Office Expansion
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 3% |
| Lender Rate: | 8% | Borrower: | ThirdJoker |
| Finished | State: | CA | |
| Funded: | 100% | Group: | UtopiaLoans.com - Now Over $1 Million in Closed Loans!! |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2006-04-11 | EricsCC ROI: | 4% |
| Status History | |
|---|---|
| Jul 12, 2006 | Current |
| Jul 26, 2008 | Late |
| Aug 14, 2008 | 1 month late |
| Aug 15, 2008 | Current |
|
The funds from this loan will be used to purchase furniture and
computer equipment for an additional office that I am adding to my
manufacturing business. I had intended to simply use my OfficeMax
card, but at 17% APR I though that a prosper.com loan might provide a
better solution. My manufacturing business currently generates around $180,000 in gross sales annually and I typically net out $50,000 before taxes. In addition, I have another business that generates around $20,000 in net revenue. I like to keep cash in reserve in order to operate my businesses most efficiently, which is the primary reason for financing this expansion. Thanks to all for your consideration. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 4709 | Office Expansion | AA | $3,100 @ 7% | Apr 02, 2006 | Withdrawn |
| 4712 | Office Expansion | AA | $3,000 @ 12% | Apr 02, 2006 | Withdrawn |
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