professional expanding business and income opportunities
| Listing Information | |||
|---|---|---|---|
| Amount: | $12,500.00 | Status: | Loan created |
| Grade: | A | DTI: | 0% |
| Lender Rate: | 20% | Borrower: | xmaSLIGHTSPROFL |
| Finished | State: | FL | |
| Funded: | 100% | Group: | The Christmas Light Pros Business Opportunity |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-10-03 | EricsCC ROI: | 19% |
| Status History | |
|---|---|
| Oct 03, 2008 | Current |
|
Purpose of loan: This loan will be used to? capitalize and fund a xmas lights pro licensed business to hang xmas lights in florida. The Christmas Lights Pros have a proven method of training and supporting their licensees. On average, their licensees will gross $45,000 in their first year of business, with a 70% profit margin. Their Gross revenues typically will double the second year. Their start-up packages range in price from $12,500-$20,000. Many of their licensees recoup their start-up costs within the first month of installations. My financial situation: I am a good candidate for this loan because I am already employed in a similar field working with clients and obtaining new customers on a daily basis. this is a business that I can accomplish during my slow season for my current business, that will help me to optimize my income. I have done research on this new business and it has all indications that it will be profitable and allow me to repay this new loan in a timely manner or even early. I am hardworking and motivated and fully intend to succeed as I have in my past ventures with this business. I have very good credit and I would not have that if I defaulted on my obligations and debts. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 398037 | xmas lights business and capital to launch | A | $12,500 @ 18% | Sep 18, 2008 | Withdrawn |
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