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Re-List! Higher Rate! Expanding Photography Studio!
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Listing Information
Amount: $5,000.00 Status: Withdrawn
Grade: C DTI: 20%
Lender Rate: 25% Borrower: Dalerus
Time Left: Finished State: WA
Funded: 14% Group: (No Group)
We just started and my business is taking off, we need to expand and add more equipment to our growing studio. Our studio is the only one in our community and our closest competition is about two towns away. We have booked out this summer in weddings and are starting to take bookings for next year! This presents me with a problem, our equipment is not going to be around for much longer, our current digital equipment is about 4 years old now, while this was good equipment, we need to upgrade.  

Also we are focusing our efforts on corning the senior portrait market in our area, with no studio spaces in our area; we need to make some changes to our garage to allow us to use it as a studio space.   I am listing our income and expenses from our day jobs; we are weekend professionals hoping to move to full time this next year.  

Thanks for looking!  
Net Income: $50,000 per year
Net Income Second Job: $6000 per year
Rental Income: $4800  
Total: $5066 per Month  

Mortgage: $755
Utilities: $200
Entertainment: $200-500
Gas: $500
Car: $365
Insurance: $200
Food: $250
Student Loans: $300
Total: $3030  

That leaves us and extra 1900+ a month for savings. This is without the income from our photography. So even if we don?t make a profit this year, this loan will get re-paid. Please take a look at our sample site, orndorffphoto.com  

Thanks for your time,   Jesse

 

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