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Loan Purpose
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We are starting a new vapor store selling eliquid and ecigarettes. We have everything ready, and we are opening on October 6th 2014. We have rent/utilities/insurance covered indefinitely, even if sales are slow. What we need crowd funding for, is operating capital for buying a sign, and making a few more small improvements. The sign is critical.
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Security & Contingency Plan
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We own real estate that pays all of our month to month bills. We won't have any problem keeping this business going during the beginning phases until it is profitable. If we need to pull some money out of our real estate we can at anytime. However it makes $2150 gross per month or $1700 net (and it is for sale, and we can accept coin)
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Q&A
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- What is the primary purpose of this loan?
We are getting some finishing touches done to our store, including a backlit channel lettering sign for the top of the building.
We are opening on October 6th 2014
-How long do you need the loan?
This loan will be repaid in 90 days.
- Why is the price linked to USD?
I don't mean to break bitcoin loyalty or anything, but I think that the USD poses a more steady value to be held for a longer term loan like this.
- Do you have contact information?
I have my profile linked to my sellers accounts and my social media accounts. You are encourage to do your due diligence and see my stellar reputation for yourself. My bitcointalk, and my BTCJam user ID is: SLU2
If you would like to see the store for yourself, our address is 4100 Yellowstone Ave. Suite B, Pocatello Idaho 83202
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Payment Terms
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I will repay the loan as per the payment plan that BTCJam.com designs when the loan is created.
This is what BTCJam has setup for the repayment
Loan Calculator
Amount
$5000 USD -- approximately ฿13.14643 (may be more or less depending on the price of BTC)
Number of payments
3
Payments of
5.08285647
This is a short term 90 day loan. I have reserves for our business to operate, and I have rent/utilities/insurance all covered indefinitely. I just need a little operating capital while we get this place going in the right direction from the start.
Ref:
Loan offering;
https://www.btcjam.com/listings/24011-operating-capital-for-a-new-profitable-retail-store--Pitch Video;
https://www.youtube.com/watch?v=oH5-z8QVjscThis is the sign that we are getting built. It's black acrylic and its backlit.
http://www.clovisstar.com/wp-content/uploads/2014/09/clovisstar_Sign.pngThis is the graphical mockup of what the sign will look like.
http://www.clovisstar.com/wp-content/uploads/2014/09/CLOVISSTAR.gifMy BTCJam user is the same as Bitcointalk; SLU2
