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Author Topic: long-term lending  (Read 193 times)
Acuko (OP)
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December 18, 2023, 01:36:59 AM
 #1

We opened a business with a partner, but faced an unexpected financial burden of over $12,000 due to a car accident. Attempted to approach a bank, but the offered amount doesn't meet our needs. Our business is related to sales through the WildBeriz platform, generating 8% monthly profit from the total turnover. Now, with the upcoming holiday orders, we need to expand our inventory, and for this, we are seeking an investor willing to provide a loan of 1.9 BTC at 20% for two years. Ready to comply with all terms and provide  documents upon request. Would be grateful for your consideration of our request.
But I can only provide the car as collateral. The reason why I don’t want to sell the car is because it helps a lot in delivering goods on time. For example, when delivering from a pyrotechnics factory, it takes me 14-16 hours. And if I order delivery separately, for some reason this process takes more than a week and sometimes 2.
Vod
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December 18, 2023, 03:48:56 AM
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OK, so you should state where you live, the type and year of car, mileage, any accidents, etc.   The lender is going to want to see the car in person and take control of the title during the loan.

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December 18, 2023, 04:59:38 AM
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I think you'll find any offered amount doesn't meet your needs here, either.

The car needs to be easily resold for almost a hundred thousand dollars to be collateral for a 1.9 x 1.2 BTC loan.   Undecided

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Bitcoin_Arena
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December 18, 2023, 07:37:40 PM
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The problem is this is an online platform. You don't expect someone from Australia to accept your car as collateral, and then you continue using it. Each day that passes. A car depreciates in value, perhaps that's why your local bank offer too low and amount.

On top of that, your account is brand new and has no reputation here. I don't even remember the last time a trust member here got more than 1 BTC as a loan. It's the bitter fact.

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Vod
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December 18, 2023, 08:48:43 PM
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I just wanted to explain as much as possible that my project is probably not a scam.

Projects are usually a scam if the anonymous owner wants to get a loan without collateral.

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December 19, 2023, 12:34:06 AM
 #6

Well, I’m kind of offering a car as collateral.

It does not meet the requirement for 120% of the loan value.   Sorry, I'm done here.

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AYOBA
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December 20, 2023, 11:31:04 PM
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Well, I’m kind of offering a car as collateral. And why did you decide to ignore 10 percent of the written messages about collateral. And call the project a scam. At the same time, I’m saying that I can provide a sales report to the lender for the last year. Yes, I realized that for this I ask for an unequal deposit in general. But at the same time I tried to prove that the project is not a scam. On the basis of what you decided to say that this project is a scam, can you find out please
How can everyone here,  believe you? Even those that are in high rank, They never trust them to finish talkless about you, newbie. Sorry I'm not trying to cast you, I'm also a newbie like you, but I'm startled to see a newbie ask for a loan. How will you repay the loan if it is approved? and no one knows whether you have success of income or not. We all know that the person that is giving the loan here is approving everyone, not by knowing who sought the loan because we're all anonymous, but he still hasn't been given a loan, just like till when he confirms that you have a way to pay it back, which is if you have a high rank, and the high rank beginning with full member etc.

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