Unfortunatley I need a loan. Few Questions.

[Sagiv1]

So, first of all I am re-seller in Amazon. Made nice money from it.
Now, I am not familiar of what is needed for a loan but I need about 5-10 BTC in total.
This is for a supply of LEGO products that I sold before and I guarantee it will sell again according to it's ranking. ( For these who know a Amazon ).
So, I would appreciate if someone can guide me through the process , what documents I need and such.
Also, reffer to the guy who can borrow me this amount.

Thank you, have a good day My friends.

[cpfreeplz]

Step 1. Go to a bank. Step 2. Don't ask strangers on the internet for thousands of dollars based on good will when this is your first post.

To sum it up: lock this thread at the bottom left because it's just not going to happen unless you have enough valid collateral to cover the loan. Check out the stickies.

[KWH]

So, first of all I am re-seller in Amazon. Made nice money from it.
Now, I am not familiar of what is needed for a loan but I need about 5-10 BTC in total.
This is for a supply of LEGO products that I sold before and I guarantee it will sell again according to it's ranking. ( For these who know a Amazon ).
So, I would appreciate if someone can guide me through the process , what documents I need and such.
Also, reffer to the guy who can borrow me this amount.

Thank you, have a good day My friends.

Read the stickies.

[Sagiv1]

So, first of all I am re-seller in Amazon. Made nice money from it.
Now, I am not familiar of what is needed for a loan but I need about 5-10 BTC in total.
This is for a supply of LEGO products that I sold before and I guarantee it will sell again according to it's ranking. ( For these who know a Amazon ).
So, I would appreciate if someone can guide me through the process , what documents I need and such.
Also, reffer to the guy who can borrow me this amount.

Thank you, have a good day My friends.

Read the stickies.

Do I need to have cryptocurrencies worry of the loan I need ? How does it helps me ?

[Patatas]

Do I need to have cryptocurrencies worry of the loan I need ? How does it helps me ?

No,to sum it up
1.Depends on the lender if they're willing to accept the altcoins.And yes,the collateral amount should be 120% of the loan amount asked.
2.No documents/No accounts can be held as a solid collateral.Only goods which have a resell value in case you default the loan are accepted by the lenders.

[Sagiv1]

Do I need to have cryptocurrencies worry of the loan I need ? How does it helps me ?

No,to sum it up
1.Depends on the lender if they're willing to accept the altcoins.And yes,the collateral amount should be 120% of the loan amount asked.
2.No documents/No accounts can be held as a solid collateral.Only goods which have a resell value in case you default the loan are accepted by the lenders.

But if I have 120% of the amount I need for My business, I would not need to loan from you.

[Patatas]

But if I have 120% of the amount I need for My business, I would not need to loan from you.

Not amount,it could be anything which has a resale value.For example,you might have a precious stone which is worth a few dollars in the market and you wouldn't sell it under any circumstances.Suppose if you need to loan some money,you can always give them the stone as a collateral as a assurance that you will pay the loan and if not the lender can sell the stone.Now lender isn't intersted in your stone but it's just for his safety.
(I'm bad at giving examples)

[zazarb]

Do I need to have cryptocurrencies worry of the loan I need ? How does it helps me ?

No,to sum it up
1.Depends on the lender if they're willing to accept the altcoins.And yes,the collateral amount should be 120% of the loan amount asked.
2.No documents/No accounts can be held as a solid collateral.Only goods which have a resell value in case you default the loan are accepted by the lenders.

But if I have 120% of the amount I need for My business, I would not need to loan from you.

simple , example some time ago you bought bunch altcoin (let it be dogecoin at price 35sat)with predictions that price will rise up 40sat, but price fail (curently 26sat)and It remains  to wait in the hope that it will come back to the previous range.
So due to lack of money  you can use own dogecoin  as collateral to take loan.

[ThatRandom8543]

Instead of coming here asking for a loan, why not use a bank or a merchant cash advance such as kabbage?

[knightkon]

If you can provide crypto currencies worth 103% the value of the loan, I can fund this loan for you at high interest.  There is no one on here that will give you a loan for this much with no collateral and the fact that you are a newbie.  Let me know if interested.