Inventory for automobile repair shop
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 59% |
| Lender Rate: | 18% | Borrower: | inklady |
| Finished | State: | MD | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-03-17 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Mar 17, 2008 | Current |
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Purpose of loan: This loan will be used to? Help my husband with his new business we have all ready used $25,00 of our own money. There are a few pieces of equipment that he needs to be full service automotive repair business. He has been in this field for over 30 years. This will help with cash flow to get him started. We are providing jobs for our community. He all ready has work lined up as soon as he can get the rest of the equipment he needs. My entire family has helped to build a office. They have donated their free time. We having been working 24/7 for 3 months. We just need a little out side help. We also have a son in college, (not cheap) My financial situation: I am a good candidate for this loan because? I am also working on my own business as a legal nurse consultant along with my day job as an assistant director of nursing. I will work 7 days a week to make this work Monthly net income: $ 3100.00 just my income not my husbands Monthly expenses: $ Housing: $ 2100.00 Insurance: $ 120.00 Car expenses: $ 750.00 Utilities: $ 225.00 Phone, cable, internet: $ 125.00 Food, entertainment: $ 400.00 Clothing, household expenses $ Credit cards and other loans: $ 1432.00 Other expenses: $ |
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