Restaurant Equipment

| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 37% |
| Lender Rate: | 16% | Borrower: | thequarters |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-08-26 | EricsCC ROI: | 15% |
| Status History | |
|---|---|
| Aug 24, 2008 | Current |
|
Purpose of loan: To help secure more start up capital for our new business. My wife and I are opening a Sportsbar in a part of Metro Atlanta that is severely underserved. We have some funding on our own but need to secure more. My financial situation: I am a good candidate for this loan because? of my determination and execution. I do not quit until my goal is achieved. I have a track record of success with every endeavor I have ever done. And I am a strong believer in being ethical while achieving success. We hope to build up the community by providing much needed employment as well as entertainment to the residents near the proposed venue. The bank agents that we presented our proposal to said that ours was the best they've ever seen and said that the business plan is a strength. We just need more of our own money to get the business going. Our concept, preparation, and team is ready to go. Now all we need is more funding. Thank you for your time. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 366847 | Start up expenses | A | $25,000 @ 27% | Jul 14, 2008 | Withdrawn |
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