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SWECF Now Giving Loans
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PlatinumMercSEAL
Center for Advanced Studies
#1 - 2012-02-07 00:45:44 UTC  |  Edited by: PlatinumMercSEAL
Screaming War Eagle Capital Firm is now giving loans.

Interest: 10% every week

Collateral: >95%;

*The max limit will grow as the corporations grows.

No API Required!

Captain PlatiumMercSEAL, Deep-Space Wraiths (Independent Null Sec Mercenary Corporation)
Mephistocles
Red Frog Investments
#2 - 2012-02-07 01:51:09 UTC
Ummmm... Huh?
PlatinumMercSEAL
Center for Advanced Studies
#3 - 2012-02-07 01:56:58 UTC  |  Edited by: PlatinumMercSEAL
*Retracted*

Captain PlatiumMercSEAL, Deep-Space Wraiths (Independent Null Sec Mercenary Corporation)
Zack Evans
Pyromaniacs Anonymous
#4 - 2012-02-07 02:19:59 UTC
First of all, your name disgusts me. Not in the military, and clearly no respect for the military. Secondly your bank sucks, and third your terrible attempt of givng BS loans blows. I'll give you 500m collateral for 1bil loan. Lets see if it happens.
PlatinumMercSEAL
Center for Advanced Studies
#5 - 2012-02-07 02:25:47 UTC  |  Edited by: PlatinumMercSEAL
*Retracted*

Captain PlatiumMercSEAL, Deep-Space Wraiths (Independent Null Sec Mercenary Corporation)
David Forge
GameOn Inc.
#6 - 2012-02-07 02:38:33 UTC
This idea is malformed at best. If you're serious about pursuing this as a business I would suggest putting together a more thorough presentation and providing set terms for all the different types of loans you're considering. This is just haphazard.
papamike
Aliastra
Gallente Federation
#7 - 2012-02-07 09:38:15 UTC
PlatinumMercSEAL wrote:
To our military, thanks for defending freedom.

RollRollRollRollRoll
PlatinumMercSEAL
Center for Advanced Studies
#8 - 2012-02-07 22:40:43 UTC  |  Edited by: PlatinumMercSEAL
*Retracted*

Captain PlatiumMercSEAL, Deep-Space Wraiths (Independent Null Sec Mercenary Corporation)
KrakizBad
Section 8.
#9 - 2012-02-07 23:18:21 UTC
PlatinumMercSEAL wrote:
Here is a better format.


Interest: 10% for a set time period, interest hists at the end of each time period;

Time Period: Negotiatable, will be a week or more;

Collateral: Please use the formula: (log(base 20)(x+1000000000))/10

Size Limits (New): Nothing under one million and above 150 million*;

*The max limit will grow as the corporations grows.

I hope you're trolling with this.
Kha'Vorn
Aliastra
Gallente Federation
#10 - 2012-02-07 23:19:18 UTC
This stinks of scam
PlatinumMercSEAL
Center for Advanced Studies
#11 - 2012-02-08 00:02:47 UTC  |  Edited by: PlatinumMercSEAL
*Retracted*

Captain PlatiumMercSEAL, Deep-Space Wraiths (Independent Null Sec Mercenary Corporation)
PlatinumMercSEAL
Center for Advanced Studies
#12 - 2012-02-08 00:03:27 UTC  |  Edited by: PlatinumMercSEAL
*Retracted*

Captain PlatiumMercSEAL, Deep-Space Wraiths (Independent Null Sec Mercenary Corporation)
David Forge
GameOn Inc.
#13 - 2012-02-08 00:39:48 UTC
It might not even be a scam, just a really poorly conceived plan.
Ore Mut
Isometric Robot
#14 - 2012-02-08 02:37:53 UTC
If I gave 950 million isk as collateral to receive a 1 billion isk loan I'm escentially asking for a 50 million isk loan.

Anyone that has 950 million isk in the bank is more than capable in obtaining just 50 million more.

Not sure with these numbers who would be attracted to loans barely above the collateral amount.
Ore Mut
Isometric Robot
#15 - 2012-02-08 02:47:57 UTC
Cool Please excuse the double post.

Using the formula provided. If a person wanted to take out a 115 million isk loan the collateral he would owe is 114.96 million isk.

The difference being exactly 38,155.05 isk.

Not sure, again, what demographic OP is targeting. Whether requesting a large loan or a small loan, his formula hardly renders nothing but a 0 risk investment, and doesn't actually assist people in obaining capital to make isk off of.

I'm pretty sure the op would have people making payments off the whole loan excluding collateral. If you were paying off of just the difference most loans would be paid off the day after they were loaned the money, which begs the question. Why would you need a loan?
KrakizBad
Section 8.
#16 - 2012-02-08 03:11:18 UTC
Given the choice between him trolling or just being unable to figure that out for himself, I still hope it was a troll. Ugh
Elijah Bry'an Baudoin
EVE Exchange
#17 - 2012-02-08 08:01:06 UTC
Kha'Vorn wrote:
This stinks of scam
You sure?

This this seems far too confusing to be a scam.

Sorry OP but if you can't understand it, you wouldn't use the service.
PlatinumMercSEAL
Center for Advanced Studies
#18 - 2012-02-08 14:37:44 UTC
The other directors and I are changing the collateral and interest. It is profitable this way, but shareholders tend to be more greedy. We are going to barely undercut all competition. I will be modifying the collateral and interest in the corporations favor. We will be the corporation that will require less collateral and less interest. Sorry for the people that were glad to see us make this huge undercut and retract it. I will be modifying the OPs to accommodate this change.

Captain PlatiumMercSEAL, Deep-Space Wraiths (Independent Null Sec Mercenary Corporation)
KrakizBad
Section 8.
#19 - 2012-02-08 19:34:37 UTC
PlatinumMercSEAL wrote:
Screaming War Eagle Capital Firm is now giving loans.

Interest: 10% every week

Collateral: 110%;

Size Limits (New): Nothing under one million and above 150 million*;

*The max limit will grow as the corporations grows.

This has been edited to the new changes.

No API Required!

Sooooo now you want 110% collateral? I, too, am willing to give out loans of any size for 110% collateral and then charge 10% on the full value of the loan. ShockedLol

I will start a new fund called the "Broken Kneecap Fund"
Lauren Hellfury
Super Happy Awesome Fun Times
#20 - 2012-02-08 20:16:13 UTC
This is so stupid I don't know whether to laugh or troll....


110% collateral and 40% interest? (that's using the normal monthly thing)

Anyone that wants a loan and can put up 110% collateral should just make a thread for about 5% interest - they'll get their isk and not get ripped at the same time.


Anyway, must dash. Need to look up the thread on eve-search to see what needed redacting.

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