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Author Topic: Looking for a fiat business loan, 10% interest in 6 months  (Read 253 times)
amazonclothes (OP)
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November 12, 2019, 05:27:01 PM
 #1

I'm looking for a loan of 25k USD for my clothes store in Manaus, Brazil to buy merchandise. I can offer a plot of land (valued around 18k) and Fiat Doblo Adventure 1.8 as collateral. I can even wear ankle bracelet if you wish Smiley
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November 12, 2019, 05:31:49 PM
Last edit: November 12, 2019, 05:58:14 PM by DireWolfM14
 #2

I can even wear ankle bracelet if you wish Smiley

Kinky.

If you have property you're better off going to a bank.  Most lenders here aren't in Brazil, so going to go through all the procedures and expenses of securing your property for a loan is impractical.  

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November 12, 2019, 05:43:04 PM
 #3

I'm looking for a loan of 25k USD for my clothes store in Manaus, Brazil to buy merchandise. I can offer a plot of land (valued around 18k) and Fiat Doblo Adventure 1.8 as collateral. I can even wear ankle bracelet if you wish Smiley

You should check your local banks and pawn shops for a loan, especially if it's in fiat.
Physical collateral(s) it's difficult to be secured from people (lenders) outside your region/ country. Not to mention that their value is not quite objectively...

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November 12, 2019, 06:47:45 PM
 #4

If you have property you're better off going to a bank.  Most lenders here aren't in Brazil, so going to go through all the procedures and expenses of securing your property for a loan is impractical.  

That'll be hard for him to do since he's going to have to turn $20k in assets into $25k with the bank.



That sounds like a lot of clothes for 25k, how are you going to sell it all in a few months since you haven't already managed to do that? Do you have a fully costed spreadsheet for any bank/lender to look at, you might want to make one.
DayTrader27
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November 13, 2019, 07:56:55 AM
 #5

I'm looking for a loan of 25k USD for my clothes store in Manaus, Brazil to buy merchandise. I can offer a plot of land (valued around 18k) and Fiat Doblo Adventure 1.8 as collateral. I can even wear ankle bracelet if you wish Smiley
Your collateral is worth 20 grand, so I'd ask for 15 thousand at the most.
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November 14, 2019, 05:59:31 PM
 #6

I lost access to my account, so I created a new one. All right, let it be 15k. Anyway here I uploaded the spreadsheet https://file.io/bXQv59
Monthly profit over the period is some 10.9k BRL (2.6k USD).
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November 14, 2019, 07:32:50 PM
 #7

I lost access to my account, so I created a new one.

And you manage to get a negative already?

All right, let it be 15k. Anyway here I uploaded the spreadsheet https://file.io/bXQv59

From whom you are asking? Don't you read with your previous account what we said to you? Without proper collateral you wont get anything.

Monthly profit over the period is some 10.9k BRL (2.6k USD).

Said by you...

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jackg
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November 14, 2019, 07:37:54 PM
 #8

5heblink to the spreadsheet you uploaded also doesn't work. How did you lose access to the other account?

Just apply for a loan where you are...
amazonclothes2
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November 14, 2019, 07:43:04 PM
 #9

All right, will do
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November 15, 2019, 10:59:21 PM
 #10

For some reason banks here give loans to long term clients only, even if there is a collateral.  Sad
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December 05, 2019, 10:25:00 PM
 #11

I almost took you seriously until I saw that ankle bracelet comment. Which is a clear giveaway to your legitimacy.. (that doesn't exist)

Also, if you have a real estate property worth 18k then no bank or sane lender would give you a 25k loan. The maximum you could get is about 80% of your collateral's value, and that too if you have an immaculate credit score. I am sure Brazillian banks work with the same localized principal of credit scores.

Anyways, I know that anything I say to guys like you is equivalent to talking to the wall, so, yeah consider this request and lock this thread.


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