These forums have been archived and are now read-only.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.
12Next page
 

70b Collaterised loan @ 2% for 2 months [finished]

Author
Capsups
Atomic Mangocorp
#1 - 2015-09-24 15:59:20 UTC  |  Edited by: Capsups
Hey MD,

I just finished a recent loan and I'm left with a lot of collateral that I'd like to put forward for a loan. The loan will be used to kickstart my recent business going into full-scale marketeering and I've been doing fairly well so far, hence this request for a bigger loan.

Loan info
Size: 70b in total
Duration: 2 months
Collateral: Yes, held by Grendell and worth about 80b.
Interest: 2%
Payout: After 1 and 2 months respectively, from the date where I have the ISK in my possession.
Additionally I reserve the right to pay the full loan + full interest for 2 months back at any time should the need arise.

I've reached out to Grendell and I'm hoping he will confirm the collateral as soon as possible.

Previous activity
1B collaterised loan @ 10% for 1 month (defaulted)
10B Collaterised loan @ 10% for 2 months (finished)
18B Collaterised loan @ 4% for 2 months (finished)

If there's any questions, don't hesitate to ask.
Bumblefck
Kerensky Initiatives
#2 - 2015-09-24 16:13:38 UTC
Just an observation, your disappearance from that first bond thread did look mighty suspicious (even though you're not hiding the default and did forfeit the collateral with good grace :) ).

Why did you not return to that thread?

Perfection is a dish best served like wasabi .

Bumble's Space Log

Bad Bobby
Bring Me Sunshine
In Tea We Trust
#3 - 2015-09-24 16:19:05 UTC  |  Edited by: Bad Bobby
Can you give details of the collateral?
Capsups
Atomic Mangocorp
#4 - 2015-09-24 16:36:57 UTC  |  Edited by: Capsups
Bumblefck wrote:
Just an observation, your disappearance from that first bond thread did look mighty suspicious (even though you're not hiding the default and did forfeit the collateral with good grace :) ).

Why did you not return to that thread?


To be blatantly honest, I was 5 years younger and it was the first time I had finally come into some ISK.
What I was doing at the time was setting up a smaller reaction farm in some NPC null-sec systems that I was living in at the time with my alliance. It was very close to Jita and at the time I was borrowing a corp mate's JF as I didn't have the ISK to buy my own. I was doing very well at the time, as the reaction market was VERY different back then as opposed to today. I think I had 4 towers running nanotransistors and the monthly profits as far as I remember was something like 2b per tower. All in all, a fairly profitable venture.

One late night while selling nanotransistors for several billions (which was all of my liquid ISK at the time), this one guy convoed me and told me he was trying to manipulate the nanotransistors market or something like that. I was 100% sure it was a scam at the time, but he offered me a price for the nano transistors slightly below the sell order price, but on the other hand he was guaranteeing me that he would be interested in buying all the nanotransistors that I was producing.

However, I remember there being something suddenly happening that I had to attend to immediality IRL and I decided to setup the contract to the guy right away before leaving. Alas, younger me had forgotten to put in a price for the nanotransistors and thus when I got back later I had no ISK anymore and I lost my nanotransistors.

The following day, I wake up to my towers having been reinforced by some capital fleet during the night and for some ungodly reason I don't remember, they ended up being killed after their timer was up. I was left with exactly 0 ISK, the collateral that I had given and a single Hulk (only relevant for my later EVE career).

I rage quit the game instantly but returned 2 months later because I couldn't get enough of the game. That's the story of how I defaulted my first loan and lost everything I owned in one fatal night.


Needless to say, it was probably the best learning experience for my EVE career ever, as it taught me everything about risk mitigation and a backup plan. Unfortunately, I'll also have to live with the stain of that decision of rage quitting forever... Straight

Bad Bobby wrote:
I'd consider filling this completely, but I'm concerned about the collateral. Can you give me more details?


See my mail.
Cista2
EVE Museum
#5 - 2015-09-24 16:57:37 UTC
If you got 6 years older since 2010, I feel you should be able to pay at least 20% interest rate as well.

Anyway, carry on :)

My channel: "Signatures" -

Capsups
Atomic Mangocorp
#6 - 2015-09-24 17:04:57 UTC
Cista2 wrote:
If you got 6 years older since 2010, I feel you should be able to pay at least 20% interest rate as well.

Anyway, carry on :)


Math is hard Cista, mkay?

Updated interest rate on recommendation, we'll see how it goes.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#7 - 2015-09-24 17:11:44 UTC
Once Chribba confirms the collateral I'll consider putting in on this.

But I'm going to have to back off from taking the whole thing because I'm already heavily invested in some of those items, so go ahead and take reservations from elsewhere and I'll probably take what's left when you have the /c.
Ulisse Kromm
Italian Gentlemen's Society
#8 - 2015-09-24 20:37:42 UTC
I'm in for 50 Bil if Chribba confirm collateral
Droodid
Antec Enterprises
#9 - 2015-09-24 21:08:35 UTC
I'll take whatever is left once confirmed.
Xylem Viliana
homeless bum
#10 - 2015-09-25 11:32:20 UTC
once collat is confirmed by chribba, id be willing to put 10b into this if the collat is proper etc
Capsups
Atomic Mangocorp
#11 - 2015-09-26 17:25:47 UTC
Still working with Chribba to get him to confirm the collateral, so hang in there.
Capsups
Atomic Mangocorp
#12 - 2015-09-28 20:59:30 UTC
Ended up changing to Grendell instead as Chribba was being way too slow to work with. Droodid was fine with it, I have yet to hear from Ulisse.
Assuming Ulisse doesn't get back to me within the next day, I'm going to open up whatever Droodid doesn't want to cover to other investors.

Thanks for your interest.
Grendell
Technologies Unlimited
#13 - 2015-09-28 21:14:36 UTC
Now holding collateral, worth above 70b isk.

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

Droodid
Antec Enterprises
#14 - 2015-09-28 21:35:18 UTC
Grendell wrote:
Now holding collateral, worth above 70b isk.


Posting that I am, indeed, fine with Grendell. He is a gentleman and a scholar.
Maxamilia N'Graves
Negatum Influensi
#15 - 2015-09-28 21:42:43 UTC
Anything left on this?
I can do 5-7b.
Lando Antilles
#16 - 2015-09-29 01:18:49 UTC
Maxamilia N'Graves wrote:
Anything left on this?
I can do 5-7b.


And I am ready for any more scraps. Could do up to 15 bil if available.
Ulisse Kromm
Italian Gentlemen's Society
#17 - 2015-09-29 15:26:04 UTC
Grendell is ok for me let me know if i have to send isk to him and when, isk are ready from now i wait your comunication
Capsups
Atomic Mangocorp
#18 - 2015-09-29 15:33:51 UTC
Alright then, confirming the following then:

Grendell now holds the collateral.

Ulisse Kromm has 50b
Droodid has 20b

Send your ISK to Grendell and lets get this show on the road.

Maxamilia N'Graves wrote:
Anything left on this?
I can do 5-7b.


Lando Antilles wrote:
And I am ready for any more scraps. Could do up to 15 bil if available.


I'm sorry, but the loan's all filled now. Thanks a lot for your interest however.
Ulisse Kromm
Italian Gentlemen's Society
#19 - 2015-09-29 15:43:41 UTC
50 bil isk send to Grendell as request, i wait confirmation from third party and gl Capsups
Maxamilia N'Graves
Negatum Influensi
#20 - 2015-09-29 15:58:36 UTC
No worries.
Take my chance on the next one.

Good luck :)
12Next page