Relist-Business Expanding, Need help.

| Listing Information | |||
|---|---|---|---|
| Amount: | $3,500.00 | Status: | Loan created |
| Grade: | HR | DTI: | 17% |
| Lender Rate: | 22% | Borrower: | cowboybuboy |
| 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 | C | $18,000 @ 8% | Mar 25, 2006 | Withdrawn |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 | C | $18,000 @ 8% | Mar 25, 2006 | Withdrawn |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 | HR | $11,000 @ 19% | Jul 17, 2006 | Withdrawn |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 |
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