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SG Loan

Author
Sal Goodman
SG Capital
#1 - 2013-04-12 01:05:03 UTC
Hello again M and D,

I have come back once again to request a loan. My previous loan request can be found here:
https://forums.eveonline.com/default.aspx?g=posts&m=2510653

So as of late I have pretty much been living in the Ships Channel, finding as many deals as I possibly can and it has paid off substantially. Now I am looking to expand.

What I Need From You:
I am looking for a loan of 7bil isk. This isk will allow me to purchase a JF without sacrificing the isk I use to trade. I don't know the going rate for investments these days so I am willing to negotiate a fair price one on one. Just convo me or mail me in game and we will have a chat. I do not] have enough collateral to cover the full loan. I will once again provide my full api to serious investors only so they can see the amount of trades I have done.

Why:
Why do I think a JF is absolutely necessary to increase my profits? A JF will allow me to access the cheap low/null contracts thus enhancing my profits by a sizable margin. On a side note, I have already begun to mine ice for fuel, so the JF is literally just a profit hunting machine.

Risk:
As with anything in EVE, there is always risk. I would like to think that I have gained a good reputation in EVE, at least in the ships channel. If you have any fears, or precautions just convo/mail me and I'll be happy to address them.

There is also another risk that I may lose the JF. This is very unlikely but in the case that happens I still have enough isk to pay back investors, and enough of a profit margin from my current trades, that I could continue paying off the debt with interest.

Lastly, I would like to keep this thread clean! Please only post if you are interested in investing. Thanks and hope to do business with one of you soon! :)
SinTeryx
Ministry of War
Amarr Empire
#2 - 2013-04-12 02:38:25 UTC  |  Edited by: SinTeryx
Sal Goodman wrote:

This is very unlikely but in the case that happens I still have enough isk to pay back investors, and enough of a profit margin from my current trades, that I could continue paying off the debt with interest.
[i]


Just cleaning this up.

Why are you asking for a loan if you already have the capital you need? You want us to buy you a JF and hope you don't run off with it?

Edit: As I don't want to deface your operation I am actually interested in maybe investing, I just want to know why I should give you my ISK and let you run around with a JF in low/nullsec.

Also your capital shop seems to have ceased business over 2 months ago?
http://imgur.com/M8O2Zav

These may as well be farts in the wind but I have had a few beers since the start of this thread.

Sal Goodman
SG Capital
#3 - 2013-04-12 03:02:52 UTC
SinTeryx wrote:
Sal Goodman wrote:

This is very unlikely but in the case that happens I still have enough isk to pay back investors, and enough of a profit margin from my current trades, that I could continue paying off the debt with interest.
[i]


Just cleaning this up.

Why are you asking for a loan if you already have the capital you need? You want us to buy you a JF and hope you don't run off with it?

Edit: As I don't want to deface your operation I am actually interested in maybe investing, I just want to know why I should give you my ISK and let you run around with a JF in low/nullsec.

Also your capital shop seems to have ceased business over 2 months ago?
http://imgur.com/M8O2Zav


Thats a very reasonable fear. As I said in my post above, If I were to use my isk to purhase the JF I would not have enough capital for trading. I have just enough to purchase my own, but then my trading would be halted and there would be no income. But if I were to get this loan then I will still have plenty of isk to continue my trade operation. And I just recently closed my shop on the forum because I found a more reliable and efficient way to sell the capitals I trade.
Alex Grison
Grison Universal
#4 - 2013-04-12 05:05:55 UTC
I dont see a loan. I see sal asking for money for a JF because he doesn't have enough to buy one and have money left over for trading.

yes

Sal Goodman
SG Capital
#5 - 2013-04-12 05:43:09 UTC
Alex Grison wrote:
I dont see a loan. I see sal asking for money for a JF because he doesn't have enough to buy one and have money left over for trading.


That would be a loan bud. I currently have about 7bil isk. If I were to buy my own JF i would have about 700mil left over. That is not nearly enough to trade the amount that I do, hence the loan.
Vera Algaert
Republic University
Minmatar Republic
#6 - 2013-04-12 07:24:07 UTC  |  Edited by: Vera Algaert
Sal Goodman wrote:
Alex Grison wrote:
I dont see a loan. I see sal asking for money for a JF because he doesn't have enough to buy one and have money left over for trading.


That would be a loan bud. I currently have about 7bil isk. If I were to buy my own JF i would have about 700mil left over. That is not nearly enough to trade the amount that I do, hence the loan.

A loan request would include a sentence or two about interest rates and repayment.

This is a donation thread Twisted

.

Sal Goodman
SG Capital
#7 - 2013-04-12 08:21:08 UTC
I said in the post that I don't know the going rate for loans and that I would discuss it with possible investors.
UHPC LionHeart
The Scope
Gallente Federation
#8 - 2013-04-12 14:11:39 UTC
your asking for a lot of isk without collateral or a strong history of trust.

stop wasting your time, you aint getting a loan here.
Angelique Duchemin
Team Evil
#9 - 2013-04-12 14:20:39 UTC  |  Edited by: Angelique Duchemin
Loans with Collateral have an interest of 2% and are usually filled immediately regardless of size. There are trillions of isk out there looking for those.

Loans without collateral usually have an interest around 7% monthly.

But then on top of that you need to instil confidence.


Telling people that there will be a risk is not a good start because we already take a risk when the person asking for a loan gives a 5 page bullet proof business plan. If things go south and you lose the Freighter we don't want to hear about how you said there was going to be a risk. If that happens then we expect you to mine veldspar in high sec for 16 hours a day and fill every monthly payout until the loan is paid for just to preserve your name.

The very sun of heaven seemed distorted when viewed through the polarising miasma welling out from this sea-soaked perversion, and twisted menace and suspense lurked leeringly in those crazily elusive angles of carven rock where a second glance shewed concavity after the first shewed convexity.

Velicitia
XS Tech
#10 - 2013-04-12 15:18:27 UTC
Angelique Duchemin wrote:
was going to be a risk. If that happens then we expect you to mine veldspar in high sec for 16 hours a day and fill every monthly payout until the loan is paid for just to preserve your name.


and do it in a Kestrel.

One of the bitter points of a good bittervet is the realisation that all those SP don't really do much, and that the newbie is having much more fun with what little he has. - Tippia

Sal Goodman
SG Capital
#11 - 2013-04-12 18:40:43 UTC
UHPC LionHeart wrote:
your asking for a lot of isk without collateral or a strong history of trust.

stop wasting your time, you aint getting a loan here.


Yeah that's what I'm thinking. Just wanted to give it a shot :/
Alex Grison
Grison Universal
#12 - 2013-04-12 23:31:35 UTC  |  Edited by: Alex Grison
Sal Goodman wrote:
Alex Grison wrote:
I dont see a loan. I see sal asking for money for a JF because he doesn't have enough to buy one and have money left over for trading.


That would be a loan bud. I currently have about 7bil isk. If I were to buy my own JF i would have about 700mil left over. That is not nearly enough to trade the amount that I do, hence the loan.



Generally, loans have a plan for repayment at a set time, Plus an interest rate.

Interest Rate: Not Present

Maturity Date: Not Present

Collateral: Not Present


I just see you, being greedy. Asking for no-strings-attached 7,000,000,000 isk.

yes