12. Line of Credit

3 Months Ended

Mar. 31, 2015

Line of Credit Facility [Abstract]

Line of Credit

Lines of credit consisted of the following at March 31, 2015 and December 31, 2014, respectively:

	March 31,			December 31,
	2015			2014
Line of credit of $50,000 from PNC bank, originating on February 16, 2012. The outstanding balance on the line of credit bears interest at an introductory rate of 4.25% for the first year, subject to renewal thereafter. Payments of $739 are due monthly.	$	46,467		$	47,898
Line of credit of $20,000 from US Bank, originating on June 8, 2012. The outstanding balance on the line of credit bears interest at 9.75%, maturing on June 5, 2019. Payments of $500 are due monthly.		13,421			14,786
Line of credit of $40,000 from Dell Business Credit available for the purchase of Dell products, such as computer and software equipment. The outstanding balance on the line of credit bears interest at a rate of 26.99%. Variable payments are due monthly.		–			5,305
Line of credit of $25,000 from Bank of America. The outstanding balance on the line of credit bears interest at a rate of 4.25%. Variable payments are due monthly. A total of $24,500 was acquired with the acquisition of Telecorp.		12,250			12,250
Total line of credit		72,138			80,239
Less: current portion		(72,138	)		(80,239	)
Line of credit, less current portion	$	–		$	–