Consolidate High Interest Loan
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Withdrawn |
| Grade: | B | DTI: | 63% |
| Lender Rate: | 12% | Borrower: | bemore |
| Finished | State: | IN | |
| Funded: | 0% | Group: | ICAN Money |
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Last year my sign business declined by about 10% for the first time in 7 years. In addition,an employee issue that I did not act on quickly enough, cost more than it should, but was resolved before our slowest holiday season. Because of this slowdown we have had a few late payments on credit cards, but are keeping fairly current. Cash flow has been a real issue. Business has picked up and anticipate regaining the 10% we lost, as well as seeing about a 10 - 15% increase in sales. We have institued several proactive marketing programs that are starting to produce results. This last month alone we quoted over $65,000 in new jobs, up from typical $32,000 in quotes. We tend to have a very high win rate. We are also introducing several new and innovative products. The purpose of the loan is to pay off several high interest credit cards with small balances and reduce the number of payments and creditors. During first 10 days of April we booked more business than we did in March. This trend should continue. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 100289 | Lean months | AA | $5,000 @ 8% | Feb 16, 2007 | Withdrawn |
| 107207 | Help Refi | AA | $17,000 @ 11% | Mar 06, 2007 | Loan created |
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