Buying Inventory

| Listing Information | |||
|---|---|---|---|
| Amount: | $8,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 0% |
| Lender Rate: | 18% | Borrower: | rlbkns |
| Finished | State: | CA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-04-18 | EricsCC ROI: | 16% |
| Status History | |
|---|---|
| Apr 18, 2008 | Current |
|
Purpose of loan: This loan will be used to purchase more inventory and advertise for my business. I am starting a clothing line that sells hoodie sweatshirts with my own brand. The website is currently being built and will be complete within a month. My financial situation: I am a good candidate for this loan because my business model has been researched and a lot of interest has already been generated. I have never been late on even one payment and view my credit as a huge part of my character. I have not and will not be late on payments or default on a loan. The expected gross income in the first 3 months is $7000 per month and then growing as we get closer to winter (some of the line will still be decent sellers during the summer- sleeveless, t-shirts, etc). I will be selling through the website, through a catalog that I am having made and at the swap meet. Thanks for your consideration. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 296839 | Buying Inventory | A | $24,000 @ 25% | Mar 21, 2008 | Expired |
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