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6facd966 af48 4477 8cf0 bd62cb17a175

@APPLETONCO

Borrower rating at loan publication

location_on FL, United States

warning Borrowed $2,955 | 28% paid on time

account_balance_wallet 30,000 USD (last 12 months turnover)

work Business owner/sole trader

business Works in wholesale and retail trade

Working capital loan

ID: 41PDBEB1RF

I am a bookbinder and dealer of rare antiquarian books. The reason for this loan is to fund the purchase of inventory, which is somewhat capital intensive. I have a keen eye for spotting undervalued books using my experience, pricing data, and historic auction results. I also have the ability to repair and rebind books at a very low cost and resell for significant profit. My average markup is 3 to 5 times the purchase price and my average sales price is between $300-$400. I have a primary specialization in 19th century cloth bindings, and 18th century leather bindings, with my core subject focus being history and science. If funded, I have a list of dealers and auctioneers I work with where I can deploy the capital the best way possible. Last year, my first full year in business, I did $27,000 in revenue, with $7,500 hitting the bottom line. I'm confident this year I can exceed $30,000.

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6facd966 af48 4477 8cf0 bd62cb17a175
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