Startup Business Expenses

| Listing Information | |||
|---|---|---|---|
| Amount: | $7,500.00 | Status: | Loan created |
| Grade: | B | DTI: | 32% |
| Lender Rate: | 18% | Borrower: | asset-expert934 |
| 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 |
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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| 394159 | Pay Off my highest interest rate cards (2) | B | $12,000 @ 10% | Sep 07, 2008 | Withdrawn |
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