Purchasing new systems to increase sales
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 0% |
| Lender Rate: | 16% | Borrower: | bluestar99 |
| Finished | State: | IA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Current | Origination Date: | 2008-08-01 | EricsCC ROI: | 15% |
| Status History | |
|---|---|
| Aug 01, 2008 | Current |
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Purpose of loan: This loan will be used to develop and implement new computer systems, which will take my fledgling operation to the next level in terms of speed and efficiency. We can double our sales almost immediately once the systems are up and running. My financial situation: I am a good candidate for this loan because I have great credit, a strong work ethic and I don't like owing people money. I have always "bootstrapped" my way to success, and if there were a more cost-effective means of financing this project, I would pursue it. Also, once the systems are in place, the added income generated by increased sales will make the repayment schedule very easy to maintain. In fact, I may even be able to repay the loan ahead of schedule or make additional payments. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 363229 | Purchasing new systems to increase sales | AA | $25,000 @ 20% | Jul 07, 2008 | Withdrawn |
| 363268 | Purchasing new systems to increase sales | AA | $25,000 @ 9% | Jul 07, 2008 | Expired |
| 366994 | Purchasing new systems to increase sales | AA | $25,000 @ 15% | Jul 14, 2008 | Expired |
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