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20Bil loan, 30 days, ~53% Collateral, 7.5% interrest

Author
Comy 1
Imperial Shipment
Amarr Empire
#1 - 2011-09-16 00:52:11 UTC
Hello!

I'm looking for a loan to expand my wormhole operation that I have run successfully for a year.

About me
I am Comy member for two years and the current CEO of Ore Mongers, a corporation that has been arround since April 2006. During my time in EVE I have explored everything between mission running, belt ratting, complex running, moon mining/reacting, incursions and as of late wormholing to secure my income to fund PvP and gametime. Now I want to take my latest venture to the next level.

Backstory
Up to this day I'm set up in a Class 4 wormhole with a Class 3 static that has served us well for a very long time. However while looking for new challanges and even more of my friends getting interrested I have decided to raise the stakes and move into a Class 5. This will allow us to run the very rewarding capital escalations from all the sites in our home wormhole aswell as having access to the most valuable Ladar sites (since we actually have people who love gas). Last but not the least it will give me a new project to keep the game interresting.

Why do I need the loan for this?
Up to this day we have relied on Tengus to completely obliterate every site available to us in C3/4 space, but the move to a C5 will require capitals and characters to fly them. Due to this I also need to invest more isk into better security as the risk of having your wormhole invaded will increase as you store alot more valuable assets in it.

My plan is to replace 2 alts and a faction death star to be able to run things smoothly. Once I have 2 new characters I will sell off my current ones which will hopefully make me end up close to breaking even on the character trades. To get more into specifics I plan on spending:

5bil - Death Star
15bil - 2x Characters

Given that I break even on the character trades that would leave me having to grind about 6.5 bil isk to cover the death star and interrest, is totally doable (as the money for the death star will be a group effort).

Collateral
As collateral for my loan I will leave the corporations capital component BPO collection. They are all researched but I will list them at their NPC sell order price:

Capital Capacitor Battery Blueprint 1,032,242,400.00
Capital Construction Parts Blueprint 904,944,600.00
Capital Armor Plates Blueprint 1,162,089,720.00
Capital Shield Emitter Blueprint 1,176,055,200.00
Capital Propulsion Engine Blueprint 1,128,565,800.00
Capital Power Generator Blueprint 1,224,056,880.00
Capital Jump Drive Blueprint 1,497,568,320.00
Capital Drone Bay Blueprint 785,051,640.00
Capital Computer System Blueprint 1,105,558,920.00
Capital Shield Booster I Blueprint 45,902,089.80
Capital Armor Repairer I Blueprint 42,320,480.40
Siege Module I Blueprint 470,114,712.00

Total: 10,574,470,762.20 isk

This equals 52.87% of the total value of the loan.

Details
The 30 days will start ticking when the 20 bil are filled. Which means the first investor might have to wait a few days longer depending on how fast people invest.

As you can see on the value of the blueprints it would be the easiest if the investors each loaned me isk that covers about double the value of a blueprint, however I'm considering using a 3rd party service to hold all the blueprints when the loan is running.

If you have any questions or feedback, dont hesitate to mail me ingame or post in this thread.
Felix Newton
Kate Enterprises
#2 - 2011-09-16 01:19:10 UTC
I have a toon in a C3 with a C4 static. Been in over a year.

We turn about 3B a week between 5 of us, have 3 POS's.

If you haven't earnt the money in your wormhole, then your doing something wrong.
Comy 1
Imperial Shipment
Amarr Empire
#3 - 2011-09-16 01:22:54 UTC  |  Edited by: Comy 1
Felix Newton wrote:
I have a toon in a C3 with a C4 static. Been in over a year.

We turn about 3B a week between 5 of us, have 3 POS's.

If you haven't earnt the money in your wormhole, then your doing something wrong.


Just because I make alot of isk doesn't mean I keep alot of isk. I PvE as much as I need to stay at a buffer I feel comfortable at, after that I spend them.

On top of this I have to cover more things that I'm already using my current liquid isk for, like the capital ships, multiple sub caps, fuel etc.
Felix Newton
Kate Enterprises
#4 - 2011-09-16 02:29:02 UTC
If your burning all your cash, you don't sound like a good risk then.
Comy 1
Imperial Shipment
Amarr Empire
#5 - 2011-09-16 03:07:55 UTC  |  Edited by: Comy 1
Felix Newton wrote:
If your burning all your cash, you don't sound like a good risk then.


Read into it as you wish. What I'm trying to say is that I enjoy other aspects of EVE than constant farming. I never saw the purpose of excessive grinding without a goal which I lacked the last couple of months. I do what I do efficiently when I PvE, which only means I have had to spend less time doing it.

When I play EVE I want to experience something new every once in a while to keep it fresh, and allowing more of my friends into my operation since the current one is kind of capped out is going to make it even better.