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Bond Idea Feedback Request (Closed)
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Toobo
Project Fruit House
#1 - 2016-09-21 09:20:01 UTC  |  Edited by: Toobo
EDIT:

Asked for feedback, got good feedback from good guys, learned something. :)

Removing the OP to clean up mess of a post and rambling.

As pointed out, I was over thinking too much about something that was simple and not that big a deal.

Thank you guys for the advice.

I have found a third party and he is evaluating my collateral value now. It will be much less than what I hinted before because I took out chunk of BPOs I was gonna put as collateral.

Anyways. Thanks again.


:Humbled:

Cheers Love! The cavalry's here!
Droodid
Antec Enterprises
#2 - 2016-09-21 10:01:58 UTC
Open the loan at 2% offering collateral of at least 110% of the value you ask for. Go to a third party (such as Grendell) and disclose the collateral to them; get them to confirm the value in the loan request thread. They won't disclose what the collateral is unless you default, and only then to the person/people who invest.

It'll get filled quickly, probably by one person if it's only 100b.
Toobo
Project Fruit House
#3 - 2016-09-21 10:06:12 UTC
Droodid, thank you for the first feedback :D I am actually in contact with a third party regarding this arrangement. I will update the post if progresses are made.

Cheers Love! The cavalry's here!
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#4 - 2016-09-21 12:17:46 UTC
Droodid wrote:
Open the loan at 2% offering collateral of at least 110% of the value you ask for. Go to a third party (such as Grendell) and disclose the collateral to them; get them to confirm the value in the loan request thread. They won't disclose what the collateral is unless you default, and only then to the person/people who invest.

It'll get filled quickly, probably by one person if it's only 100b.

What he said.

There is no need to over engineer your bond, since your requirements are in no way unusual.
Toobo
Project Fruit House
#5 - 2016-09-21 12:46:25 UTC
Thanks Bobby. I had a direct loan just once before here and it's my first bond on MD, although I've been lurking here for years.

I just wanted to make sure that everything is done in a way that is most acceptable to investors & fits with general requirements.

I will take you and Droodid's advice to keep things simple, and make a simple proposal once I have evaluation sorted with a third party.

Thanks.

Cheers Love! The cavalry's here!