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De Guillaume
THORN Syndicate
Northern Coalition.
#1 - 2011-11-14 13:03:49 UTC  |  Edited by: De Guillaume
This will be my first loan request. So I am currently making pretty good isk but need more capital to increase my profits. Currently have 23b in wallet. I have to do the maths but I think I can pretty much provide full collateral or at least 90%. Compared to what I have already, 3b might seem small but it will allow me to do much more.

I am looking to have the loan for 1 month.
10% interest
Loan will have collateral

4 days notice if you want your loan back early, each week will count as 2.5% interest.

If you have any question post here or send me a mail.

Has you ever went so far as chose to go even use want to look more like do?
De Guillaume
THORN Syndicate
Northern Coalition.
#2 - 2011-11-14 13:39:05 UTC
After receiving some advise my mail I have updated the above request.

Has you ever went so far as chose to go even use want to look more like do?
Tekota
The Freighter Factory
#3 - 2011-11-14 13:41:10 UTC
De Guillaume wrote:

Who handles the collateral, the person offering the loan or a 3rd party?

Depends, cheapest and easiest would typically be the person offering the loan. Couple of things to be aware of, firstly if multiple people cover your loan then a third party may be necessary; secondly, if there exists the potential that your collateral could rise in price to be worth notably more than your loan you need to likewise be sure your collateral holder will honour the return, as such established third party holders might be preferable.

De Guillaume wrote:

Do I need to specify either 1 or 2 month.

The more info you give the better. Ascertain how long you are likely to need the money, outline your exit options and those you propose offering to your creditors.

De Guillaume wrote:

Do I need to specify share counts and each share = a certain amount of isk ?

Best to avoid the ingame share system, it's unwieldy and unnecessary for a typical loan. Merely recording upon the forums who has what amount of money invested is likely fine.
De Guillaume
THORN Syndicate
Northern Coalition.
#4 - 2011-11-14 13:59:19 UTC
thanks for the advise.

Has you ever went so far as chose to go even use want to look more like do?
Blueprint Seller
Bring Me Sunshine
#5 - 2011-11-14 14:01:17 UTC
I would be willing to provide this loan provided the collateral is acceptable.
De Guillaume
THORN Syndicate
Northern Coalition.
#6 - 2011-11-14 14:03:48 UTC
all of the loan

Has you ever went so far as chose to go even use want to look more like do?
Blueprint Seller
Bring Me Sunshine
#7 - 2011-11-14 14:04:15 UTC
Yes
De Guillaume
THORN Syndicate
Northern Coalition.
#8 - 2011-11-14 21:33:07 UTC
i no longer need the 3b isk. I have managed to increase my profit from a recent windfall of a cheap purchase with a profit of 4-5b when sold.

I plan to seek a much larger investment but with that I need to create some sort of business plan and proof of my particular skills thats making me money.

thanks to everyone who have sent me mails private and here.

this thread is closed.

Has you ever went so far as chose to go even use want to look more like do?