Author

Topic: business loan needed (Read 275 times)

sr. member
Activity: 1035
Merit: 200
July 31, 2019, 12:33:11 PM
#4
i am willing to be offering the lender 5 percent of the company profit on a monthly basis for the next 3 years

What if the company goes towards loss and earns no profit? How will you repay the loan itself then, excluding the extra profits you are offering along with it?
copper member
Activity: 2296
Merit: 4460
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July 22, 2019, 10:01:39 AM
#3
Hello, i do not know if it is possible to have a loan of 3 btc for business, and i am willing to be offering the lender 5 percent of the company profit on a monthly basis for the next 3 years while i also pay the loan back in full.

That's not how cryptocurrency loans work.  Until legal and contractual gaps between crypto and fiat are closed you're not likely to get a loan with a business contract as a guarantee.  Try a bank or local "Hard-Money" loan broker.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
July 22, 2019, 07:50:28 AM
#2
No.
jr. member
Activity: 378
Merit: 2
July 22, 2019, 12:39:17 AM
#1
Hello, i do not know if it is possible to have a loan of 3 btc for business, and i am willing to be offering the lender 5 percent of the company profit on a monthly basis for the next 3 years while i also pay the loan back in full.
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