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I need this loan to fund inventory for my online business. We bought inventory 4 months ago and have an oppurtunity to purchase more. Our Return on investment is roughly 100% and this loan will probably be paid off in less than the 3 years. In the last 3 months we have averaged $3000 in sales a month. With a wider diversity of product we should boost that to around $5000, just a little more than the $1000 payment. I work part time as we have 4 kids and the income I listed reflects my $15,000 I make at work and the $23,000 I made online . We only owe on our house we have an 80/10 loan on the house other than that I have have no balance on any credit card. We own our vehicles outright with no loans. Our philosophy is if we cannot buy personal items with cash we do not buy it. My husband works full time and makes 50-60 a year. If there are any questions please email. |