Growing Computer Consulting Business
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 0% |
| Lender Rate: | 15% | Borrower: | inetwerxllc |
| Finished | State: | AZ | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-08-26 | EricsCC ROI: | 15% |
| Status History | |
|---|---|
| Aug 26, 2008 | Current |
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Purpose of loan: This loan will be used for my consulting business, Innovative NetWerx, which is based in Scottsdale, Arizona. My company provides computer sales, service and support to local small to medium-sized businesses (500 seats or less) and is growing rapidly. We hold certifications and/or partner with Apple, CompTIA, Cisco, Citrix, Dell, HP, Microsoft, Novell, Symantec, Toshiba, Trend Micro, Watchguard, and many others... We have two full time employees and 10 contracted clients ranging from 5 hours to 40 hours per month. We also have many clients that do not have contracts, but are using us on a regular basis. Please feel free to visit our website at http://www.inetwerx.com for more information about what we do. Monthly product sales have also been increasing and the loan would be used to secure additional equipment, product and support staff, as needed. We need a new Windows Server 2003 for the office. We have been making do without a server until we really needed one, and we REALLY NEED ONE!!! With the addition of a few more monthly support contracts, we definitely need to bring on an additional Systems Engineer. We may also need to hire an internal position to take care of inside sales and support to our existing client base. This loan would also be used for working capital and to help offset costs for vendor reseller, warranty agreements and training. My financial situation: I am a good candidate for this loan because I have the technical expertise in the computer industry and have the knowledge and experience to manage a successful small business. My credit grade is AA, which to me means "ALWAYS ADAMANT" about paying bills on time, EVERY time!!! However, if there was a complete financial tragedy in my life, I would still be able to pay back the loan from my personal savings. What if my personal savings suddenly vanished, you ask?! My wife would have to go back to work... We decided that we wanted one of us to stay home to take care of our twins. She is a Breast Cancer Surgeon and could easily go back into private practice and be able to pay off the loan. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 376758 | Growing Consulting Business | AA | $25,000 @ 21% | Aug 02, 2008 | Expired |
| 380442 | Growing Computer Consulting Business | AA | $15,000 @ 17% | Aug 10, 2008 | Withdrawn |
| 380444 | Growing Computer Consulting Business | AA | $15,000 @ 17% | Aug 10, 2008 | Withdrawn |
| 380447 | Growing Computer Consulting Business | AA | $15,000 @ 17% | Aug 10, 2008 | Expired |
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