Internet Medical Business
| Listing Information | |||
|---|---|---|---|
| Amount: | $19,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 35% |
| Lender Rate: | 19% | Borrower: | MarrytheDoctor |
| Finished | State: | MT | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-03-11 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Mar 10, 2008 | Current |
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Purpose of loan: Internet Medical Records Storage Business This loan will be used to?Pay for final programming costs, advertising and legal fees for a new medical online business expected to be launched in the near future. Financial situation: I am in good financial shape since my husband and I are both doctors and have a steady source of income outside the new business. This business is expected to add significantly to that income (.$300,000/year). I am a good candidate for this loan because?I always pay my bills, my credit cards and other loans on time. I am also a homeowner with significant equity in my house. Monthly net income: $ My gross income is $200,000 each year I am acquiring this loan from Prosper rather than from a more traditional lender to speed up the process of acquiring the money because the business is almost ready to launch. With my busy schedule as a doctor I don't have the time to apply for a business loan from a bank. As proof of our ability to repay the loan we have real estate equity valued at more than $750,000. Thank you. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 271253 | Doctor in need | C | $25,000 @ 31% | Jan 25, 2008 | Expired |
| 275994 | Medical business | C | $25,000 @ 31% | Feb 05, 2008 | Expired |
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