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[LOAN] 1-Billion / 12%, uncollateralized, 1 Month term
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Nicky-V
Crimson Integrations
#1 - 2017-01-24 20:35:02 UTC  |  Edited by: Nicky-V
Hello, I am seeking a personal loan of 1,000,000,000 Isk. This loan will be used to manufacture items that will in-turn be sold. This is my first loan and really first time on these forums. I am looking to do 12% for the month with the initial loan being paid back at the end of 30 days. The interest payments will break down to 3% per week lasting 4 weeks being payed out on Fridays. Should 30 days come before the 4th and final interest payment, the initial loan + final 3% will be paid back at the same time.

Post here or eve-mail if you have questions.

Or you know, maybe just let me how stupid I am and how poorly written my post is.

Thanks,

Nicky-V
Chelian Dendrotoxin
Mamaroneck Trading Company
#2 - 2017-01-26 21:37:00 UTC
All things considered, this isn't a terrible offering, but you're probably going to need to give some more details to get anyone in. Too big a risk to lend that much uncollateralized.
Nicky-V
Crimson Integrations
#3 - 2017-01-26 21:58:02 UTC
Chelian Dendrotoxin wrote:
All things considered, this isn't a terrible offering, but you're probably going to need to give some more details to get anyone in. Too big a risk to lend that much uncollateralized.


I understand, I was hoping that the lower ISK amount would off-set my no reputation on the forums. I really don't want to disclose what I am building, I will say I am putting a pretty penny of my own money into it. I mean its no trouble to not get the loan I will just wait a few days and I'll have that billion anyways. I was just hoping to gain some rep while also getting the job started ASAP.

Thanks,
Nicky-V
Dethmourne Silvermane
Fliet Pizza Delivery
Of Essence
#4 - 2017-01-27 08:22:48 UTC
Ah, the Rep Grind initial loan.

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James Zealot
Science and Trade Institute
Caldari State
#5 - 2017-01-27 11:15:20 UTC
Nicky-V wrote:
Chelian Dendrotoxin wrote:
All things considered, this isn't a terrible offering, but you're probably going to need to give some more details to get anyone in. Too big a risk to lend that much uncollateralized.


I understand, I was hoping that the lower ISK amount would off-set my no reputation on the forums. I really don't want to disclose what I am building, I will say I am putting a pretty penny of my own money into it. I mean its no trouble to not get the loan I will just wait a few days and I'll have that billion anyways. I was just hoping to gain some rep while also getting the job started ASAP.

Thanks,
Nicky-V


Heres what I would do, you say in a couple days you'll have the 1B anyways right? Once you get that, then buy some assets, use those assets, or I guess just the isk, as collateral and ask for another loan.

If that's your true intent here, to start building up a reputation, then do that. Get the 1B, use it to get/for collateral, and ask again for the loan.
Keno Skir
#6 - 2017-01-27 12:13:12 UTC
I'll cover the loan if it's collateralized.

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Ruvin
Amarr Empire
#7 - 2017-01-27 12:57:11 UTC
Nicky-V wrote:
Chelian Dendrotoxin wrote:
All things considered, this isn't a terrible offering, but you're probably going to need to give some more details to get anyone in. Too big a risk to lend that much uncollateralized.


I understand, I was hoping that the lower ISK amount would off-set my no reputation on the forums. I really don't want to disclose what I am building, I will say I am putting a pretty penny of my own money into it. I mean its no trouble to not get the loan I will just wait a few days and I'll have that billion anyways. I was just hoping to gain some rep while also getting the job started ASAP.

Thanks,
Nicky-V



ppl also call that rep grind, you do 1b 2b 4b 6b 10b.
once u reach a decent sum u just dissapear.



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Bobb Bobbington
Rattini Tribe
Minmatar Fleet Alliance
#8 - 2017-01-28 03:30:21 UTC
It's not impossible to get a loan like this fulfilled, despite the fact that it's your first, but you effectively have to type up a detailed essay explaining exactly what you're doing with the money, risks, etc, and provide evidence to investors via evemail that you have been doing this already (by evidence I mean API)

Here's a link to my first loan, which was filled quickly and went well for all involved
https://forums.eveonline.com/default.aspx?g=posts&t=472171

*I am not responsible for the actions of parties involved, just trying to help a newbie earn some isk, if he writes a sweet essay and you guys give him your money it's still your fault if he runs with it :)

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