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300bil+, over-collateralized loan, 2.5% interest, 3 months duration

Author
probag Bear
Xiong Offices
#1 - 2017-06-22 18:08:54 UTC  |  Edited by: probag Bear
Title pretty much says it all.

I'm looking to take out a large loan, over-collateralized, in chunks of 50bil. 300bil is my initial target, though I may push that as high as 500bil.

Interest is 2.5%. Forecasted duration is 3 months, though I may ask to extend the loan at that time if there's still profit to be had.

RAW23 has agreed to 3rd party.


First come, first serve, though I will not be able to actually fill any loans for 24 hours. I'm heading off for work in an hour and I've got a really busy schedule.
megacorpse
Paradise Holding
#2 - 2017-06-22 18:26:02 UTC  |  Edited by: megacorpse
o/

about which % of overcollateralization are we speaking? or differently asked, at how much has raw23 evaluated the collateral when you may go up to 500b?

i will fill 200b of that pending raw´s confirmation as 3rd party and the evaluation.

OFFERING collateralized LOANS (follow the link for details)

probag Bear
Xiong Offices
#3 - 2017-06-22 18:29:31 UTC
Just to clarify, RAW23 has agreed to 3rd party and that is all. He has not yet seen the collateral.

I am planning on just doing 3% over. So 51.5bil for every 50bil chunk.
megacorpse
Paradise Holding
#4 - 2017-06-22 19:30:58 UTC
sounds good. 3% overhead is fine with me. so i´m in for 4 chunks.

OFFERING collateralized LOANS (follow the link for details)

flakeys
Caldari Provisions
Caldari State
#5 - 2017-06-22 19:39:20 UTC  |  Edited by: flakeys
I'll fill the remains if raw23 confirms the receipt.If you decide to push it to 500B i'll take that part too.

We are all born ignorant, but one must work hard to remain stupid.

RAW23
#6 - 2017-06-22 20:52:09 UTC
Confirming that I'll be holding the collateral.

Default Rules:
If an agreed payment date is missed (for either interest or final repayment) I'll send the borrower a mail after a week as a reminder. If I hear nothing from him I will send another reminder five days later. If I still don't hear anything after three more days I will send a mail giving him 24 hours notice that I intend to start liquidating the collateral unless action is taken. Beyond that I will liquidate by handing the collateral out to the investors.

Individual investors are obviously free to renegotiate terms with the borrower if both parties agree. Just keep me informed.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

megacorpse
Paradise Holding
#7 - 2017-06-22 21:38:51 UTC
contract to raw over 200b is up since i won´t be around for 2 days.

OFFERING collateralized LOANS (follow the link for details)

probag Bear
Xiong Offices
#8 - 2017-06-23 03:16:33 UTC
Don't worry megacorpse. You know how I said that I'm about to go to work, and then going back to work once I woke up? Well I just got drunk and picked up a co-worker's shift. So. I'll start getting some collateral packaged for RAW before Monday. But the question of when exactly, that's up in the air.
Xylem Viliana
another shell corp mk3
#9 - 2017-06-23 09:26:44 UTC
probag Bear wrote:
Don't worry megacorpse. You know how I said that I'm about to go to work, and then going back to work once I woke up? Well I just got drunk and picked up a co-worker's shift. So. I'll start getting some collateral packaged for RAW before Monday. But the question of when exactly, that's up in the air.



I thought you said you picked up your co-worker for a sec, was about to say well done. but an extra shift....
megacorpse
Paradise Holding
#10 - 2017-06-23 12:26:26 UTC
Hehe i don't worry probag but this way i can make myself a nice weekend and don't have to try to get a computer with eve installed (or even look at the smartphone for forumstuff). Just thought i might not have to login for some days more so this way i can relax more with one thing less to think about.

Have a nice weekend guys and gals!

OFFERING collateralized LOANS (follow the link for details)

RAW23
#11 - 2017-06-23 14:54:21 UTC
200bil received from megacorpse ... via contract ... presumably to test my wits!

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

probag Bear
Xiong Offices
#12 - 2017-06-25 13:53:43 UTC
Contracts have been up RAW23 :P
RAW23
#13 - 2017-06-25 16:35:32 UTC
I didn't realise we were staggering the swap but I've now received 100bil of collateral and sent out 100bil of Megacorpse's isk.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

flakeys
Caldari Provisions
Caldari State
#14 - 2017-06-25 16:38:02 UTC
RAW23 wrote:
I didn't realise we were staggering the swap but I've now received 100bil of collateral and sent out 100bil of Megacorpse's isk.




Hey mate gimme a shout if/when i need to send isk because i'm of the assumption at this moment that i'm better off awaiting your request then OP's .... ShockedBlink.I think we are going for the price 'most messy secured loan on MD 2017'.

We are all born ignorant, but one must work hard to remain stupid.

RAW23
#15 - 2017-06-25 18:04:27 UTC
flakeys wrote:

I think we are going for the price 'most messy secured loan on MD 2017'.


P It's all straightforward. Just a minor misunderstanding about the meaning of 'batches' on my part.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

probag Bear
Xiong Offices
#16 - 2017-06-26 16:43:34 UTC  |  Edited by: probag Bear
Sorry:

1st, I haven't been home very often over the last few days.


2nd, I made the classic mistake, where I knew exactly what I meant by "50bil batches", but I didn't think to bother to explain it.

What I meant is that I don't have all the collateral on hand right now, and I'm getting it as fast as I can (though barely logging in over the course of 5 days is slowing that down), so I'm sending over collateral 50bil at a time.


That said, I've contracted RAW23 another 100bil and PM'd him, so that's all of megacorpse's investment. flakeys is up! I'll have another 50bil done in 10 minutes, before I leave for work, and I should have another 50 or 100bil ready whenever I get off work, which will be... Tuesday? Wednesday? Nobody knows :/.
flakeys
Caldari Provisions
Caldari State
#17 - 2017-06-26 18:31:24 UTC  |  Edited by: flakeys
probag Bear wrote:
Sorry:

1st, I haven't been home very often over the last few days.


2nd, I made the classic mistake, where I knew exactly what I meant by "50bil batches", but I didn't think to bother to explain it.

What I meant is that I don't have all the collateral on hand right now, and I'm getting it as fast as I can (though barely logging in over the course of 5 days is slowing that down), so I'm sending over collateral 50bil at a time.


That said, I've contracted RAW23 another 100bil and PM'd him, so that's all of megacorpse's investment. flakeys is up! I'll have another 50bil done in 10 minutes, before I leave for work, and I should have another 50 or 100bil ready whenever I get off work, which will be... Tuesday? Wednesday? Nobody knows :/.



No rush mate ... no rush at all.I barely log in if at all so for all i care it takes you weeks/months before you need that isk or blow off the whole deal.Raw23 and me go back a bit in eve so we're just poking each other a bit , no worries Lol. Mmmmm ironically enough your name ends with bear .... i might now see why i started poking in the first place Shocked.

We are all born ignorant, but one must work hard to remain stupid.

RAW23
#18 - 2017-06-26 21:15:06 UTC
Another 150 bil of collateral contracted to me and Megacorpse's last 100bil sent out to probag.

Flakeys, If you send over 50bil I'll accept the last batch that's currently available and will let you know when the rest is ready.

There are two types of EVE player:

those who believe there are two types of EVE player and those who do not.

probag Bear
Xiong Offices
#19 - 2017-06-27 09:47:16 UTC
I sent over a 6th batch flakeys, so that'd be 100bil for you. I'll definitely push it to 500bil. Do you mind if I end up pushing it even higher?
Cista2
Caldari Provisions
Caldari State
#20 - 2017-06-27 11:35:09 UTC
This is going somewhere.

My channel: "Signatures" -

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