Expanding Business
| Listing Information | |||
|---|---|---|---|
| Amount: | $8,000.00 | Status: | Withdrawn |
| Grade: | A | DTI: | 0% |
| Lender Rate: | 19% | Borrower: | Betty95757 |
| Finished | State: | CA | |
| Funded: | 33% | Group: | (No Group) |
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Purpose of loan: This loan will be used to?purchase a commercial mixer and oven. I am the owner of a successful pet boarding kennel and I am expanding to include the production/sale of all-natural dog treats. I prefer to finance the equipment for tax benefits but not willing to pay higher credit card interest rates. My financial situation: I am a good candidate for this loan because?I have been self-employed for about eight years and my business is doing well, located in rural Sacramento County. The majority of my clients are those living in the wealthier suburbs of Sacramento. My credit is very good and I have absolutely no deliquencies. My monthly expenses are aproximately: Income: $13000 Mortgage - 1700 SBA Loan - 700 Credit Cards (consolidated) - 700 LOC - 250 Cars - 340 + 300 Employees:5000 Total Expenses: $8990 = $4010 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 305317 | Expanding Business | A | $9,000 @ 21% | Apr 06, 2008 | Loan created |
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