Help Family Business Expand.

| Listing Information | |||
|---|---|---|---|
| Amount: | $3,700.00 | Status: | Loan created |
| Grade: | C | DTI: | 0% |
| Lender Rate: | 20% | Borrower: | astute-agreement |
| Finished | State: | FL | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2010-07-26 | EricsCC ROI: | 12% |
| Status History | |
|---|---|
| Jul 25, 2010 | Current |
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Purpose of loan: This loan will be used to…Expansion....due to wonderful customers! Our popular family owned restaurant can be found at http://www.CrazyFishLakeWales.com. We are located in Lake Wales, Florida and the Crazy Fish has been in business for 8 years now....and we continue to grow in popularity. Please feel free to google search us! We are rated among the top 5 most popular restaurants in the entire state of Florida...and we have more customers then we have capacity. After spending nearly $50K cash of our own money, we were able to legally increase our seating capacity by switching from septic to city water. This loan will go to the construction of an outdoor seating facility...aka....a deck which will not only increase capacity, but also productivity and revenue as well. My financial situation: I am a good candidate for this loan because…Longevity. Excellent credit. We are profitable...and with added seating capacity...we will be more profitable. NOTE OUR CREDIT SCORE IS EXCELLENT....RANGES FROM 785 TO 800.....WE CAN PAY THIS LOAN BACK AND LOOK FORWARD TO DOING SO. Unfortunately, small town banks in our area are not loaning money right now. We are NOT a start up venture...and again...PLEASE CHECK US OUT ON THE NET....THIS EXPANSION WILL INCREASE PROFITS....AND CREATE MORE HAPPY CUSTOMERS! I do NOT understand the rating applied by Prosper. And registered lenders can verify our excellent credit rating established by Prosper themselves as they pulled our credit. WE CAN AND WILL PAY THIS LOAN BACK. I have not worked this hard and this long...to ruin my credit over this loan. This is an old school, family run business built from scratch...if that still counts for anything. We have been in business for 8 years and have grown each year. Our credit rating is excellent, we own the property our restaurant is located on, we own our own home and a rental duplex. This is a family run business....and supports my family....so I have a vested interest in it's continued success. My wife, daughter, son, son in law, and two grand children have all worked hard to turn this former biker bar into one of the most popular seafood restaurants in the state of Florida. I am proud of what we have accomplished here. We gross close to a million dollars a year......and we are honest people with a good reputation in this community. As the snow birds depart, we feel this is the right time to begin construction on this new deck which will include our own money as well. We appreciate your faith and support and look forward to meeting many of you bidders in the future! Thank You! http://www.crazyfishlakewales.com |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 458996 | Top Florida Restaurant Expands! | C | $7,700 @ 25% | Jun 07, 2010 | Expired |
| 463758 | Family Florida Restaurant Expands! | C | $5,700 @ 24% | Jun 22, 2010 | Expired |
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