Starting up a business

Click Here to view this listing on Prosper
Listing Information
Amount: $4,500.00 Status: Loan created
Grade: D DTI: 20%
Lender Rate: 17% Borrower: renatomirabal
Time Left: Finished State: TX
Funded: 100% Group: A1FL
Loan Information
Loan Status: Current Origination Date: 2006-09-01 EricsCC ROI: 12%
Status History
Aug 31, 2006 Current
Hi, my name is Renato. I just recently received my car dealer?s license. I would like to start my own dealership which is why I am requesting this loan. I currently work at a dealership owned by my parents. While working at their dealership, I have gained a lot experience which will help me succeed in my business.   My monthly income and expenses are outlined below:
 
$800 for rent
$300 for bills (water, electric, etc)
$300 food
$200 car Insurance
$350 gas $300 credit card payments
$150 entertainment
$150 misc
+ _ _ _ _ _ _ __ _ _ _ _ 
$2550 monthly expenses

$3000 monthly income    

As you can see, every month I have $450 left after all expenses have been paid. This amount is more than enough to cover my payments for this loan.  

I hope to be one of the best car dealers in Texas. This can only be possible with your help and support.  The amount requested will be used for start up capital for my car dealership business. All the cars in the car lot will be protected by my insurance, just incase anything happens. I also have a savings account which I can use if necessary. At this time, I would like to thank the lenders for taking the time to read my listing.  

Thank You
Borrower's Other Listings
28746 Staring up a bussiness HR $7,000 @ 27% Aug 03, 2006 Withdrawn
28792 Starting up a business HR $7,000 @ 27% Aug 03, 2006 Expired
31692 Starting up a Business HR $4,500 @ 27% Aug 16, 2006 Expired

 

Discussion For This Listing
View Recently Discussed Listings »

No Comments Found For This Listing

Post A Comment
You must be logged in to post comments on listings. Not yet a member? register here