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Faros Tellassil
Federal Navy Academy
Gallente Federation
0
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Posted - 2013.11.26 23:17:00 -
[1] - Quote
I would like to request a bond for the value of 500M ISK. The loan will be over a period of two months, with an interest rate of 5% per month. The money will be used to start up a career in manufacturing. I will solely be manufacturing T1 ships and modules using BPC's obtained from an existing contact.
The repayment of 550M ISK would occur exactly two months after I receive the loan. Since I am fairly new to EVE, I am unable to offer any collateral; everything I have is already geared towards manufacturing. |
Blueprint Seller
The Blueprint Shop
108
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Posted - 2013.11.27 06:14:00 -
[2] - Quote
Faros Tellassil wrote:This is the first bond request I've written, so let me know about anything that needs changing. Your interest rate is too low for a first time bond without collateral.
Your business plan, while potentially viable, is somewhat lacking in detail. There is no indication that you have properly researched and prepared for your project, no indiciation that you have put any work in already. This suggests you may just be putting up these words as an excuse to get the money, for a scam or "reputation grind", rather than for an actual project. Alternatively it suggests that if you are honest you may not be up to the task of carrying out your plan.
For me personally, no amount of interest will persuade me to invest in an first time bond without collateral and only a very basic business plan, but there are others that frequently do. They will expect 10% or thereabouts in interest.
If you could provide a screenshot or eveboard link of your character skills, this would go some way to prove you are currently capable of carrying out your plan.
You say you have an existing contact that will provide BPCs for your project. Who is this person and how did you come into contact with them? What is their pricing on BPCs and have you ensured you can make a profit after paying for those BPCs? |
Lord LazyGhost
The Bastards
The Bastards.
195
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Posted - 2013.11.27 09:21:00 -
[3] - Quote
Blueprint Seller wrote:Faros Tellassil wrote:This is the first bond request I've written, so let me know about anything that needs changing. Your interest rate is too low for a first time bond without collateral. Your business plan, while potentially viable, is somewhat lacking in detail. There is no indication that you have properly researched and prepared for your project, no indiciation that you have put any work in already. This suggests you may just be putting up these words as an excuse to get the money, for a scam or "reputation grind", rather than for an actual project. Alternatively it suggests that if you are honest you may not be up to the task of carrying out your plan. For me personally, no amount of interest will persuade me to invest in an first time bond without collateral and only a very basic business plan, but there are others that frequently do. They will expect 10% or thereabouts in interest. If you could provide a screenshot or eveboard link of your character skills, this would go some way to prove you are currently capable of carrying out your plan. You say you have an existing contact that will provide BPCs for your project. Who is this person and how did you come into contact with them? What is their pricing on BPCs and have you ensured you can make a profit after paying for those BPCs?
what he said |
Drab Cane
Carbenadium Industries
7
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Posted - 2013.11.27 11:46:00 -
[4] - Quote
Faros, send me a message in-game. Perhaps I can help. |
Faros Tellassil
Federal Navy Academy
Gallente Federation
0
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Posted - 2013.11.27 18:25:00 -
[5] - Quote
Ok, here's a link to my eveboard:
http://eveboard.com/pilot/Faros_Tellassil
As far as the interest rate goes, I could up that to 10% per month.
And my plan is not to manufacture T1 goods, but faction modules. My contact has LP to spare and is willing to use that to buy faction BPC's and then sell them to me for ISK. I have already calculated that certain blueprints will make me a decent profit despite the cost of purchasing them in the first place. |
I LIKE IT
HIGH RISK INVESTMENT
127
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Posted - 2013.11.27 18:46:00 -
[6] - Quote
I'D BUY THAT FOR A DOLLAR!
ISK SENT |
Drab Cane
Carbenadium Industries
8
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Posted - 2013.11.28 08:37:00 -
[7] - Quote
Received eve-mail from OP. Hopefully we can talk further this weekend, and we can firm up his production plans.
Since he's posted his skills on the forum, I feel free to discuss them. The skill set looks pretty sparse. I'm worried that he doesn't have any trade skills, or mining skills. They aren't necessary for a production character, but still. |
I LIKE IT
HIGH RISK INVESTMENT
139
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Posted - 2014.01.01 07:54:00 -
[8] - Quote
MONEY |
Faros Tellassil
Federal Navy Academy
Gallente Federation
1
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Posted - 2014.01.22 17:23:00 -
[9] - Quote
I have just about reached the end of the two-month loan period and I have found that the bond has worked very well for me. I have been in contact with the investor, and we have agreed to extend the loan for a further two months at the same rate of interest (10% per month). |
Drab Cane
Carbenadium Industries
13
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Posted - 2014.01.23 02:14:00 -
[10] - Quote
Quote:I have just about reached the end of the two-month loan period and I have found that the bond has worked very well for me. I have been in contact with the investor, and we have agreed to extend the loan for a further two months at the same rate of interest (10% per month).
It would make sense to post the update above, if you also posted who the investor was, especially if the investor was also willing to post here verifying that.
Otherwise, it's just you saying stuff.
Note: I am not the investor.
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Halastar Sayashi
Perkone
Caldari State
0
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Posted - 2014.01.23 08:23:00 -
[11] - Quote
https://forums.eveonline.com/default.aspx?g=posts&t=311529&find=unread
Visit Halastar Liquidity Co. for loans
Now offering both Collaterized and Uncollaterized Loans.
Interest Rates can be negotiated, mail me today! ;)
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RAW23
675
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Posted - 2014.01.23 09:25:00 -
[12] - Quote
Halastar Sayashi wrote:https://forums.eveonline.com/default.aspx?g=posts&t=311529&find=unread
Visit Halastar Liquidity Co. for loans
Now offering both Collaterized and Uncollaterized Loans.
Interest Rates can be negotiated, mail me today! ;)
Please don't insert adverts into every loan thread. We tread a slightly fine line here on MD as far as what is allowed is concerned. Periodically, overzealous mods will come along and try to move all threads such as yours, and sometimes all loan request threads, to Sell Orders on the grounds that they do not belong in Market Discussions. The conventions that have developed to differentiate MD from Sell Orders in this respect include not spamming adverts and not bumping the loan service thread more than once a week.
There are two types of EVE player:
those who believe there are two types of EVE player and those who do not. |
Faros Tellassil
Federal Navy Academy
Gallente Federation
1
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Posted - 2014.02.27 12:34:00 -
[13] - Quote
I have now repaid the interest due this month. There is one month left on the contract. |
I LIKE IT
HIGH RISK INVESTMENT
148
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Posted - 2014.02.27 13:45:00 -
[14] - Quote
MO MONEY |
Faros Tellassil
Federal Navy Academy
Gallente Federation
3
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Posted - 2014.03.27 17:18:00 -
[15] - Quote
The bond has now matured and been paid out.
At the start of the bond, I had a net worth of approximately 700M ISK (including investment). Using this money primarily to purchase BPC's from incursion runners and sell on finished goods, I increased this value to 1.6B ISK (before repaying) over a four-month period. I feel that I handled the money fairly well, but I could have made a much bigger profit if I had invested more time into it.
Due to the exam period approaching I will not be looking for further investment at the present time, but I will most likely do so again at some point in the future.
A great deal of thanks to I LKE IT for fulfilling my bond. |
I LIKE IT
HIGH RISK INVESTMENT
168
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Posted - 2014.03.28 16:27:00 -
[16] - Quote
TRUTH ACCEPTED |
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