Small Business Loan

| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 24% |
| Lender Rate: | 10% | Borrower: | MM555 |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-02-04 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Feb 03, 2008 | Current |
|
Purpose of loan: This loan will be used to cnotniue the growth of our residential cleaning franchise we opened in December 2006. This money will be used specfically to help pay for Employee Taxes. My financial situation: I am a good candidate for this loan because: I have an excellent credit history and this is going into a successful business that needs capital to sustain growth. My wife and partner run the operations of the business and myself and my other partner are the financial backers. Our franchise was ranked #3 out of 28 for franchises with sales between $5000-$6000 a week. We are now close to hitting $8000 a week. I have an excellent job and was recently promoted in April. I have been with my current company 9 years. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 263095 | Small Business Loan | AA | $5,000 @ 8% | Jan 10, 2008 | Cancelled |
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