% Jan 15, 2008 Expired
271494 Day Spa Opening/ 630 scores,Ethical Borrower HR $3,400 @ 35% Jan 25, 2008 Expired
350040 Paying off 1 at a time HR $1,800 @ 35% Jun 13, 2008 Withdrawn
354134 Obstacles are frightful when your eyes are off the goal HR $1,800 @ 35% Jun 20, 2008 Expired
358523 Obstacles are frightful when your eyes are off the goal HR $1,800 @ 28% Jun 27, 2008 Loan created

 

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