Market Discussions

Now this seems like a proper Bank, tbh i was thinking of using plexes as collateral sometimes in the future, that way i get the benefit of speculating in the continual rise of plex as well as trading off the isk as well. Just an idea i dont know if that can even be done just joining the world of EVE finance.

I agree and i think anything that player do already using out of client tools that can be streamlined into the client would be beneficial to the overall game play of EVE.

sounds like a reasonable service

i would however suggest you change your interest percentage to a flat 2% or twist it around 5% for the short term



i could take two two week loans for 100 mil and pay back 104 or a 1 month loan and pay back 105

kind of strange wouldn't you agree ;)?

A couple of suggestions:

a) As someone further up has already suggested, you should be charging less or the same for the longer term loan. There is no real additional risk running one of these over the long term since you will be fully covered anyway in the event of default. In fact, you will be better off if the borrower defaults as you should be able to realise more than NPC value in a sale of the prints. Secondly, the collateralised loan market is very much a buyers market, with the buyers being the borrowers. Collateralised debt at a reasonable interest rate is something investors fall over themselves to get and for the 1bil + range you are already charging a little over the odds. 5% is an uncompetitive monthly rate but, more importantly, your challenge is going to be to place your isk and keep it placed consistently, since you are losing out whenever your isk is idle. In order to succeed on that front you do not want to penalise people for longer loans - you want to reward them if anything.

b) You may also want to consider the following service. If someone wants to buy a blueprint they can't afford they can give you a 10% deposit, you will buy it and research it for them and they can then pay it off in instalments. BPO purchase plans of this sort have proved extremely popular in the past. Once you have built up a bit of history you can also offer a fuller range of similar services such as buying and locking down the print while the borrower uses it for whatever production line he has going. You'll be 100% safe as you'll be covered against a default by owning the print and having the 10% deposit (so the same setup as loaning isk against a print valued at 90% of NPC) and this approach will open up new customers who either want to research or build from a new print or prints without already being able to afford the whole thing.

It's great that you have identified a target audience but I think you will, in fact, have a wider pool of customers to deal with (which is a very good thing). People often get emotional about researched BPO and you will certainly find that its not just bad BPOs you end up handling. People also frequently want short term cash injections and they will use anything they can lay their hands on to secure them. Personally, I would reduce the amount offered for the difficult prints to NPC -10% to make sure I could always shift them easily but that's obviously a decision for you to make weighing up the pros and cons.

Best of luck with the business!

I need cash to produce few marauders will you take control tower bpoes all size all type me1 pe1?
Sent you mail!

Following the changes to compression mechanics, these BPOs are NOT accepted as collateral anymore:

Passive Targeter I
Gas Cloud Harvester I
Citadel and normal torpedo BP

All large guns BPs like:
Tachyon Beam Laser I
425mm Railgun I
1400mm Howitzer Artillery I
800mm Repeating Artillery I

A7

Hm, do you remember why did they remove them?

i'm curious if this has taken off yet, and how well it's doing for you, if so?