p2p lending at lending club
Establishing Business Credit and Maintaining Cash Flow

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Listing Information
Amount: $25,000.00 Status: Loan created
Grade: AA DTI: 10%
Lender Rate: 10% Borrower: Edakers
Time Left: Finished State: WA
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Paid Origination Date: 2007-01-18 EricsCC ROI: 9%
Status History
Jan 20, 2007 Current
Sep 01, 2008 Payoff in progress
Sep 06, 2008 Paid

Who I Am
My name is Neal [LAST NAME DELETED] and I am a successful, serial entrepreneur. Beginning in the 2nd Grade as the Ace Detective of my own investigative firm on the playground, I have loved the beauty of engaging in, and orchestrating robust relationships within the premise of bringing forth grand ideas. I became fascinated with computers and software, and began writing my first computer programs when I was nine years old, stealing precious hours at night while mom and dad were asleep to learn and explore. I owned two businesses in high school, have written P&L forecasts for new ideas, and was the Director of Technology and part owner in a successful dot com. It is the pursuit of business that has always intrigued, and driven me.

Early in the year 2000, I was hired as employee number four to a startup, Trails.com, in . is where I have resided and pursued my future in business, and have made it my home. By 2004, Trails.com had survived hardship and acquired great business insight, which soon grew to ownership and development of 3 multi-million dollar web sites. The company was soon sold and I took the opportunity to leave the new organization to pursue my own ventures.

The Intended Use of Proposed Loan
As you will see below, I received a sizable cash payout as part owner of the original Trails.com organization. As such, establishing this loan may seem superfluous. Recently, I have begun my own company dedicated to establishing, acquiring and developing a portfolio of web sites with particular emphasis on niches in health, nutrition, and special interests for which I have extensive expertise and connections. I am funding my ventures primarily through my own money, but am interested in A) showing established business credit to future banks and lenders to aid in growth, and B) To show potential investors that credit has been taken in to account to aid cash flow, if needed.

I expect this loan to be repaid within 6 to 12 months, and it is essentially backed by nearly $300,000 in a 2 year note due for maturity on September 1st, 2008. The company name is Edakers, LLC, and more information on me can be found at www.nealbozeman.com.


Assets

  • $297,000 2 Year Note @ 7% (Matures September 1, 2008)
  • $210,000 High Yield Money Market
  • $50,000 Stocks and Options Investments
  • $41,580 Interest Due (2 Years)
  • $20,000 Cash on Hand


Liabilities

  • None


Total Assets = $618,580

Ideally, you find this opportunity low risk in exposure and a fun project to back. I expect to be back again in the future as new opportunities present themselves, and existing opportunities burgeon. I'm looking forward to your participation, feedback, and any questions you may like answered.

Neal [LAST NAME DELETED]

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