Buying Business
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 8% |
| Lender Rate: | 11% | Borrower: | iu3939 |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-06-18 | EricsCC ROI: | 9% |
| Status History | |
|---|---|
| Jun 18, 2008 | Current |
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Purpose of loan: This loan will be used to? buy an existing business. I am buying the business for 100K and I only have 85K cash so I will need to borrow the remaining 15K. The guy I am buying the business from is moving back to India because of family problems so he really needs to sell to get back home. His average net per month is 35K; I am very excited to get the business started. With the purchase price I will be receiving 40k in inventory and assets; this is a really good opportunity for me and my future family.My financial situation: I am a good candidate for this loan because? I make really good money and my credit score is almost 800. I have the payments set up on automatic payments so the loan will be paid back in full. I have great credit and will keep it that way. Please invest in me and we can all make money without the bank. I have been approved for a bank loan but I would rather people get my interest and not the bank. Thanks for your time and investment. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 346009 | Getting Married, Kitchen Make Over | AA | $20,000 @ 16% | Jun 06, 2008 | Withdrawn |
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