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Investment opportunity, 1 month 10b @ 10% uncollateralised

Author
Ramingo
Science and Trade Institute
Caldari State
#1 - 2015-07-09 16:39:51 UTC  |  Edited by: Ramingo
As some of you may know ;-) , I have recently returned to the game and after having sold my old cap ships I've begun trading with my 2m SP Jita alt.

I began trading actively 6 days ago with an initial investment of 1b. This has so far given me almost 300 million in profit as per the below screenshots.

SS 1: http://postimg.org/image/z9ot0f5ln/

SS 2: http://postimg.org/image/a4xsn0657/


I am now looking for a loan up to 10b to enable me to get into more expensive items, and more importantly, to be able to have more buy orders up at once (so far I have been doing mostly 1 unit buy 1 unit sell order on the more expensive items which is a lot of effort adjusting orders and misses out on people dumping multiple items at once).


I will be very busy a month from now (starting my MBA), so the loan will definitely be only 1 month with no chance of extending it. Perhaps during the christmas or easter break I may continue trading again and offer another investment opportunity.

Any questions I will do my best to answer.
Elizabeth Norn
Nornir Research
Nornir Empire
#2 - 2015-07-09 16:48:16 UTC
Why didn't you trade using the 16b you just bought a character with?
okoolos rimmer
Napkin Nation
#3 - 2015-07-09 16:51:51 UTC
No collateral + no history = no loan. And no we don't care about your past or potential profits.
Ramingo
Science and Trade Institute
Caldari State
#4 - 2015-07-09 16:55:50 UTC
I bought plexes with them for my 2 accounts, as well as long term investments/ensuring I can keep logging in at least 1 of them during university. Another part went to pvp ships I have seeded on alliance contracts but not yet sold.
Ramingo
Science and Trade Institute
Caldari State
#5 - 2015-07-09 16:57:25 UTC  |  Edited by: Ramingo
okoolos rimmer wrote:
No collateral + no history = no loan. And no we don't care about your past or potential profits.



I actually have a fair bit of history both on eve:
http://community.eveonline.com/news/news-channels/eve-online-news/caldari-defence-initiative-signed-by-militia-corporations/

as well as the market forums (although cards open, it was a failed attempt at offering auditing services)


EDIT: I just saw none of my old posts remain from 2 years ago (and here I thought threads don't get deleted...).

Perhaps someone still remembers my activities, like Cista2 (only person I still remember from back then, and who I am sure will check this thread as he seems to be omnipresent).
Cista2
EVE Museum
#6 - 2015-07-09 17:01:54 UTC
I'd try with 10% for a first loan if I were you.

My channel: "Signatures" -

Ramingo
Science and Trade Institute
Caldari State
#7 - 2015-07-09 17:11:34 UTC
Cista2 wrote:
I'd try with 10% for a first loan if I were you.



Swear to god I wrote my edit while you were posting.

I've been following your activities with the museum for the last week and am glad to see you're still active.


Alright, I will do as you recommend and change it to 10%. The spread between buy and sell prices on even some t1 items are usually higher than that so it is no problem.
okoolos rimmer
Napkin Nation
#8 - 2015-07-09 18:12:25 UTC  |  Edited by: okoolos rimmer
By no history I meant MD loans. That's the only one that matters in this case.
As far as I'm concerned we have a brand new MD player asking for a 10B uncollateralized loan.

Again:

no collateral + no history = no loan. I should put that in my signature or something.
Ramingo
Science and Trade Institute
Caldari State
#9 - 2015-07-09 18:15:43 UTC
Alright fair enough.

I didn't think 10b was much nowadays. Adjusting for PLEX inflation it's like 3b back when I last played, which was less than most 1st time investments asked for.
Koniforous
Tauren Transit
#10 - 2015-07-09 19:02:23 UTC
Ask some of your old contacts to front the loan for you, and as long as they have history here have them post in this thread with their lending terms for you. That will give you history and still get you the loan. Otherwise you'll have to collateralize it or lower the loan to 1-5bil with a 10%-15% rate. Good luck!
Ramingo
Science and Trade Institute
Caldari State
#11 - 2015-07-09 20:09:32 UTC
Few of my old friends are still playing.

I already upped to 10% but I won't go 15%, it'll be higher than my average trade margins.

Latest API update SS: http://postimg.org/image/wls7dloqj/
okoolos rimmer
Napkin Nation
#12 - 2015-07-09 21:04:08 UTC  |  Edited by: okoolos rimmer
tbh mogul screenshots will notl change the outcome of this loan request. (As much as I like mogul)
I should probably ask Jeronica to add option for including dates.
solarius lunarian
Nebula Tactics
#13 - 2015-07-10 21:05:11 UTC
Under ideal circumstances usually an investor will not loan you more money than your net asset value, there are exceptions to this, for example if you are a scientist who comes up with an incredibly novel, never before seen idea. For example the discovery of an incredible new cancer drug that everyone recognizes will work.

look at this from the point of view of an investor, with 10 billion isk you could easily become a self sufficient trader,
What is the incentive for you to pay this money back? I see none, you could plex that account for a year

You have to recognize that even if you are not a scammer there is still incredible risk associated with such a high value loan to such a low net worth client. If you make mistakes trading and lose it, you can't really cover any of the cost of the loan with your own money. Contrary to what seems to be a popular belief station trading is a high risk game it's easy to lose boatloads of money fast station trading, even if you think you know what your doing, You could lose interest in the game, get sick, not be able to pay for it, get banned.

Basically the fact that you probably aren't a scammer isn't enough to justify this loan. there is a host of other things unrelated to scamming that make this a very risky loan

I think, since this is a game, and people have more isk than they know what to do with you could probably get a 2 billion isk loan with maybe 500 million in collateral, 3 billion would be a real stretch

You won't get 10
Amy Inhibenson
Living Off The Land
Intaki-Business Logistics Union
#14 - 2015-07-10 23:28:13 UTC
Exactly as solarius said. What will you do if you lose interest in the game or get sick? What will you do if you are unable to pay your debts? Nothing

Which is why I doubt anyone will lend to you.
Patricia Orama
Ohm Financial Services
#15 - 2015-07-11 01:40:19 UTC
One suggestion, you could maybe ask for a lower loan, 1b perhaps, come up with proper terms, anr then succesfuly repay the loan, with interests, at the specified date. That gives you precedence.

Do a few like that to build credibility and asset value, and then you can ask for a bigger one, which you can collateralize.

Just my two cents.