WANT $75,000 BUSINESS LOAN

[nolo200]

Wanted:
2,550 BTC Loan to start a business.  Loan is for renting space, purchasing equipment, and other start-up costs.  Loan payment terms will need to be discussed.  The business should be profitable within 6-8 months, and be able to start paying the loan.

Serious inquiries only please.

[danieldaniel]

Hah.  This made me laugh.

[nebulus]

lol

[KWH]

Wanted:
13,500 BTC Loan to start manufacturing business.  Loan is for purchasing land with building and other start-up costs in USD and BTC.  Loan payment terms will need to be discussed.  The business should be profitable by August 2013, and able to have paid a good portion of the loan.  I'd also trade a percentage of the company in return for the loan.  I'm willing to meet in person to discuss this.  

Serious inquiries only please.

                                                             

[Tomatocage]

Dank? Is that you?

[nolo200]

No its not Dank.  I'm serious.  Not looking for a handout.

[nolo200]

gweedo:  I'd go up to 30%.  Business will be able to pull in $250k profit per year after it's all good.

[KWH]

gweedo:  I'd go up to 30%.  Business will be able to pull in $250k profit per year after it's all good.

Then a conventional bank loan should be a snap.

[nolo200]

I don't trust banks.  I trust the right people.  Also, I doubt I would be able to secure a bank loan for this particular project of mine.

[Jutarul]

The only way you gonna get a BTC loan is if the business is immune to currency risk, i.e. if it can generate something which has a constant X:BTC ratio.

[BurtW]

I don't trust banks.  I trust the right people.  Also, I doubt I would be able to secure a bank loan for this particular project of mine.

Guess:  growing pot.

[21after2]

For one, I doubt any single lender either has or is willing to lend an amount as large as BTC13,500 (which is over $300,000). For another, you're going to have to provide more than you're offering to potential lenders before they invest (which is really what this probably is). For example: what kind of guarantee do you have that your business will be profitable in six months? Do you have a business plan put together? If not, can you create one that can convince lenders to support your business? If you're secretive about your project, people are not going to risk their money on it.

[Bowjob]

You are offering 30% for 13,500 BTC which means you value your company at 45000 BTC.  How much money have you put into this project?

[Vod]

I don't trust banks. 

Why?  They make you pay the money back?   

[nolo200]

For one, I doubt any single lender either has or is willing to lend an amount as large as BTC13,500 (which is over $300,000). For another, you're going to have to provide more than you're offering to potential lenders before they invest (which is really what this probably is). For example: what kind of guarantee do you have that your business will be profitable in six months? Do you have a business plan put together? If not, can you create one that can convince lenders to support your business? If you're secretive about your project, people are not going to risk their money on it.

I have and can provide a business plan to anyone serious that has the cash.

And, I know the business can be profitable in 6 months.  I will be able to provide a far superior product at the same price as the current competition.  I think this could be easily justified in my business plan.

[nolo200]

I don't trust banks. 

Why?  They make you pay the money back?   

LOL.

[🏰 TradeFortress 🏰]

-.-

You probably want to lock this thread and move it to Archival.

[BurtW]

-.-

You probably want to lock this thread and move it to Archival.

Not yet.

Where do you live?  In the US?  If so in what state?

[danieldaniel]

I don't trust banks. 

Why?  They make you pay the money back?   

LOL.

Not sure if you're actually expecting to get this, but I'll assume you are.

Nobody here is going to spend over 300k to someone who has 90 posts, little-to-no reputation, and nothing to show for it.

The person that posted about why you don't trust the banks was right: You don't intend to pay this loan back, so why would you go to a bank?

If you're serious about this loan, go to a bank.  Otherwise, go away.

[John (John K.)]

Are you ridgemont4 too? 

PS: Just go to the bank. Don't turn to us just because we cannot make you pay back like banks does. Anyone sane enough to undertake this loan needs to have collateral in his hands before even thinking of doing so.