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3Bil loan, 3 months at 10%
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Zera Kerrigan
The 420th Token
#1 - 2012-06-11 12:00:17 UTC  |  Edited by: Zera Kerrigan
Hey, I'm in need of 3Bil ISK as stated in Subject.

The idea: 3Bil is given to me, which will be used for trading and manufacturing. I've been going along pretty decent for 4 months now and are now looking for a big expansion during the summer. I can hand API if needed but I prefer not for obvious reasons.

Payment: I was thinking that I would pay back 1Bil + Interest every month. Which would mean you get 1 300 000 000 ISK back each month. This would mean a profit of 900 000 000 ISK during 3 months for you and would helpt me greatly in expanding.

Post here for any questions or interests please.

Edit: Had two successful loans before. Both provided by the same person. Can provide name in evemail ofcourse.
SetrakDark
Doomheim
#2 - 2012-06-11 12:02:14 UTC
Sounds good.

3b sent.
Scott Ryder
Ministry of War
Amarr Empire
#3 - 2012-06-11 12:04:15 UTC
That was stupid fast, I was even gonna ask for collateral :)

I guess its just I who needs collateral when wanna lend isk..
Zera Kerrigan
The 420th Token
#4 - 2012-06-11 12:10:06 UTC
No ISK recieved yet so I am still looking.

Sadly I can't provide more than roughly 1-1,5Bil in Collateral tied up in nullsec.
Scott Ryder
Ministry of War
Amarr Empire
#5 - 2012-06-11 12:19:28 UTC
I am not sure what SetraDark is upto.
However not touching without collateral :)
Johnny Frecko
Federal Navy Academy
Gallente Federation
#6 - 2012-06-11 13:39:44 UTC
just to help you out a bit..

how much isk you have of your own?
Why 3b?(why not 2, why not 4)
what happens if your trading fails? how do you repay?(ganked, robbed, flood, hurricane)
What kind of trading are you doing? region? inter-region? station?
do you have any assets which you can liquidate should you have to.
why won't you take a 1B loan fully collaterlized for a much smaller intrest rate?

also you're not offering 10% monthly. you're offering 10%, 15% and 30%. which makes me wonder. - why?

start with these, if you answer these correctly you might get an investor. careful how you answer these.
Zera Kerrigan
The 420th Token
#7 - 2012-06-11 14:08:19 UTC
Oi oi, I've missed out on alot of information.

Right now I got a little over 1bil ISK and about 500-600 on market/manufacturing.
3Bil because I found that a good amount which I am pretty confident I can pay back, even if I fail or do a few mistakes.
I got a good passive income from more than 1 character and will probably still be able to pay back the amount I promised.
I do all kinds of trading, everything from buying of contracts to station trading. Got more than one alt in and cover all the major trading hubs.
I got a whole collection of BPOs, A pos and a few more ships. Probably worth about 2bil if sold.
Because 1Bil isn't enough right now. As I will have alot of spare time during summer and 1-2months afterwords(Therefor 3 months time). I will need some ISK to keep spending.

The interest rate is just to get people interested, it's a good deal for me and I am very confident I will be able to earn those ISK easily. I am looking to increase and expand my trading, which will bring in more income ofcourse. Just at the moment I'm going on summer break and I would love to get things going now when I have alot of spare time.

Thanks for the questions man. :)
Johnny Frecko
Federal Navy Academy
Gallente Federation
#8 - 2012-06-11 14:25:22 UTC
Alright.
You've got two toons and you've got overall assets of around 3B.
You're asking for 3B more, levereging you 50%.
futher more, you're offering 10,15,30% intrest which is insanely high for most MD bonds.
You still didn't answer how you plan to pay back should you get ganked, nor what is your "passive" income from the other account.

I'm no contract trading expert, but getting involved in those with 1B isk is.. odd.
which BPO's do you have? considering you've got 500-600M in market/production, and let's assume its' 50/50, you've got 250M in production which means your various BPOs which are in use are very cheap or you're making minimal amount of what it is you're making.

So more questions.

1)which BPO's you have?(class is enough, no specific though that would help greatly).
2)How did you figure 3B was a good amount? What research did you do to confirm this?
3)Things don't scale up well from 1B to 4B, returns don't act as you would expect and you're offering alot of intrest. - Do you have any past experience handling this kind of isk?
4)are you willing to disclose the name of your ALT and provide API information for him?
5)You're saying you're covering all the major trade hubs yet you have one billion isk out of the markets with aroun 200-300M invested in "various" hubs, meaning 100M in each hub. How do you explain this?

I'm giving you all the benefit of the doubt this is not a scam, and asking questions to try and get people more intrested with your answers.

If you ask me, You're capable of handling another billion at best, learn how trade mechanics works for over 2B isk(it's different than using 200M isk for trading.) get some more experience.
The way things are looking right now it's highly unlikely that you'll get a 3B bond fully funded.

Johnny
Scott Ryder
Ministry of War
Amarr Empire
#9 - 2012-06-11 15:15:32 UTC
I am also willing to hold blueprints as collateral :)
I can copy or research but lack good building skills.
Zera Kerrigan
The 420th Token
#10 - 2012-06-11 15:27:17 UTC  |  Edited by: Zera Kerrigan
Oh, I understand. It is true I'm not that experienced with trading. Mostly made all my ISK trough Manufacturing. Right now I have 6 characters doing various stuff. The passive income I talk about is mostly PI and Datacores. I have alot of BPOs(mostly bad ones) but also some good ones such as Battlecruiser sized and such.
I do realize I may ask for a bit much with my current experience but right now I do have alot of spare time and I figuered that I can use that. As now I have the time to run a few missions if I get ganked, do a bit hauling or even ganking with an alt. I am ofcourse willing to provide limited API key for my alts.

I am also willing to make an agreement if possible, to loan 1bil for this month(at same interest rate) and when/if I pay back you will lend me the rest. This is all fine with me I just need more ISK to get things rollin'.
(Also one of the reason I am low on ISK is because I had a 2 week period off from eve where I two accounts go out, this ofcourse meant I had to buy 2x plexes to get both accounts subscribed again.)

Edit: Also, is 10% really that much? I've done loans with 20% interest Ugh
Johnny Frecko
Federal Navy Academy
Gallente Federation
#11 - 2012-06-11 15:32:47 UTC
as i said, if you can collaterlize 1.5B, do so, and you'll get funding within minutes.
that's a very strong position to start from trading, in essence doubling your isk.
If i were you i'd go for it.
Zera Kerrigan
The 420th Token
#12 - 2012-06-11 20:22:40 UTC
Johnny Frecko wrote:
as i said, if you can collaterlize 1.5B, do so, and you'll get funding within minutes.
that's a very strong position to start from trading, in essence doubling your isk.
If i were you i'd go for it.


I don't really want to collaterize my BPOs as they are one of the major ways I make ISK. I would on the other hand love to offer my Tengu as collateral, it is currently located in nullsec though. I am looking for an uncollaterized loan(therefor the high interest rate).

What'd you say about a 1Bil loan for 1 month with 15% interest rate? It's a small amount, but still enough to help me alot and still wouldn't be too big of a loss for you. To be honest, it would be a bigger loss for me.
What'd you say?
Johnny Frecko
Federal Navy Academy
Gallente Federation
#13 - 2012-06-12 10:24:38 UTC
Personally i can't invest in anyone right now, I'm just trying to ask the questions no one has any desire to ask new investors anymore(threads like these tend to get trolled/ignored especially by unknown characters).

But to be honest i wouldn't invest in you without collateral giving the current information i have.

my main reasons
1)I don't trust loans in which people have to *work* to repay them should the thing collapse(missioning for example), this makes me skeptical of your ability to actually repay. running missions to get 1B takes quite a while.
2)15% is too much and sounds sketchy. - if something is too good to be true.. you don't draw investors in by higher rates, you draw them with more security. - collateral.
You could get this funded within seconds for 2-3% probably if it was fully collateralized.
3)playing emotional cards such as "this would hurt me more than it would hurt you" and playing ego cards such as "it wouldn't even hurt you that bad" etc. is generaly bad and takes us away from the main points.

Liquidity price
risk

And your current bond offer as it stands has a high risk.
I'm not here to judge or do the job for ya, but running 1.5B liquid assets to maintain a POS, even a small one, sounds odd.

here are some solutions i can give ya..

1)work with a partner, give him the blueprints(for isk ofcourse) he'll manufacture them for you using his minerals, and you guys split the profit.
2)get this loan collaterlized and do everything yourself
3)liquidate some assets you don't really need and get into bigger trading/manufacturing.

There are solutions other than "give me iskies for no collateral"
Mme Pinkerton
#14 - 2012-06-12 10:52:05 UTC
Zera Kerrigan
The 420th Token
#15 - 2012-06-12 12:30:09 UTC
Mme Pinkerton wrote:
What's the story behind vonHeise spending 1.5 months in your corporation?


To provide the corp standing enough to put up a POS in highsec.

Yeah, I understand your concerns about this. The thing is I actually feel 10%-15% is a reasonable interest rate. I just need some ISK to get business going. And the chance I will get ganked is minimal as there is many ways to avoid this, aswell as I am not dumb enough to load my ship with all of my assets. It's just a matter of trust, and in EvE that is a pretty rare thing.

But I will keep this thread up and see if anyone will be kind enough to lend me a few ISK. Thanks for all the information and help along the way.
Zera Kerrigan
The 420th Token
#16 - 2012-06-13 18:57:06 UTC
Still looking. It's a good offer but not too good to be true. Can provide weekly reports, API. Sadly I can not provide collateral, I can only give you my word that I won't scam you.