These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

Market Discussions

 
  • Topic is locked indefinitely.
 

Loan 500 mill (up to 5B) 10%

Author
Elgon Smitehand
The Scope
Gallente Federation
#1 - 2017-03-18 19:59:06 UTC  |  Edited by: Elgon Smitehand
Hello guys. Its Elgon here looking for another loan.

General Information:

Recently I've been doing really well ISK-wise so I've invested in many SP farming characters to put my ISK to good use. I'm looking for another loan to further my SP farming operation. This ISK will be used for, but not be limited to, buying more characters, setting up PI, Buying BPO's, and other industry investments.

Loan Information:

The loan will be uncollateralized. I'm accepting increments of 500 million as I completely understand if an investor is hesitant. However, I will be providing information of my two previous loans (400 million and 1.1 billion respectively) below. Since its uncollateralized, I will be offering a high interest rate of 10%. It will completely paid back in 1 month at the latest but a more reasonable time-frame is probably 2-3 weeks.

Previous Loans:
https://forums.eveonline.com/default.aspx?g=posts&t=510749&find=unread (This was my first loan of 400 mill uncollateralized with 20% interest)

https://forums.eveonline.com/default.aspx?g=posts&m=6861155#post6861155 (This was my second loan uncollateralized, originally set to be 500 mill but changed to 1.1 bill with 15% interest)

Both loans were paid back completely, and on time, confirmed by the lenders.

Lenders:

To be added
Elgon Smitehand
The Scope
Gallente Federation
#2 - 2017-03-20 15:27:22 UTC
Bump? 500 mill minimum increments.
Cista2
EVE Museum
#3 - 2017-03-20 17:00:03 UTC  |  Edited by: Cista2
Elgon Smitehand wrote:
I'm accepting increments of 500 million as I completely understand if an investor is hesitant.

If you want an independent opinion, I would say investors are scared away by the meteoric rise in overall ISK demand. It makes little sense that someone that just a few weeks ago needed an ISK injection of 400 mil, now needs 5b ISK instead.

Or conversely, if you seriously need to handle 5b ISK of other people's money, then the loan for 400 mil ISK was only cosmetic, a warm handshake to make investors familiar with you.

My channel: "Signatures" -

Elgon Smitehand
The Scope
Gallente Federation
#4 - 2017-03-20 18:09:22 UTC
Cista2 wrote:
Elgon Smitehand wrote:
I'm accepting increments of 500 million as I completely understand if an investor is hesitant.

If you want an independent opinion, I would say investors are scared away by the meteoric rise in overall ISK demand. It makes little sense that someone that just a few weeks ago needed an ISK injection of 400 mil, now needs 5b ISK instead.

Or conversely, if you seriously need to handle 5b ISK of other people's money, then the loan for 400 mil ISK was only cosmetic, a warm handshake to make investors familiar with you.


I get what you mean but if you look back, the original loan was to start incursions. I consider Incursions very profitable for the knowledge and ISK investment they require. Anyways, this loan has a longer date so I can make sure to pay back the higher numbers, but yeah, I completely get what you mean.
Donna Dolore
Delirium Trigger Industries
#5 - 2017-03-22 22:55:03 UTC
buy plex, problem solved, ill be here all weekend, dont forget to tip your waitress