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Author Topic: business loan needed  (Read 263 times)
Lawrenzoo (OP)
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July 22, 2019, 04:39:17 AM
 #1

Hello, i do not know if it is possible to have a loan of 3 btc for business, and i am willing to be offering the lender 5 percent of the company profit on a monthly basis for the next 3 years while i also pay the loan back in full.
suchmoon
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July 22, 2019, 11:50:28 AM
Merited by DarkDays (1)
 #2

No.
DireWolfM14
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July 22, 2019, 02:01:39 PM
 #3

Hello, i do not know if it is possible to have a loan of 3 btc for business, and i am willing to be offering the lender 5 percent of the company profit on a monthly basis for the next 3 years while i also pay the loan back in full.

That's not how cryptocurrency loans work.  Until legal and contractual gaps between crypto and fiat are closed you're not likely to get a loan with a business contract as a guarantee.  Try a bank or local "Hard-Money" loan broker.

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July 31, 2019, 04:33:11 PM
 #4

i am willing to be offering the lender 5 percent of the company profit on a monthly basis for the next 3 years

What if the company goes towards loss and earns no profit? How will you repay the loan itself then, excluding the extra profits you are offering along with it?

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