150BTC Loan for 4 days | Bitcointalksearch.org

Fiyasko

legendary

Activity: 1428

Merit: 1001

Okey Dokey Lokey

Quote from: VJain on August 22, 2013, 11:27:47 AM

Quote from: Vod on August 22, 2013, 11:15:26 AM

Coinlenders is your only choice since you have collateral with them.

I wanted to add that putting payroll money in a place you can easily lose it at any time is idiotic.
Do your employees know you are gambling with their money?

It's my Personal money which I am "gambling" with. I do not have access to company funds, nor would I ever take funds from the company to do so.

I am looking at providing a 0% interest loan to the company.

EDIT: I am also not even the owner, just someone who has a stake in seeing the company succeed.

Message removed :3

Deprived

hero member

Activity: 532

Merit: 500

Have you PMed TradeFortress? Would have thought he'd jump at the offer as he holds more funds of yours than you need.

If, for some reason (e.g. all his funds tied up) he can't/won't give you the loan but is willing to lock one of your large CDs as collateral then I could do the loan. I wouldn't need to see documents (as there'd be collateral) and I assume you don't need proof I have 150 BTC.

EDIT: To be clear I have zero interest in (or intention of) lending without locked-down collateral.

VJain

sr. member

Activity: 305

Merit: 250

It's my Personal money which I am "gambling" with. I do not have access to company funds, nor would I ever take funds from the company to do so.

I am looking at providing a 0% interest loan to the company.

EDIT: I am also not even the owner, just someone who has a stake in seeing the company succeed.

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

Coinlenders is your only choice since you have collateral with them.

I wanted to add that putting payroll money in a place you can easily lose it at any time is idiotic. Do your employees know you are gambling with their money?

Caesium

hero member

Activity: 546

Merit: 500

Is TradeFortress willing to facilitate the account locking and essentially act as escrow/collateral holder for this?

VJain

sr. member

Activity: 305

Merit: 250

One of my clients didn't follow through with payment, and I am in urgent need of money to fill Payroll for tomorrow.

All of my easily accessibly BTC is tied up in CoinLenders (see picture - http://imgur.com/9WGRHGO - I have 406 BTC freed up by 26th of August, 2013)

I have already contacted CoinLenders to see if anything can be worked out for a 4 day loan, but in case that does not follow through I am looking for alternatives.

I am willing to pay 3% for this 4 day loan and would be willing to have my CoinLenders account LOCKED till the money is paid back (would require CoinLenders to allow me to pay back 154.5 BTC to the lending party).

If you are interested and can prove you would be able to finance this loan, I will send all required documents - Passport, Drivers License, etc.

Thank You,
Varun Jain

Topic: 150BTC Loan for 4 days (Read 694 times)