Need working capital
| Listing Information | |||
|---|---|---|---|
| Amount: | $4,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 28% |
| Lender Rate: | 18% | Borrower: | aec79 |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-07-31 | EricsCC ROI: | 17% |
| Status History | |
|---|---|
| Jul 30, 2008 | Current |
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Purpose of loan: This loan will be used to help maintain my business until our account receivables come in. My plan is to leave corporate america and operate my business full-time however I really need some capital to help with a few remaining start-up expenses. At this point, I have used all of my personal investments to get the business off the ground but I need a little help. My company, Behind The Veil is a production company that produces bridal expos. I am set to launch my first show early 2009. My financial situation: I am a good candidate for this loan because all of my bills have been paid on time and I am extremly dedicated to being financially responsibile. My credit card balances are a little high right now because of the start-up expenses of the business, but these will be paid down in the next 4 months since I have several account receivables coming in all at one time. Monthly net income: $ 2700 Monthly expenses: $ Housing: $ 640-mortgage Insurance: $ Car expenses: $ 600 Utilities: $ 200 Phone, cable, internet: $ Food, entertainment: $ Clothing, household expenses $ Credit cards and other loans: $ 300 Other expenses: $ |
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