Busness expantion into commercial pest control
| Listing Information | |||
|---|---|---|---|
| Amount: | $20,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 0% |
| Lender Rate: | 35% | Borrower: | targetbug |
| Finished | State: | VA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-10-10 | EricsCC ROI: | 35% |
| Status History | |
|---|---|
| Oct 10, 2008 | Current |
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Purpose of loan: This loan will be used to… build up commercial pest control business . Just obtained contracts from company and employee for commercial work restaurants, hotel, apartments ect. We need the funds in the bank to cover lease payment for an additional truck and purchase new equipment. My financial situation: I am a good candidate for this loan because… we have been in business for almost ten years with constant grouth. With the addition of the new manager for commerical work we have 5 techs. projected grouth form this new line is 20 % The contracts I obtained with this company have already added 38400.00 for next year |
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