Relist-Business Expanding, Need help.
Homeownership Verified

Click Here to view this listing on Prosper
Listing Information
Amount: $3,500.00 Status: Loan created
Grade: HR DTI: 17%
Lender Rate: 22% Borrower: cowboybuboy
Time Left: Finished State: IL
Funded: 100% Group: PsychDoc's Group
Loan Information
Loan Status: Paid Origination Date: 2006-12-04 EricsCC ROI: 22%
Status History
Dec 02, 2006 Current
Sep 20, 2008 Payoff in progress
Sep 25, 2008 Paid
I am relisting this loan but I lowered the loan amount since I can use some of my money to fund the business.
I need some funding to expand my business. I would like to start billing medicare and private insurance for my physical therapy practice. My credit doesn't look so good due to the properties that I've bought in the past months. We made some bad decisions financially. Thus, the imperfect credit.The program goes like this: I will basically buy a system that is worth the amount of the loan so I can start billing medicare and private insurance. So, this is not a start up. It's like a franchise but I own the business. The start-up fee is the $5000. And I have little bit extra for unexpected expenses.
ROI for your investment is big as you can see in the interest rate. How do I pay off the loan? I'm currently listing 2 properties for sale. I will be getting a minimum of 10k per property. I'm currently working with salary of $35/hr and doing my private practice at the same time. My wife is also an RN who's making 4k per month net.

Therefore, I can pay off the loan fast. But I need the loan to get started before winter since this is a home care type of business. You can look up the business by going to ptmanager.com
I hope that you'll find this investment profitable and safe.Healthcare has always been in good standing. I hope that you can see what I see in this business. 
Borrower's Other Listings
3539 REMODELLING MY RENTAL. SURE PAYMENT! C $18,000 @ 8% Mar 25, 2006 Withdrawn
3545 Real Estate Investement! Sure payment! Secured! C $18,000 @ 8% Mar 25, 2006 Withdrawn
4420 Money for house rehab. State won't allow high interest! C $18,000 @ 8% Mar 30, 2006 Expired
23353 Really need financial help to bounce back. HR $11,000 @ 6% Jul 06, 2006 Expired
25193 Really need financial help to bounce back. HR $11,000 @ 19% Jul 17, 2006 Withdrawn
25730 Need financial help to bounce back. HR $11,000 @ 26% Jul 20, 2006 Withdrawn
28285 Healthcare Business Start-up HR $5,000 @ 25% Aug 01, 2006 Expired
33400 Physical therapy start-up biz HR $5,000 @ 25% Aug 22, 2006 Expired
56464 Business expanding. Need help. HR $5,000 @ 24% Nov 02, 2006 Expired

 

Discussion For This Listing

No Comments Found For This Listing

Post A Comment
You must be logged in to post comments on listings. Not yet a member? register here