Post
Topic
Board Lending
Re: Medium Loan Request - 10-15% Interest, 30-45 days, Collateral and Escrow
by
FattyMcButterpants
on 02/11/2014, 08:47:45 UTC
Can you be more specific as to what collateral you are offering? It is obviously alt coins, but can you be more specific as to what alt coin you can provide?

EDIT: @Watoshi-Dimobuto - escrow is to protect the borrower from you running away with his collateral either as soon as he gives it to you (and before you send him the loan) or after he pays you back.

I sent you a pm - certain details are confidential, but we are free to post here confirmations for public records when deals are sealed.
What is the collateral if I were to lend entire amount?

PM Sent. Verification and public disclosure to follow in case of deal being sealed.

Offer still on going.
Why does it need to be such a big secret as to what the collateral you are going to offer is? Also I see in your other thread from ~a month ago that you would not agree to have the collateral liquidated in the event the value of the collateral were to drop below the amount of the loan. This alone would be a red flag for me (even with your positive trust) as it would mean that you may not be able to repay the loan if the collateral drops in value by too much