Start-Up Funding
| Listing Information | |||
|---|---|---|---|
| Amount: | $2,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 2% |
| Lender Rate: | 8% | Borrower: | hkp2 |
| Finished | State: | IL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2008-09-03 | EricsCC ROI: | 8% |
| Status History | |
|---|---|
| Sep 04, 2008 | Current |
| Jul 08, 2011 | Payoff in progress |
| Jul 14, 2011 | Paid |
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Purpose of loan: This loan will be used to help provide funding for a start-up clothing business. In particular, the money will be used to help pay for the company's first trunk show. Potential buyers are already interested in the clothing and this will be a great opportunity to help build the business. Thank you in advance for your help! My financial situation: I am an excellent candidate for this loan because all of my bills are current and I currently live with a relative of whom I do not pay rent to. As a result, my debt to income ratio is very low. Monthly net income: $ 2000 Monthly expenses: $ 800 Housing: $ 0 (I live with a relative) Insurance: $ 0 Car expenses: $ 0 Utilities: $ 0 Phone, cable, internet: $ 300 Food, entertainment: $ 150 Clothing, household expenses $ 100 Credit cards and other loans: $ 250 Other expenses: $ 0 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 338436 | Paying off various expenses | D | $5,000 @ 22% | May 24, 2008 | Expired |
| 514114 | Business Start-up Capital | C | $5,000 @ 19% | Jul 03, 2011 | Loan created |
| 678606 | Debt consolidation | C | $4,600 @ 17% | Nov 28, 2012 | Loan created |
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