p2p lending at lending club
Re-list!!! New Group & Higher Rate!!!

Click Here to view this listing on Prosper
Listing Information
Amount: $2,500.00 Status: Loan created
Grade: C DTI: 10,000%
Lender Rate: 13% Borrower: bearkm02
Time Left: Finished State: AZ
Funded: 100% Group: Full Funders
Loan Information
Loan Status: Current Origination Date: 2007-02-21 EricsCC ROI: 9%
Status History
Feb 21, 2007 Current

I have pulled my listing to join a new group, Full Funders, & to raise the interest rate!

We have a B2B sign installation & maintenance company for 2 yrs. 

Purpose of Loan:

The loan is to expand our business from local to national. 

We plan to obtain a contractor's license to accept contracts w/in Arizona from national sign companies. 

www.bgdsigns.com

Our average salary monthly ~$5975

Assets:
Chevrolet 3500 w/bucket   ~$20000 value
Chevrolet C65 w/crane   ~$15000 value
Equipment  ~$25000 value

Bills BEFORE Loan:

Volvo S80 T6 - $401
Indian Chief - $360
Our home - $789
GM Card, 18.24%, $110 min.
Home Depot, 16.24%, $109 min.
Discover, 12.99%, $53 min.
Citibank, 9.9%, $143 min.
Bank of America, 9.9%, $90 min.
Target, 8.00%, $161 min.
Universal, 7.99%, $85 min.
Wells Fargo, 7.3%, $52 min.
Capital One, 6.99%, $75 min.
Chase, 6.0%, $102 min.
Water - $48
Mobile Phones - $120
Home Gas - $50
Electric - $153
Internet/Fax - $66
Insurance - $635
Gasoline - ~$800
Food - ~$400
Incidentals - $200

Total expenses ~$5222
Total Income ~$5975


Bills AFTER Loan:
Above plus
Prosper Loan of ~$100

Total expenses ~$5322
Total Income ~$5975

I cut up 6 of the above-listed cards over 15 months ago &  plan to cut up 3 more.

I am only utilizing 1 card for business purposes so we can pay off the rest.

I have never missed/been late?0/0/0!

The 4 recent inquiries are explained on my member page as well as in my RML thread:

http://forums.prosper.com/index.php?showtopic=18121

Your loan WILL be repaid!!

Borrower's Other Listings
91373 Expanding our business C $4,500 @ 13% Jan 31, 2007 Withdrawn
92196 Business Going National!!! Solid C 0/0/0 C $2,500 @ 16% Feb 02, 2007 Withdrawn

 

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