Paying vendors, while accounts receivable are collected

| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 31% |
| Lender Rate: | 20% | Borrower: | kmc4 |
| Finished | State: | IN | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-08-07 | EricsCC ROI: | 19% |
| Status History | |
|---|---|
| Aug 07, 2008 | Current |
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Purpose of loan: This loan will be used to? payoff vendors for merchandis that has been sold. My financial situation: I am a good candidate for this loan because? I have a payment history that reflects a dedication to meet my financial obligations. I currently have outstanding accounts receivable that would cover this loan amount; yet, I have the ability to pay this loan back without current accounts receivable if needed. |
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