Quote from: bhadz on March 04, 2018, 08:04:53 PM

Your loan could be granted if you are applying for someone here in forum that you can meet personally to obtain those miners. But if you are referring to a banking loan and you'll use those miners as collateral, it would be very difficult for you. There are standards that has been set for them to grant someone's loan even the manager has knowledge with mining or cryptocurrency, he can't accept that easily. They have set protocols on what are the do's and don'ts for collateral. But if there's a bank that allows it to happen, that bank is certainly supporting crypto and their management is knowledgeable about it. Don't you have any other assets that you can use as collateral like car or house? but I guess you are only asking and you are not in dire situation.

I'm not in dire need. We currently have funds for the equipment. We are looking for alternatives to the funding we already have. It is not necessary for us to use the miners as collateral, it was just a thought. We do have other assets that can be used as collateral. I mostly would like to find a lending institution that is open to working with a crytocurrency business. Therefore non-traditional financing.