Capital For My Art Gallery

| Listing Information | |||
|---|---|---|---|
| Amount: | $18,500.00 | Status: | Loan created |
| Grade: | AA | DTI: | 15% |
| Lender Rate: | 10% | Borrower: | logan |
| Finished | State: | NC | |
| Funded: | 100% | Group: | Achieve Greatness |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2006-11-07 | EricsCC ROI: | 10% |
| Status History | |
|---|---|
| Nov 05, 2006 | Current |
| Jan 15, 2008 | Payoff in progress |
| Jan 18, 2008 | Paid |
|
I have owned a successful art gallery in our mountain resort town for over 7 years. Last year I opened a second location on Main Street and sales grew by 25%. This year sales are up over 30% and, because we are heading into fall, our busiest season, I need to purchase some additional art and have some additional cash on hand to stay ahead of our sales. I have excellent credit and own my own home. Thank you for bidding and supporting my gallery. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 350047 | Operating Capital | AA | $15,000 @ 11% | Jun 13, 2008 | Loan created |
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