Firearms & Tactical Training Business

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 18% |
| Lender Rate: | 18% | Borrower: | pelasgian |
| Finished | State: | WA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2008-01-25 | EricsCC ROI: | 17% |
| Status History | |
|---|---|
| Jan 25, 2008 | Current |
| Jun 11, 2008 | Payoff in progress |
| Jun 14, 2008 | Paid |
|
Purpose of loan:This loan will be used for business start-up expenses. I have used Prosper in the past and had a great experience with it. My previous loan was used for the purpose of consolidating debt and has been completely paid off on time and without incident.I recently purchased property that I will be using as a training facility. I am a police officer with a long history as a chief firearms instructor and full-time SWAT team member of a large urban police force. In recent years I have started to contract privately as a firearms and tactics instructor for companies such as http://activeshootertraining.com/instructors.html and as of last year have been moving towards obtaining my own facilities so that I may go into business for myself. I am now halfway towards realizing that goal. My financial situation:Making the payments on this loan will be very manageable since I have three sources of reliable income: full-time job, teaching contracts with various local agencies and rental property income (and there is also my wife?s income). I also take my financial responsibilities very seriously since I firmly believe all of my actions are a reflection on my character. I would be happy to answer further questions you may have. I can assure you that you will be making a sound investment.I appreciate your time in taking a look at my profile. note: the recent inquiries are due to my shopping around for a mortgage broker for the purchase of property for my business. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 159253 | Debt Consolidation Before Parenthood | A | $5,000 @ 13% | Jun 27, 2007 | Withdrawn |
| 159888 | Debt Consolidation Before Parenthood | A | $15,000 @ 10% | Jun 28, 2007 | Loan created |
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