Please help with start up

| Listing Information | |||
|---|---|---|---|
| Amount: | $11,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 35% |
| Lender Rate: | 20% | Borrower: | lotus2009 |
| Finished | State: | HI | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-08-15 | EricsCC ROI: | 19% |
| Status History | |
|---|---|
| Aug 14, 2008 | Current |
|
Purpose of loan: This loan will be used to help me purchase an existing small business. This business is a great family owned business. The owner is willing to sell the business to me below market value price. This is an ooporunity for me to help with my family's financial situations. This opportunity will also help me to pay off some of my credit debts. My financial situation: I am a good candidate for this loan because I am a dedicated, trustworthy, hardworking person. The revenues from this business also provides stable income for my family and I. With the help of funding this loan, I have a goal to give back and help others who are in tough situations. I am turning to the community for a big break that will in return help others in need as well. Thank you for considering my application. Monthly net income: $ From business $8000.00-12000.00 Monthly expenses: $ Housing: $ 400 Insurance: $ Car expenses: $ Utilities: $ 300.00 Phone, cable, internet: $ Food, entertainment: $ Clothing, household expenses $ Credit cards and other loans: $ 300.00 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 373451 | Helping to empower woman owned business | C | $15,000 @ 35% | Jul 25, 2008 | Expired |
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