Minuteman Working Capital
| Listing Information | |||
|---|---|---|---|
| Amount: | $15,000.00 | Status: | Loan created |
| Grade: | C | DTI: | 34% |
| Lender Rate: | 20% | Borrower: | printme1 |
| Finished | State: | MO | |
| Funded: | 100% | Group: | BORROWERS - Free instant Listings - LARGEST GROUP |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 4+ months late | Origination Date: | 2007-03-02 | EricsCC ROI: | -27% |
| Status History | |
|---|---|
| Mar 01, 2007 | Current |
| Nov 23, 2007 | Late |
| Dec 04, 2007 | 1 month late |
| Jan 03, 2008 | 2 months late |
| Feb 04, 2008 | 3 months late |
| Mar 03, 2008 | 4+ months late |
|
About me: I am a hard working, dedicated, and enthusiastic individual, that succeeds at everything I put my mind to. I have owned my own company for the last five years. I owned a small trucking company and I recently sold it?s assets to open a Minuteman Press in the downtown, St Louis, MO area. It has been my lifelong dream to open retail oriented business. I opened my store in December of 2006 and I already have a small, loyal customer base. I pride myself on being fair and honest in my dealings with my customers. I would like to get a loan so that I can purchase equipment for my store. This equipment will allow me to give my customers the product they need and keep my prices low. About my credit: My credit rating is a C. I had a bankruptcy in my past when I was in college, it was mostly do to school loans, and I paid that off yearly. I was working three jobs at the time and I did my best. I have since paid off most of my debt and have not taken out any loans or credit cards, except my car and house. I found out that could hurt my credit as well. Three of the credit lines listed on my credit are strictly for the business. What I will do with the money loaned to me: I will be purchasing bindery equipment, a thermography machine (raised lettering business cards, letterheads, and envelopes), and a wide format machine. We have a large amount of lawyers and architects in this area and we miss out on business because we don?t have the equipment to do these items in house. I will also be using the money for working capital. I have had to relist my loan as it did not get funded this last time. I will relist for a lower amount. Here are my monthly financial details: Gross income: $1100 weekly Spouse gross income: $400 weekly Total monthly income: $6000 Mortgage: $1162 Utilities/Phone: $150 Car loan: $550 Others: $800 Credit Card: $350 Total monthly expenses: $3012 I will have $2988 to pay on my Prosper loan. Closing remarks: I will make my business work. I am determined to make it a success. It would just be nice to have a little extra help when I can. Thank you to all of the lenders that bid on my previous loan, I appreciate you confidence in me. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 85396 | Minuteman Capital | C | $25,000 @ 10% | Jan 16, 2007 | Withdrawn |
| 86606 | minuteman capital | C | $25,000 @ 18% | Jan 19, 2007 | Withdrawn |
| 88496 | Minuteman Working Capital | C | $25,000 @ 21% | Jan 24, 2007 | Expired |
| 92074 | Minuteman Working Capital | C | $25,000 @ 24% | Feb 01, 2007 | Expired |
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