Eric's Credit Community

Hello,

My name is Winston N. [LAST NAME DELETED] II and I am an aspiring entrepreneur.  I am looking for startup capital to create an online hobby store specifically catering to the RC car racing audience.  My goal is to reach my audience through online portals such as EBay and Amazon Marketplace and to generate repeat businss through these channels as well as through my own company website.  My initial costs include purchasing inventory, establishing back-end distribution operations, and creating a website that is elegant enough to generate sales of my products while also supporting additional web traffic needed for my business to grow.  I am seeking $6002.00 to fund these costs and get started.

I am currently an Information Technology professional working as a Data Integration Specialist for a government agency.  I have worked extremely hard in the past year to free up my personal cash flow to live debt-free and fund my business objective.  I have listed below my monthly personal expenses, income, and overall liabilities.

Financial Information

(Per Month)
Expense:  Rent - $1210.00
Expense:  Water - $20.00
Expense:  Gas - $50.00
Expense:  Electric - $50.00
Expense:  Phone - $50.00
Expense:  Cable - $150.00
Expense:  Car Insurance - $300.00
Expense:  Student Loan - $160.00
Expense:  Car Loan - $440.00
Income:  Paycheck - $5100.00
Net Cash Flow - $2670.00 less everyday misc expenses (food, gas, transportation, etc)
Liabilities - Car Loan - $16,000.00; Student Loan - $10,000.00

My goal here is to show that my personal cash flow is more than enough to repay this loan amount as well as further reduce my personal liabilities.  Becoming financially independent is my ultimate vision.  With my liabilities currently being reduced, this business is probably the final step in achieving my goal.  A note about the credit blemishes...These items have been resolved in terms of the public record (5+ years old) and the delinquencies.  I am current with all expenses and I can verify that with either a letter from the creditor or information from another credit bureau report.  Unfortunately, it can be a monumental task to keep credit reports accurate these days but I can verify that I am current :-D.  I thank you in advance for funding my vision.