Inventory for small business
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,000.00 | Status: | Expired |
| Grade: | E | DTI: | 22% |
| Lender Rate: | 17% | Borrower: | AsianImports |
| Finished | State: | CA | |
| Funded: | 0% | Group: | (No Group) |
|
Purpose of loan: I will use this loan to purchase inventory for expanding a small business. My financial situation: I started my own business in 2006 selling fair trade clothing online. The clothes are selling well, and I would like more inventory so that I can also sell at festivals this spring and summer. I am good with people and sell very well in person! My personal finances are a bit messy since my recent divorce. I am with a debt management company. With a $3000 loan, I would use $600 to catch up on payments and $2400 for inventory. ($2400 in inventory is sold for $5600, and I can sell it all quickly at a good event.) I have a consistent on-time payment history with Prosper. Monthly net income: $2600 Monthly expenses: $ 2200 Housing: $ 700 Insurance: $ 150 Car expenses: $ 80 Utilities: $ 100 Phone, cable, internet: $ 120 Food, entertainment: $ 300 Clothing, household expenses $ 50 Credit cards and other loans: $ 460 Other expenses: $ 240 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 132988 | Paying off grad school debt | C | $4,200 @ 13% | May 05, 2007 | Loan created |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|