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Catering Equipment

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Listing Information
Amount: $3,000.00 Status: Loan created
Grade: E DTI: 18%
Lender Rate: 21% Borrower: jchris1973
Time Left: Finished State: TX
Funded: 100% Group: Business Owners Cooperative
Loan Information
Loan Status: Repurchased Origination Date: 2006-05-08 EricsCC ROI: 0%
Status History
Jul 12, 2006 Current
Aug 18, 2006 2 months late
Sep 08, 2006 3+ months late
Dec 29, 2006 Default
Feb 15, 2007 Repurchased
Howdy,

I am the owner of JCM Catering Services in Houston, Texas.  My spouse and I started up a catering service after working for many catering companies. After seeing all of the money that can be made, we decided to open our own business.  We have now been in business about 6 months.  I need this loan so I can buy some more equiptment for the business.  This loan to buy the equipment will alow our company to grow in size almost doubling profits.  This will alow me to put 2 additional crews on the road.  Our business is growing by leaps and bounds.  I project in the next 6 months JCM Catering Services will be making nice profits.  Thank You for any help you may be able to offer.

Thanks,

Jeffery [LAST NAME DELETED]
Borrower's Other Listings
7490 Catering E $2,900 @ 24% Apr 25, 2006 Withdrawn
9207 Catering equipment E $3,000 @ 21% Apr 27, 2006 Withdrawn

 

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