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[10B Loan] - 30 Days @ 7.5% [Un-Collateralized]

Author
Jane Vendetta
Cancer Terapy
#1 - 2012-03-26 10:38:52 UTC  |  Edited by: Jane Vendetta
Information:

Hey MD! I am Jane Vedetta, a long time reader but a first time poster here. I have been playing EVE off and on since around 2005, and dabbled in many aspects, however trading always seemed to elude me. The past few months I have been trading around some mini-hubs making me a decent amount of ISK, but more importantly teaching me the fundamentals of trading which I plan to apply to my next endeavor, Vendetta Venue.

Vendetta Venue is my market place. I have been running missions on other characters earning myself excellent income. The alliance that I fly with has complete control over this section of space, giving me control of 50% of the market that I supply. The other 50% is competing alliance that I have recently shut down with the use of some cloaky alt techniques (I am mostly a PVPer than anything else)!

The Loan:

So what is this loan exactly for?

The majority of my ISK is currently invested in Vendetta Venue. I currently have well over 15B ISK in assets that are awaiting to be sold on the market. My issue though is that I need more ISK to create additional sales. The method in which I convert my LP requires me to have more liquid ISK, which I currently do not have. Having this ISK will allow me to more easily control prices (eventually driving them up), and allow me to scare away any new competition.

Collateral:

I have in my possession assets totaling well above the 10B loan that I request. However these are tied up in the same project that I am requesting this loan for. In the event that my market endeavor fails me, I will be able to liquidate my assets to the buy-orders and easily repay those who invested in my venture.

While this isn't a typical scenario for collateral seeing as no entity will be able to hold it (as stated my collateral is already tied up in the market) in the event that the investment goes sour, I do hope that the fact that I want to continue doing business for the foreseeable future is enough for some people to understand and invest in.

Trust:

Why should you trust me?

I have not done any loans before, so I do not have a record to my name on MD. I do however, have a desire to continue trading, to continue running missions, and most importantly to continue growing my small EVE-Business, Vendetta Venue. Walking off with 10B ISK really would be a waste of potential, and the reputation that I am working hard to build up. I can make far more ISK by continuing a positive relationship with the capsuleers of MD, than I could ripping them off for a one-time deal.

Risks:
Arrow I could run off with the ISK and disappear -- Why do this when I can make more by growing my business?
Arrow Someone else could try and control the market that I am focused in -- This will be difficult seeing as the supply is controlled by myself and a like minded group of individuals who are influenced by my decisions.
Arrow I might not be able to fill the interest in the time frame -- Given how quickly I am able to turn over my supply, I highly find this unlikely.

Terms:
Arrow 500M minimum loan.
Arrow 10B maximum loan.
Arrow 7.5% Interest + Initial loan to be repaid on April 23rd.

Investors:
Arrow
Arrow
Arrow
Arrow
Arrow
Arrow
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Thank you for investing with me, if you have any questions I will do my best to answer them!
Resiin
Juxtaposition Investments
#2 - 2012-03-26 10:53:55 UTC
Collateral has to be assets that you can hand over either to the investor or a third party in the event that your business venture fails or if you run off with the ISK. Having assets tied up doesn't really count for collateral.

Good luck.
Jane Vendetta
Cancer Terapy
#3 - 2012-03-26 10:55:18 UTC
Resiin wrote:
Collateral has to be assets that you can hand over either to the investor or a third party in the event that your business venture fails or if you run off with the ISK. Having assets tied up doesn't really count for collateral.

Good luck.


Thank you for pointing this out, I will edit my post accordingly.
Salarc
SalCorp
#4 - 2012-03-26 19:50:19 UTC
Are you willing to disclose an api?
lanyaie
Nocturnal Romance
Cynosural Field Theory.
#5 - 2012-03-26 21:24:59 UTC
Ill contact you ingame tomorrow


Btw this is the only time i want people to ignore my signature

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