Re: Business Investment 2.43BTC

As a last resort;

I am happy to do the following;

Loan Amount: 2.43 BTC or £20,000 depending on current value.
Repayment: £1,800 per month or £1,000 per week.
Bitcoin Address: 19r7vaHwT839qaEkrdx2Fvnw9YvUhHLHcm
Number of days: 12 Weeks £2,000 per week return.
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 problem is, the spray booth isn't valid collateral, as you would have to give it to the lending party to hold whilst you repay the loan. However, I'm pretty sure you actually need the spray booth for your business, hence it cannot be used as collateral.

Thats true Parodium, Plus the cost of moving a spraybooth is around £2,500 and the same to reinstall it.

I dont think that I've got any other collateral which I could use.

You could probably get a loan from the bank if you've tried them?
If you have the earnings you say you have, they'll be fairly happy to lend to you (other than the fact that you're self employed).

Also, what's your company number, I might consider investing half or a quarter if someone else can come up with something as well.

Hi Jackg,

Yes tried with a few banks and also asset finance companies. Shown them the profits the companys making per week but they all base it off a credit rating rather than proof of income.

Company number is; 10544504

Thank you for your offer for half/quarter hopefully someone else will be interested investing the other percent.