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SWECF Now Giving Loans

Author
Buruk Utama
Science and Trade Institute
Caldari State
#21 - 2012-02-08 21:46:05 UTC  |  Edited by: Buruk Utama
KrakizBad wrote:
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"


Well to be fair if they went and sold whatever item they are going to have to pay broker's fees and taxes so the 110% ensures a break even on the loan and penalty interest for needing a loan in the first place. Or its bait for a large loan to get the collateral and simply sell it and be up 10% on the isk spent.Twisted


I too will also lend any mount with 110% collateral and 10% per week .
David Forge
GameOn Inc.
#22 - 2012-02-08 23:06:09 UTC
At 110% collateral I will loan at 0% interest and still make 10% in profits. Lol
PlatinumMercSEAL
Center for Advanced Studies
#23 - 2012-02-09 03:25:36 UTC
LOL! Trolls, I am starting to get use to you hanging around. I am here to expand my business.

Captain PlatiumMercSEAL, Deep-Space Wraiths (Independent Null Sec Mercenary Corporation)

Zack Evans
Pyromaniacs Anonymous
#24 - 2012-02-09 03:39:54 UTC
lol, lots of retracted statments. and 110% collateral? So I want 1 bil loan, give 1.1bil in collateral, you sell off my **** and boom made 100mil. SSKKEETTCCHHYYY
PlatinumMercSEAL
Center for Advanced Studies
#25 - 2012-02-09 03:42:17 UTC
I perfered my original collateral formula. It got rediculed by trolls for being too low. They are the ones to blame. I will think on putting back up. Trolls and greedy shareholders shouldn't make the customers suffer as long I am the majority shareholder.

Captain PlatiumMercSEAL, Deep-Space Wraiths (Independent Null Sec Mercenary Corporation)

PlatinumMercSEAL
Center for Advanced Studies
#26 - 2012-02-09 03:47:26 UTC
Trolls are driving up the wall! I will open the old collateral rate for those who didn't cause these issues. The formula has to get approval by shareholders on a loan by loan basis.

Captain PlatiumMercSEAL, Deep-Space Wraiths (Independent Null Sec Mercenary Corporation)

Revan Slahka
Republic Military School
Minmatar Republic
#27 - 2012-02-09 04:19:13 UTC
greedy shareholders eh..... i must be lucky. my shareholders only hold friendly conversations with me. i still think your shady
Buruk Utama
Science and Trade Institute
Caldari State
#28 - 2012-02-09 08:23:30 UTC
PlatinumMercSEAL wrote:
Trolls are driving up the wall! I will open the old collateral rate for those who didn't cause these issues. The formula has to get approval by shareholders on a loan by loan basis.


Nobody is trolling you here and you clearly don't understand the definition of a troll. We are publicly discussing and scrutinizing your operation and giving our opinion. You attempt to label anyone who doesn't agree or cheer you as a troll..too damn bad. Your latest loan rate scheme is abysmal and smacks of incompetence in knowledge of lending or scam bait.

You try to justify your moves by saying the "investors" want this or that which sounds like you don't have control over your own corporation and clearly don't know how to manage investor relations. Hint: investors are there to provide money, not give input on how things are run or how that money is to be spent. As CEO you make those decisions not the investors, they are the silent money. You don't see people putting up 1,2, or even 20 billion bonds and funds on the forum claiming the "investors told me to change, the investors said I couldn't do x". Investors expect that you know what you are doing to grow their money; if your investors are so active in running your operation then it sounds like the investors don't have much confidence in you and your abilities.

Of course you brought this on yourself by being an idiot and thinking 110% collateral on any loan was in the realm of sanity. You saw some criticism of your previous formula and instead of rationally looking at the issues you just said "LUDICROUS SPEED GO!" on the entire situation. If you can't see why 110% is an issue then you are in the wrong business.
Revan Slahka
Republic Military School
Minmatar Republic
#29 - 2012-02-09 18:16:38 UTC
Buruk Utama wrote:
PlatinumMercSEAL wrote:
Trolls are driving up the wall! I will open the old collateral rate for those who didn't cause these issues. The formula has to get approval by shareholders on a loan by loan basis.


Nobody is trolling you here and you clearly don't understand the definition of a troll. We are publicly discussing and scrutinizing your operation and giving our opinion. You attempt to label anyone who doesn't agree or cheer you as a troll..too damn bad. Your latest loan rate scheme is abysmal and smacks of incompetence in knowledge of lending or scam bait.

You try to justify your moves by saying the "investors" want this or that which sounds like you don't have control over your own corporation and clearly don't know how to manage investor relations. Hint: investors are there to provide money, not give input on how things are run or how that money is to be spent. As CEO you make those decisions not the investors, they are the silent money. You don't see people putting up 1,2, or even 20 billion bonds and funds on the forum claiming the "investors told me to change, the investors said I couldn't do x". Investors expect that you know what you are doing to grow their money; if your investors are so active in running your operation then it sounds like the investors don't have much confidence in you and your abilities.

Of course you brought this on yourself by being an idiot and thinking 110% collateral on any loan was in the realm of sanity. You saw some criticism of your previous formula and instead of rationally looking at the issues you just said "LUDICROUS SPEED GO!" on the entire situation. If you can't see why 110% is an issue then you are in the wrong business.



bravo, he said what i was thinking.
Sasha-Grey
Doomheim
#30 - 2012-02-09 23:52:13 UTC
so i was just wondering why you are giving loans in this thread and asking for loans inhttps://forums.eveonline.com/default.aspx?g=posts&t=67898&find=unread

isnt that pretty shady?? i really have to say you are just above the intelligence of a baboon.
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