Buying Additional Inventory

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Listing Information
Amount: $6,000.00 Status: Loan created
Grade: C DTI: 38%
Lender Rate: 16% Borrower: Ichiban50
Time Left: Finished State: IL
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Default Origination Date: 2008-01-22 EricsCC ROI: 85%
Status History
Jan 19, 2008 Current
Jun 07, 2009 Late
Jun 19, 2009 Current
Jul 12, 2009 Late
Jul 24, 2009 1 month late
Aug 25, 2009 2 months late
Sep 24, 2009 3 months late
Nov 14, 2009 Default
Purpose of loan:
This loan will be used to acquire new inventory for our business.  This business is starting its 4th year in the wholesale janitorial industry.

My financial situation:
I am a good candidate for this loan because I have made all payments on time since my first Prosper Loan from early 2007.  All other bank loans also paid on time.

Business Monthly Revenues: $30,000+
Borrower's Other Listings
79192 Expanding Inventory AA $25,000 @ 10% Dec 29, 2006 Withdrawn
79937 Expanding Our Inventory AA $25,000 @ 14% Jan 01, 2007 Loan created
226900 Expanding Our Inventory C $5,000 @ 17% Nov 06, 2007 Expired
236874 Help Me Expand My Swim Suit Line C $5,900 @ 21% Nov 24, 2007 Expired

 

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