Expand product line for established business.
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 15% |
| Lender Rate: | 12% | Borrower: | jazzmoney |
| Finished | State: | TX | |
| Funded: | 100% | Group: | Texas Excellence |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2006-08-08 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Aug 07, 2006 | Current |
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Our customers have been asking us to carry more products. We serve a
very niche market that has continued to gain exposure through radio
advertising, fashion magazines, and word of mouth. FeelFoxy.com has operated since day 1 debt free. Profits have been reinvested into the business to support long term growth, but the rate of expansion has not kept up with our customer demand. The loan will be used to attain new product lines that have a ROI of 100% or more. Our goal is to pay off the loan as quickly as possible, and reinvest in a new product line, helping to sustain business growth. We thank you for your support. |
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