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Loan Request - 200 Mil, 10% Interest in 1 Week [Completed]
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Plleasure Hub
Municorn
#1 - 2014-05-23 00:15:49 UTC  |  Edited by: Plleasure Hub
Hi there, MD! I have never taken out a loan via the forums before, but I have some big business plans for the summer. Therefore, I wanted to get started establishing a good reputation at paying back loans and working with investors.

Requested Loan Terms:

Amount: 200,000,000 ISK (200 million)
Interest: 10% (20 million + original principal)
Term: 1 week from receipt
Collateral: None

Status: Loan repaid + 22,000,000 ISK interest on 2014.05.29 02:38.
Thanks, Bayaz!

What I Will Spend It On:

Materials for T1 & T2 manufacturing, yay! I generally shoot for making products with 20% or higher ROI, so covering the 10% interest won't be an issue.


How I Will Prevent Default:

Easy. I have somewhere around 6 - 8 billion in assorted materials and BPOs. At this moment I have 554 mil ISK in basic minerals. In the unlikely event I can't pay back the loan, I'll just sell some of this overpriced Tritanium and some Pyerite.


Past Loans:

Like I said, none through the forums. I have borrowed 1 billion from a corpmate in the last year, which I paid back in full and on time. That one was used to make some capital ship parts.


Other Info:

I'd like to meet a regular investor whom I can work with this summer on some larger loans (around 1 billion - I'm not comfortable being in debt much more than that at one time).

You may send ISK right away, if you want, but please post first. Once loan has been filled, please do not send any more. I will post another loan request when I am ready to use more ISK.

Thanks for your consideration. Let's make some ISK!

"There's no meaningful difference between a real and a virtual world. It's pointless to ask anyone who they really are. All you can do is accept and believe in them, because whoever they are in your mind, is their true identity." — Kazuto Kirigaya
Bayaz Sharvas
Plug My Hole
#2 - 2014-05-23 01:43:38 UTC
I guess ill fill this. Ill send the isk when I can
Koniforous
Tauren Transit
#3 - 2014-05-23 02:16:58 UTC
Bayaz Sharvas wrote:
I guess ill fill this. Ill send the isk when I can


Yay! Bayaz finally fills a loan! Congratulations sir.

TAUTX: Private Bank & Lending

TAUTX: Collateral Liquidation / Discount Items
Plleasure Hub
Municorn
#4 - 2014-05-23 02:20:10 UTC
Great, thanks!

"There's no meaningful difference between a real and a virtual world. It's pointless to ask anyone who they really are. All you can do is accept and believe in them, because whoever they are in your mind, is their true identity." — Kazuto Kirigaya
Bayaz Sharvas
Plug My Hole
#5 - 2014-05-23 02:44:58 UTC
isk sent
Plleasure Hub
Municorn
#6 - 2014-05-23 03:01:05 UTC
Bayaz Sharvas wrote:
isk sent


Confirmed ISK received on 2014.05.23 02:44 UTC. Repayment of 220 mil ISK will occur on or before 2014.05.30 02:44. Thanks, Bayaz.

"There's no meaningful difference between a real and a virtual world. It's pointless to ask anyone who they really are. All you can do is accept and believe in them, because whoever they are in your mind, is their true identity." — Kazuto Kirigaya
Plleasure Hub
Municorn
#7 - 2014-05-29 02:48:57 UTC
Sales have been fantastic and your ISK has been repaid, Bayaz. Nice working with you!

200,000,000 ISK principal + 20 mil interest (10%) + 2 mil bonus sent on 2014.05.29 02:38. (1 day early).

200 million borrowed. Total of 222 million ISK returned in 6 days.

Thanks for the boost.

"There's no meaningful difference between a real and a virtual world. It's pointless to ask anyone who they really are. All you can do is accept and believe in them, because whoever they are in your mind, is their true identity." — Kazuto Kirigaya
Bayaz Sharvas
Plug My Hole
#8 - 2014-05-29 11:42:53 UTC
Isk recieved