need to expand buisness
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | B | DTI: | 21% |
| Lender Rate: | 20% | Borrower: | nmoonwalks |
| Finished | State: | IL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-05-21 | EricsCC ROI: | 17% |
| Status History | |
|---|---|
| May 24, 2008 | Current |
|
Purpose of loan: Me and my wife and my son and daughter opened a Disney moonwalk buisness 3 years ago and the buisness has grown extremely well. The only problem I have is every bank tells me that I have not been in buisness long enough to get a loan. We need to expand and this would be a great chance for my family to further our buisness since we all work together. My goal is to pay this loan off before 3 years so that then I can help somebody who may be in the same situation. I am a police officer and I still have 8 years till I am going to retire I just want to make this buisness big enough so my kids can take it over. I would really like to thank you for any help I can get. Monthly net income: $ 7000 Monthly expenses: $ Housing: $ 1500 Insurance: $ 300 Car expenses: $ 500 Utilities: $ 250 Phone, cable, internet: $ 125 Food, entertainment: $ 200 Clothing, household expenses $ Credit cards and other loans: $ 700 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 321564 | paying off high interest loans | B | $25,000 @ 15% | Apr 29, 2008 | Withdrawn |
| 326273 | need to expand buisness | B | $15,000 @ 21% | May 05, 2008 | Expired |
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