My personal loan for my business
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|Loan Status:||Current||Origination Date:||2012-01-09||EricsCC ROI:||13%|
|Jan 07, 2012||Current|
Purpose of loan:
This loan will be used to purchase more equipment to grow my business.
My financial situation:
I am a good candidate for this loan because I am a responsible person - college educated, full time employment as an accountant, home owner, and business owner. I've never been late on my mortgage in ten years which is a testament to my fiscal diligence to my responsibilities.
In addition to my full time job where I gross $100,000, my ATM business grosses $80,000 per year. The business has been operating since the end of 2004. Most of the profits from the business have been reinvested in order to increase the number of locations where my machines are located.
Monthly net income: $7400.00
Car expenses: $300.00 (gasoline)
Phone, cable, internet: $225.00
Food, entertainment: $600.00
Clothing, household expenses: $400.00
Credit cards and other loans: $900.00