Small Press wants to be Big Press
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,000.00 | Status: | Loan created |
| Grade: | D | DTI: | 24% |
| Lender Rate: | 29% | Borrower: | SmallPress |
| Finished | State: | IL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-08-20 | EricsCC ROI: | 27% |
| Status History | |
|---|---|
| Aug 19, 2008 | Current |
|
Purpose of loan: This loan will be used to payoff some outstanding debts and expand my product line. I am a small press publisher, specializing in reprinting vintage comic strips. It's a small niche market, but my sales have been growing, the quality of my product is excellent (nominated for an industry award for first publication). My problem is that I used a, shall we say, disreputable printer for my first couple of books and his high prices and lack of quality service almost did me in. I have pumped a lot of my own personal money into this business and though I do feel I could pull out of my small financial crisis through time, on my own, it would help a great deal if I could borrow $3000 to, as I said - help pay off some debt and to expand production line. My financial situation: I am a good candidate for this loan because I pay my bills. I've had some trouble in the past, but I have a job with a large textbook publisher which is solid, been there 13 years and will be there until I retire (or my company takes off). Monthly net income: $ 6,000.00 Monthly expenses: $ Housing: $ 1500.00 Insurance: $ 80.00 Car expenses: $ 200.00 Utilities: $ 80.00 Phone, cable, internet: $ 160.00 Food, entertainment: $ 400.00 Clothing, household expenses $ 100.00 Credit cards and other loans: $ 600.00 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 376136 | Small Press wants to be Big Press | D | $7,000 @ 35% | Jul 31, 2008 | Expired |
|
Discussion For This Listing
|
||
|---|---|---|
|
No Comments Found For This Listing
|