Quote from: Grantuk85 on January 18, 2018, 11:45:12 AM

Good Morning,

First of all I am new but please don't let this put you off.

Let me start with the amount and return.

Contact: Sales@primednready.co.uk

Loan Amount: 2.43 BTC or £20,000 depending on current value.
Repayment: 5% Per Month
Bitcoin Address: Will update when home - Currently on works PC.
Number of days: 12 Months or 24 Weeks
Collateral offered: Spray booth valued at £28,000 and 49% Share in business to be bought back after the loan has been repaid.
Purpose: Business Assets

The business has been trading since the start of 2017, in Liverpool (UK). Turn over per month is around £50,000 (Bank Statements can be provided)

The reason I am asking for this Loan is I've got a new contract with the NHS repairing the fleet vehicles with a minimum of 4 per week taking on this contract I've needed to buy a new Spraybooth and a few more bits of equipment. In total it will be £40,000 investment but I am currently short half which is what the loan will be for.

I've tried to get a loan with the Bank but they are unable to lend to myself, as I've not got a very good credit rating. I am currently in talks with an Angel Investor but the process is taking longer than I've got to secure the funds if the angel investor decides to invest I will be willing to pay the Loan back straight away plus any interest. If not then I would be happy to pay back over 12 months or 24 weeks I will also guarantee if Bitcoin falls below the amount at which the loan was taken that the current rate will be paid back.

The contract is to start on the 29th Jan 2018 so would need someone in the United Kingdom pref the North West. Happy to accept from other countries but with the type of Loan I do not think it would be the right type of loan for someone to invest.

Any questions or if I've missed anything out, please feel free to ask.

The business shares would be useless since they have no value (if its a public company that *might* be different but since youre in talks with an angel investor, it does show your business isnt public), and no one wants to go after you personally if you go out of business after getting the loan. Cost to much money. A spray booth, like you said, would have to be done locally, but why come here exactly? If you need a loan so badly, why not talk to an investor about doing a venture debt?