Entreprenuer Needs Funding
| Listing Information | |||
|---|---|---|---|
| Amount: | $6,000.00 | Status: | Loan created |
| Grade: | D | DTI: | 18% |
| Lender Rate: | 15% | Borrower: | campruitt05 |
| Finished | State: | UT | |
| Funded: | 100% | Group: | BORROWERS - Free instant Listings - LARGEST GROUP |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-01-24 | EricsCC ROI: | 15% |
| Status History | |
|---|---|
| Jan 24, 2007 | Current |
| Oct 04, 2007 | Payoff in progress |
| Oct 11, 2007 | Paid |
|
I'm a young entrepreneur trying to get funding for my business idea. Production on my product started in October 2006 and now I need to secure funding to take things to the next level. I will use this funding to buy necessary start-up equipment and help pay for the current production of my product. My credit grade is lower because I'm young and the lines of credit I do have have only been open for a short time. I have always paid all of my bills on time and have never been delinquent on any account. I currently work at a document processing tech company. My earnings are between $1500 and $2000 per month. Here is a breakdown of my monthly financial responsibilities: Rent: $300 Utilities: $100 Car Insurance: $85 (I own my car and do not have payments) Student Loan: $50 Food/Gas: $200 Credit Cards: $200 --------------------------------- Total Monthly Expenses: $935 I will have at least $565 left to make the payment on my Prosper Loan. In closing, I'm a very motivated and dedicated person and will do all in my power to make this business succeed. I have never had a late payment and don't intend to, as building my credit score up now will definitely help me in the future. I look forward to obtaining this loan and thank you for considering my request. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 79885 | Motivated Entrepreneur Needs Funding | D | $8,000 @ 14% | Dec 31, 2006 | Withdrawn |
| 262641 | Funding for Equipment | C | $8,000 @ 17% | Jan 09, 2008 | Expired |
| 271102 | Funding for Equipment | C | $5,000 @ 15% | Jan 24, 2008 | Loan created |
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