Cash to expand growing established business

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 9% |
| Lender Rate: | 12% | Borrower: | ChillyBlend |
| Finished | State: | CO | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2008-05-29 | EricsCC ROI: | 12% |
| Status History | |
|---|---|
| May 28, 2008 | Current |
| Oct 09, 2008 | Payoff in progress |
| Oct 15, 2008 | Paid |
|
Purpose of loan: This loan will be used to help with funding the operations and continued growth of my software company, which has been in business since 2001, and has doubled in size each of the past 3 years. With the traditional credit market afraid of its own shadow at present, I decided to turn to Prosper instead. My financial situation: I am a good candidate for this loan because I have stellar credit, and my company is very well positioned to capitalize on the bleeding-edge software development opportunities in the next generation of the Web. |
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