Making a small business grow with increased inventory

| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 41% |
| Lender Rate: | 14% | Borrower: | ohbailey |
| Finished | State: | OH | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-09-04 | EricsCC ROI: | 13% |
| Status History | |
|---|---|
| Sep 04, 2008 | Current |
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Purpose of loan: This loan will be used to purchase additional inventory in order to sell at outstandingly low prices. Our company is ran out of my house with very little over head and is wanting to grow as the response from our previous clients are increasing. Our current clients want more goods at the existing good prices and in order to reach these goals, we need to purchase more.? My financial situation: I am a good candidate for this loan because this is a second job. I am a hard working middle class person who likes a good deal when I see it. I choose not to pay full price for anything and I usually pass on to my "friends" those deals. This is how the idea of this company came about. We find product and buy it at a fraction of the cost, we than turn around and sell it to others through on-line services at approximately half the original prices found in stores. We are hoping to get a web page in order to list our products more freely as well as to purchase more inventory to achieve the needs and demands of our current and future client base. ? |
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