Quote from: jambola2 on January 24, 2018, 09:24:46 AM

Some things are unclear, like this:

Quote

Loan Amount: 2.43 BTC or £20,000 depending on current value.

Does this mean you will only pay back £20,000 regardless of how BTC's price changes? If so it might be a bad idea.
Otherwise, does it mean you are willing to pay a larger amount if BTC's price increases?

But other than this, the concern raised by others still stands.
Websites like BTCJam tried to establish trust in users by requiring identity verification, and prior trust and everything, but it generally tended to be a bad idea without actual collateral.
Even if you could actually prove without a shred of a doubt that you had a business as you stated, there's no reason to believe you wouldn't run away with the money, which is an issue.

Furthermore... it has been about a week since you posted this... and with an actual monthly profit of £50,000, you should already have £12,500 of the £20,000 you wanted..... If your numbers aren't bogus, maybe you should just wait a few more days and you'll be able to afford everything Roll Eyes

Sorry, Will be borrowing £20,000 for 12 weeks paying back £2,000 a week works out at £24,000 or if its in BTC value would be borrowing 2.61 at this current value adding 20% for interest. (If the price of BTC drops inbetween lending and paying back I will pay it back at the rate it was borrowed if its goes up I will pay the current rate on that day.

I've tried on BTCJam but they are closing and currently awaiting verification on BTCPOP to apply for a business loan.

The turnover per month is £50,000 the profit ranges from 9k per month to 12k per month. As December was a busy time of year due to the accidents with the ice/snow in the north west.

I do have £20,000 saved which will be put with the loan to buy the equipment.

http://prntscr.com/i4tw50 Screenshot of the Decembers paying in/paying out.