Startup Business Expenses
Homeownership Verified

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Listing Information
Amount: $7,500.00 Status: Loan created
Grade: B DTI: 32%
Lender Rate: 18% Borrower: asset-expert934
Time Left: Finished State: AZ
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Current Origination Date: 2008-09-22 EricsCC ROI: 17%
Status History
Sep 19, 2008 Current
Purpose of loan:
This loan will be used for startup business expenses and cash flow for the next six months while I am building the businesses.  I have two direct sales businesses  (one of which offers a vending machine opportunity), two internet online businesses and one developing website, www.homebusinessandyou.com, which is under construction, but you can access a temporary version now.  I need help finishing the website, setting up my businesses as a corporation, building business credit, expanding through the internet by linking to merchant networks, etc.  I want to link to companies such as Propel, Marketing and Networking websites reaching out to those who are looking for business opportunities and financing resources.  I am in need of a laptop computer and associated items, can purchase services through BCScredit.com which will incorporate my company and help build my business credit the right way over a 6-12 month period.   
My financial situation:
I am a good candidate for this loan because I have a steady  job. I am wanting to supplement my income to build a solid multiple business income stream before I retire in the next few years.  The sooner the better, so that I can work from home with these businesses and be able to help others.
Monthly net income: $ 4830.62

Monthly expenses: $
  Shared Housing Expenses, Utilities, Phones, etc. - My share is  $1,100.00    
  Insurance: $85.00
  Car expenses: $ 495 for car payment and $300 appx for fuel, $30 for maint.
  Food, entertainment: $ 300.00
  Clothing, household expenses $ 100.00
  Credit cards and other loans: $ 1,051.00
  Other expenses: $ 681.00 student loan payment

 By the Way, I'm the one in the Pink Shirt with my two granddaughters sitting on my lap at our family reunion. 
Borrower's Other Listings
394159 Pay Off my highest interest rate cards (2) B $12,000 @ 10% Sep 07, 2008 Withdrawn

 

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