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Established & Profitable Small Business Upgrade
Loan Listing ID: 502

 
Loan Amount: $3,000 at max. rate of 12.00%
Comparison Rate: N/A
Repayments: $99.6429 monthly
Term: 36 months

Bidding Progress: Closed
Funded: $0 (0%)
Avg. Rate Bid: 0.00%
Bids: 0 (view bids)

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Borrower
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Credit Grade: HR
Bank Account: Verified
Debt to Income: 0%
Proof of Income: Success
ID Verified: Yes
Homeownership: Rent
 
Group: No Group
 
References: 0
Borrower: Scott_Masseur
Joined: 20 Dec 2009
Location: QLD


About

My Financial Situation

With both a personal income and business income, it is simply a matter of planning cashflow for a swift repayment schedule. The business receives a stable and minimum profit of $2500/month. Personally I receive a MINIMUM of $1800 income/month. Although I do have a business investor with $5625 repayment due end of March, the business profit will cover 87% of both this proposed $3000 loan and that repayment. Effectively, I only need to come up with 13 % or $1125 from my personal income to repay this proposed loan within that same 3 months. From a MINIMUM quarterly income of $5400 with no rent and only expenses being food / entertainment this equates to 21% of my income. I welcome all enquiries.

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Bid HistoryLegend: Winning []   Losing []   Partially Winning/Losing []

Lender Amount Bid Status Win Rate Bid Date & Time