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Bond #2 - 2.5 B, 15% interest, 2 months, ~50% collateral

Author
Tai'Shar Manetheren
Doomheim
#1 - 2011-10-18 23:42:23 UTC  |  Edited by: Tai'Shar Manetheren
Bond Size: 2,500,000,000 (2.5 billion) ISK

Collateral: ~50% (details below)

Term: 2 months

Interest: 15% (willing to due partial payment on day 31)

Uses: Purchasing minerals to expand manufacturing business, possibly 100-250 mil for opportunistic BPO purchasing

Repayment Sources: Manufacturing profits; income from my mission runner alt; working capital (~2-3+ billion); other BPOs I actively manufacture from including full BC, cruiser, frig and industrial sets plus ammo and various others; ships including hulks, orca, freighter, etc




About me: Tai'Shar Manetheren is my industry-focused alt (I also have an active ISK grinding mission runner that has manufacturing slots and a second industry alt, training another on my second account). I focus on T1 ship & ammo production, plus some other things such as labs, and remain in an NPC corp because this character is for semi-passive income purposes (buying mins / making items / selling items). I purchased a few PLEXs to get me going, however my retriever BPO has become much less profitable and I need more working capital to keep everything turning over and all slots full. Hence, I am looking for a bond to purchase additional materials.

Primary collateral details: Highly researched retriever BPO (ME 50 PE 60) valued ~1.2-1.3 billion based on contract history. I am happy to let the lender hold the collateral directly or to use a third party service

Secondary collateral will be the other BPOs I own, my working capital (~2-3 bil+) and various ships owned by me including hulks, orca, mackinaws, freighter, etc. I estimate my net worth around 10 billion between characters, though most of it is tied up in BPOs

Other bonds: I have one bond outstanding which I used to purchase additional BPOs and some minerals. That lender is ok with me offering this as he was interested in lending but another loan of his got extended. I have sufficient capital to repay both loans if I fully cash out, just want to turn things over more quickly as I presently have inactive manufacturing slots and opportunities to take advantage of. I am offering a slightly higher rate for this bond because the other matures first, though as I said I could repay both immediately if I totally cashed out my working capital. Link to other bond:

Please let me know here or via eve mail if you have questions.



thanks!
TSM
Tai'Shar Manetheren
Doomheim
#2 - 2011-10-18 23:43:45 UTC
Brollox
Syndicate Enterprise
Sigma Grindset
#3 - 2011-10-19 08:43:53 UTC
Tai,

I have a few investments ongoing on a the same terms as you are requiring.

I would be willing to loan you the full amount for 15%, if the following conditions are met.

Arrow I get your limited API so I can keep track
Arrow I get to hold the collatreral
Arrow Is it 15% every 30 days or 15% after the 60days?

If the above are acceptable, post here, set a contract up for 2.5b for the Bpo.........make money Big smileSmileBig smile

Cheers

I used to be a Killer ............

Now I am Market Warrior and Investor

Tai'Shar Manetheren
Doomheim
#4 - 2011-10-19 14:26:59 UTC
Eve mail sent..... for others interested in lending:

- I am ok giving out limited API, though would prefer to do so once everything is finalized
- Lender can hold the collateral, I was planning to set up a contract in Amarr or a nearby trade hub
- 15% for 60 days seems on par with other MD posts, but happy to discuss and find an amicable solution


TSM
Brollox
Syndicate Enterprise
Sigma Grindset
#5 - 2011-10-19 14:43:24 UTC
Tai,

I am happy with that mate.

Set up a contract with the collateral for 2.5b and I will accept it this afternoon.

Have fun, fly safe and make loads of isk

Bro

I used to be a Killer ............

Now I am Market Warrior and Investor