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Author |
Thread Statistics | Show CCP posts - 1 post(s) |
Clyde Frogg
State War Academy Caldari State
0
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Posted - 2014.07.03 19:35:00 -
[1] - Quote
Hello,
New to this whole loan thing so I'm trying to get rolling. I'm seeking a 1 bil loan at 7% interest for 1 month to establish some credit.
What I do: There are certain commodities (blueprints, limited edition items) that are sold through contracts that can be very profitable. I invest in these commodities.
What I need this loan for Investing in specific commodities. Establishing a line of credit for the future.
How I will pay this loan back If my speculation is wrong I will liquidate other long term commodities to repay
Minimum of 500 mil please, don't want to be keeping track of too much info right now. If you decide to invest with me please post in this thread. |
Rykker Bow
The Mjolnir Bloc
150
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Posted - 2014.07.03 20:29:00 -
[2] - Quote
Unfortunately jumping into the loan arena doesn't work out well for most. It takes quite a bit of research of seeing what works and what doesn't, especially for a first time loan.
Some things that don't work are: limited business prospectus, first time poster in MD with an alt, an initial offering in the 1b or higher range. There are some unsavory characters in eve (*Gasp!) that may just grab the isk and run and both the need to invest a lot of time to get to any meaningful theft range and the use of main characters tends to reduce the typical theft attempts.
Investing time towards your business/outlines, investing time and effort into your prospectus, the time put into building a solid reputation for honesty and being a contributor in the forums are all things you should aim for if you're looking to get into the uncolateralized loan side of the game
edit: I will say it's gotten much harder to get uncolateralized loans now that audits are no longer common place. It's a shame too as this part of the meta game is quite fun and challenging. |
Clyde Frogg
State War Academy Caldari State
0
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Posted - 2014.07.03 20:45:00 -
[3] - Quote
Rykker Bow wrote:Unfortunately jumping into the loan arena doesn't work out well for most. It takes quite a bit of research of seeing what works and what doesn't, especially for a first time loan.
Some things that don't work are: limited business prospectus, first time poster in MD with an alt, an initial offering in the 1b or higher range. There are some unsavory characters in eve (*Gasp!) that may just grab the isk and run and both the need to invest a lot of time to get to any meaningful theft range and the use of main characters tends to reduce the typical theft attempts.
Investing time towards your business/outlines, investing time and effort into your prospectus, the time put into building a solid reputation for honesty and being a contributor in the forums are all things you should aim for if you're looking to get into the uncolateralized loan side of the game
edit: I will say it's gotten much harder to get uncolateralized loans now that audits are no longer common place. It's a shame too as this part of the meta game is quite fun and challenging.
Fair enough. I did a bit of research looking through the forums before posting but I can see what you mean. I posted on this character since this is the character I do my trading on, and honestly I am on this character more than any other anyway.
As for showing more of the whole business outline, the way I make money depends on niche markets that most people don't think about so clearly I don't want to give away everything. How do you straddle that line? |
Rykker Bow
The Mjolnir Bloc
150
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Posted - 2014.07.03 20:56:00 -
[4] - Quote
Clyde Frogg wrote:
As for showing more of the whole business outline, the way I make money depends on niche markets that most people don't think about so clearly I don't want to give away everything. How do you straddle that line?
Shine it up a bit, remember that you're doing an elevator pitch here. You've got just a couple of paragraphs to sell yourself to potential investors all the while walking a tightrope with trolls throwing things at you.
One of my last bonds
Don't try to copy paste it obviously, last guy who did that with one of my outlines was called out pretty quickly.
The best way IMO to get uncolateralized loans is as I said above: invests time. The people looking to get a quick buck are looking for just that, a QUICK buck. They don't want to plot and scheme for a long payout, they want the isk fast. Contribute to the community and make contacts. Offer advice and do background checks on those putting up loan requests, calling out red flags that the community should know. The longer you're active in MD, the more background info we have to do our own background checks on you. As it is we know nothing about you.
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Antihrist Pripravnik
T-AFK and counting
444
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Posted - 2014.07.03 22:00:00 -
[5] - Quote
I'd be happy to fill full 1 bil for 5% interest, if you have some collateral. Please, take a look at the thread linked in my forum signature 1 bil-30 days-5% loan available - collateral required: https://forums.eveonline.com/default.aspx?g=posts&t=352279 |
Zero Sum Gain
FREEEEEEEEEEEEEEEEDOOOOOOOOM Silent Requiem
45
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Posted - 2014.07.04 01:04:00 -
[6] - Quote
Pinky swear you aren't an old unused alt you figured you'd scam some risk with cause it's old? |
Elizabeth Norn
Nornir Research
362
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Posted - 2014.07.04 03:53:00 -
[7] - Quote
You don't look very active on contracts, although we cannot see private ones of course.
http://imgur.com/0AorkmX http://evelocal.com/p/clyde%20frogg .
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Clyde Frogg
State War Academy Caldari State
0
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Posted - 2014.07.04 06:40:00 -
[8] - Quote
Antihrist Pripravnik wrote:I'd be happy to fill full 1 bil for 5% interest, if you have some collateral. Please, take a look at the thread linked in my forum signature
I'm out of town for a few days but when I get back I'll see if we can work something out. I'd rather not put up collateral as pretty much every thing I have is tied up in what I'm trading but I realize it's probably necessary at this point |
Clyde Frogg
State War Academy Caldari State
1
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Posted - 2014.07.07 21:17:00 -
[9] - Quote
True, I'm new to the contract market but the content of those contracts as well as the amount of buy orders are telling. Either way I'm willing to do collateral at this point.
Antihirist I'll contact you in game when I get home from work today. |
Elizabeth Norn
Nornir Research
370
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Posted - 2014.07.08 05:50:00 -
[10] - Quote
To me it looks like you started a few accounts with the Humble EVE Bundle, sold the free cerebral accelerators, bought and sold a couple more, then did nothing else. .
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Clyde Frogg
State War Academy Caldari State
2
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Posted - 2014.07.08 13:31:00 -
[11] - Quote
State War Academy [SWA] Member for 3 years, 1 month, 13 days
I sold 1 and have bought over 13 now... |
Elizabeth Norn
Nornir Research
370
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Posted - 2014.07.08 13:46:00 -
[12] - Quote
Ah, my mistake, I thought that you had filled most of the want to buys, rather than issued them. .
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Taram Caldar
Royal Black Watch Highlanders Mordus Angels
37
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Posted - 2014.07.10 14:23:00 -
[13] - Quote
I don't trade, simply ask anyone and they'll tell you. What I do is invest in those that do.
Send me an evemail with 1) Full API key for this account 2) Brief rundown on how you plan to make isk to pay me back
Once I go over the information and do a basic audit I'll fill your loan at 8% / month interest if it looks legit.
"No bastard ever won a war by dying for his country.-á He won it by making the other poor dumb bastard die for his country." |
L4V4
H4LP
8
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Posted - 2014.07.14 07:33:00 -
[14] - Quote
Seems he initially was asking for a minimum of 1b, then edited his post to make it 500m.. fine fine.. but then he had to go and say "EDIT: Found a typo"...
Don't trust liers. |
L4V4
H4LP
8
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Posted - 2014.07.14 07:34:00 -
[15] - Quote
THREAD CLOSED |
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ISD Ezwal
ISD Community Communications Liaisons
1868
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Posted - 2014.07.14 12:52:00 -
[16] - Quote
I have removed a rule breaking post.
The Rules: 5. Trolling is prohibited.
Trolling is a defined as a post that is deliberately designed for the purpose of angering and insulting other players in an attempt to incite retaliation or an emotional response. Posts of this nature are disruptive, often abusive and do not contribute to the sense of community that CCP promote. ISD Ezwal Captain Community Communication Liaisons (CCLs) Interstellar Services Department |
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Taram Caldar
Royal Black Watch Highlanders Mordus Angels
37
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Posted - 2014.07.14 16:27:00 -
[17] - Quote
Well, I offered to fill his loan but he apparently isn't willing to give an API thus he's not worth the risk.
"No bastard ever won a war by dying for his country.-á He won it by making the other poor dumb bastard die for his country." |
Elizabeth Norn
Nornir Research
374
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Posted - 2014.07.15 14:41:00 -
[18] - Quote
Taram Caldar wrote:Well, I offered to fill his loan but he apparently isn't willing to give an API thus he's not worth the risk.
Has he done any more trades on contracts? I can't check at the moment. .
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