Re: 10 BTC Loan Needed - Australian Registered Verified Company - 30% for 2 weeks
Unfortunately you can still default on the loan even if we know exactly who you are. Lenders don't want to go through the hassle of suing you. You're going to need to think of proper collateral.
Also that link is just a landing page.
Also that link is just a landing page.
What is acceptable collateral?
Yes I will provide corp documents to an interested lender which will show ownership.
So you won't provide a link? Incorporation documents are public knowledge.
Acceptable collateral is anything that can easily be sold for $1500.
Sorry, provide a link to what?
Ok so to secure a loan, I need to post/ship something to the lender that can be used as collateral? What if I repay and the lender fails to return the collateral?
Seems like a catch 22 no matter what, right?
But you want the lender to take ALL the risk. You're trusting enough to take their coins but that's it. Do I have that correct?