Established Transportation Business Needs a Loan
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 8% |
| Lender Rate: | 13% | Borrower: | truckinghero |
| Finished | State: | IL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Late | Origination Date: | 2008-06-02 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Jun 05, 2008 | Current |
| Nov 18, 2008 | Late |
|
Purpose of loan: This loan will be used to pay for the engine overhaul. Two of my older trucks need complete engine repair. Trucks odometers show 500k miles. I have on option to replace these trucks with new ones and accumulate more debt, or perform an engine overhaul on fully paid trucks prolonging their life for another 500k miles. I rather choose the second option, especially given the fact that these trucks are already out there making money. I have chosen prosper to get financing, because I want the small people to make money of my loan and second I am tired of big banks getting fat. My financial situation: I am a good candidate for this loan because? My company nets way over 100k+ a year, I have been in this business for 8 years. I am a homeowner and I have a investment property pumping put cash every month. I can pay for overhaul from my own pocket, but I want to establish myself on prosper and start a group one day |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|