Market Discussions

Hi MD,

Firstly Is hould say that this is my first post here and you'll have to forgive my lack of knowledge regarding in-depth financial jargon, but I have a query :)

I'm the CEO of Space-Mail Express, the original founder of the service, and we're due to relaunch on the 6th of Feb this year with all the bells and whistles that the business has always boasted. From flexible payment options for our customers, our corporate partnership program that saves bundles of ISK each month while generating cash flow for the business itself, right down to customized invoices sent upon completion of each delivery. I've returned to the game after a years break and worked with the existing, remaining management to purchase back the corporation and relaunch the service in full, effectively picking up where I left off.

Alot of the past and present customer base are expected to return to the service, which effectively generates approx. 30 jobs per day. But this isn't an advertisement so I will stop here, I just felt it was relevant to mention.

On that note, you can find full details about Space-Mail on our website

Basically, Space-Mail always had an extremely high demand for jump freighter services, to service npc null and low sec space. Note: We have never had any intention of serving sovereignty space due to the issues associated with docking permissions or lack thereof.

We didn't launch the service previous due to a lack of jump freighter pilots actively participating in the day-to-day running of the corp, however upon relaunch now we are already in a decent position, having 2 JF pilots in corp and ready to roll already, with a 3rd, myself, if I am able to drum up the remaining ISK I need without leaving myself short from collateral.

High sec freighter haulage pays relatively well, but not enough to generate such large sums of ISK in any timely manner.

Space-Mail's JF service has long being planned to run on an 80mil ISK flat rate fee structure, which is typically cheaper than our competitors, while generating high profits for our corporation and our pilots. Most of our potential danger sec customers simply require delivery to this low sec staging system, at which point they ferry the goods the remaining distance to their HQ, so the risk is relatively light with a correctly lit cyno and a scout, both of which i'm capable of and experienced in.

My query is this, my hauler can now fly an Anshar, however is currently a whopping 5 billion ISK short of the initial purchase cost, with enough left over to secure collateral ofcourse, so i'd like to enquire as to the possiblities of securing a business loan from potential investors to secure the jump freighter and really bust Space-Mail into the high earning deliveries of low and npc null sec space.

I would like to know if securing a loan from investors is a viable option for me, how I would go about doing that and what sort of repayment arrangement would be best? For example, is a 5 month repayment deal at 20% interest too long, too little interest etc?

I look forward to being educated!

Best regards,
ESS

Fair point, trutfhfully though if I had 5bil collateral I would just sell it to raise the money myself lol. The business plan is very solid though, it's already tried and tested, Space-mail has been around since 2013.

Thanks very much though, I understand what you're saying, the risk is great for any investors, but i'd be interested in finding out if it's possible.

EDIT: I should mention that I have a FW mission runner sat ready incase I ever need emergency ISK, but due to the current low tier this isn't a viable option, I mention it though as some potential peace of mind that the loan could still be repaid if the worst should happen and my JF gets blown up.

All in all though i'm not going to be able to provide collateral equal to the loan amount i'm seeking, so i'll probably be best to seek other means of raising the capital.

Thanks anyway! o7

haha indeed, though boredom wasn't the actual reason for leaving the game, I do see how that looks now that time has gone by :)

I'll find the collateral via other means.

Thanks for your help and advice o7