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Request 1bil loan, 10% interest [Done]

Author
Rexiem Minax
Perkone
Caldari State
#1 - 2015-02-24 16:19:12 UTC  |  Edited by: Rexiem Minax
Hello,

I need a 1bil loan a 5 bonds 200mil each with 10% interest.


How I will spend it?
Buying and selling things, shipping it between the buying and selling.

Why do you need a 1bil loan for it?
My current assets are in a long time investment, waiting for an upswing.
So I need some liquid ISK to try these new buisness way.

Risks?
I'll use courier contract for moving stuff, so this could be a time delay if they'll get ganked.

Collateral?
I'm currently holding around 2mil LP, I will cash them out if needed. Even if the value is **** at the moment.

Weekly updates for investors, I'm looking forward to do it Sat/Sun.

Early exit available, at a discount of the interest, varies on how long you've invested.
Nadia Osipova
Mission Ready Mining
Fly Fearless
#2 - 2015-02-24 16:46:10 UTC
got collateral?
Rexiem Minax
Perkone
Caldari State
#3 - 2015-02-24 17:49:14 UTC
Nothing I could trade away now, only things I could make liquid if things will go bad.
Myriad Blaze
Common Sense Ltd
Nulli Secunda
#4 - 2015-02-24 17:51:49 UTC
Rexiem Minax wrote:
I need a 1bil loan a 5 bonds 200mil each with 10% interest.

Why do you need a 1bil loan for it?
My current assets are in a long time investment, waiting for an upswing.
So I need some liquid ISK to try these new buisness way.

Collateral?
I'm currently holding around 2mil LP, I will cash them out if needed. Even if the value is **** at the moment.

If you have 2m LP you don't really need a 1bn loan.
If you have assets in a "long term investment" you could offer those as collateral.
If you are asking for an uncollaterlized loan despite the afore mentioned aspects, people might think you're just trying to scam.
Rexiem Minax
Perkone
Caldari State
#5 - 2015-02-24 18:00:01 UTC
Myriad Blaze wrote:

If you have 2m LP you don't really need a 1bn loan.
If you have assets in a "long term investment" you could offer those as collateral.
If you are asking for an uncollaterlized loan despite the afore mentioned aspects, people might think you're just trying to scam.


True that, I could just cash out the LP. But the value of it is on the rise and I want to wait maybe another month with it.

The long term investment is maybe ~500mil, I could offer 3 High-Grade Snake Alphas, but their price is down at the moment.

I'm seeing this 1bil project as a new project besides my station trading project and doesn't want to give up station trading.
Kain Duku
LoGisTicAl ERr0R
#6 - 2015-02-25 12:11:15 UTC  |  Edited by: Kain Duku
Why not cash out the LP and use the items from that as collateral?

Once the loan is repaid you'll get those items back and the price may have risen. You don't stand to lose anything this way and the investor will feel far more secure.

If you do happen to sort out collateral, I'll be interested in filling the loan.


Oh also what is the duration of the loan?
Rexiem Minax
Perkone
Caldari State
#7 - 2015-02-25 14:51:58 UTC
Hey,

I just ran 8h Incursions, so I got my 1bil.
Thanks for the interest and suggestions.

Maybe I'll ask you next time I need a loan ingame if that is okay.

Kind regards,

Rex.