To cover payroll short term after the slow summer months
| Listing Information | |||
|---|---|---|---|
| Amount: | $10,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 0% |
| Lender Rate: | 28% | Borrower: | Christots-Montessori-School |
| Finished | State: | KS | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-10-08 | EricsCC ROI: | 28% |
| Status History | |
|---|---|
| Oct 07, 2008 | Current |
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Purpose of loan: This loan will be used to cover our payroll short term while we are starting back another school year, the summer months are very slow, and we spent our reserves this summer investing in the expansion of our business so that we can hold more kids in our maxed out private Montessori School, which will increase our cash flow. My financial situation: I am a good candidate for this loan because we've been in business for over 25 years, we have a great staff and loyal clients. We have a successful Montessori school and make great cash flow during the school year, which just started, so we will have no problem repaying this loan, like we pay all of our bills on time, hence the need for this loan right now...thank you for your help! |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 400699 | To cover payroll short term after the slow summer months | A | $6,000 @ 11% | Sep 18, 2008 | Withdrawn |
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