Listing Profile Bid History Loan History

Listing Title


Loan Information
Loan Status: Current Origination Date: 2006-08-31 Payments Made: 27 of 36 Total Payments: $10350.99 / $10002.00

Listing Summary

  

Borrower Info
Requested Amount: $10002.00
Lender Rate: 22.20%
Automatic Funding: Yes
Percent Funded: 100%
Monthly Payment: $383.02
 
Borrower: BookZilla
Location: NH
Group: (NoGroup)
Group Fee: 0.00%

Credit Profile
Credit Grade: D Homeowner: No Account Verified: Yes Debt To Income: 23%

Extended Credit Data
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Listing Description
Hello,

I am 24 years old, and my business partner is 28 years old. We own and operate two college bookstores in which we are hoping to expand our services from just textbooks to a number of other college student related services. One of the major expenditures needed to begin this expansion is web development. We expect to recoup our initial investment rather quickly, however coming up with the initial expenditure has proven a bit difficult due to needing the cash flow that we currently have for our reserves with our suppliers along with other last minute expenses. It seems everytime we think we have the money to spend on expanding, something else comes up and it needs to go to that instead. We feel we can better fund this expansion on a monthly basis via loan payments, rather than via an 'all at once cash flow drain.'

We are both very responsible individuals and strive to maintain a good business credit reputation through on-time payments of all outstanding debts that we may have.

Any specific questions, please feel free to contact us at [EMAIL DELETED].

Thank you for your time and consideration.