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Topic: Need 1,000 or so Bitcoins to finance 121 kW solar farm - page 2. (Read 6869 times)

2D
member
Activity: 76
Merit: 10
Generally speaking, taking out a BTC loan to pay for items in fiat money is an exceedingly bad idea. Even a small fluctuation in the wrong direction will send the debt you owe spiraling out of control. Your best bet is to secure your funds through traditional methods.
hero member
Activity: 938
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
Are you planning to break this up into several smaller loans?  Or are you looking for one big lump sum?
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
There's a long-term loans section of the forum that may be better suited: https://bitcointalk.org/index.php?board=88.0.
vip
Activity: 1316
Merit: 1043
👻
No, I am not Dank.

See www.510nano.com.

Where did you get the layout for your site?  I like the design.
I also like their pro 1337 apache skillz: http://www.510nano.com/static-images/
donator
Activity: 1057
Merit: 1021
No, I am not Dank.

See www.510nano.com.

Where did you get the layout for your site?  I like the design.
newbie
Activity: 24
Merit: 0
Data rooms are common for project developers as a repository of information on a project.  For this project, the information is a dropbox file.
We are who we are, no more, no less.

Back on topic.
We believed that it would strategic to build a bitcoin financed facility.
  1) USD hedge against bitcoin market fluctuation
  2) good press on bitcoins financing solar energy
  3) help to a small solar business
  4) investment to pay down vendors against a revenue generating facility (in three weeks)
  etc.

We would be able to pay the lender back in USD based on a loan of about $120K or so.
Collateral is the facility itself.

Thank you for your interest.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
Well you talk about a data room in a facility, you say you employ a "chief" Physicist (implying you have more than one) and you post things that make you appear to be a rather large company.

I guess anyone can appear to be bigger than they really are on the internet.
newbie
Activity: 24
Merit: 0
We are a small shop.
We do not want to spend too much on overhead costs.
Is using DC offices a negative for a facility that is built in Los Gatos, California?
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
newbie
Activity: 24
Merit: 0
No, I am not Dank.

See www.510nano.com.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
Dank, is that you? 
newbie
Activity: 24
Merit: 0
Thank you, very much.

I am the President of 510nano, a renewable energy firm.
My Chief Physicist turned me onto bitcoins.
He's been mining for two years now and thought that bitcoin financing would be great for this project.
For interested investors, I will give them access to the data room for the facility.
The first revenue contract is with Los Gatos, CA.
It is a 20 year contract and pays out at about $45,000 per year.
If you are in the area, I can direct you to the facility for your personal investigation.
The project will be placed into service in about two weeks.
All of the panels are on the rooftop, we are just finishing up wiring now.

In short, source of repayment is the revenue contract which is large enough to support the financing.
We have been in business since 2005, initially building new technology.
Albeit, this project uses commercial off-the-shelf technology.
Please let me know if there are other factoids that will be helpful.

Again, thank you for the feedback.
legendary
Activity: 1834
Merit: 1020
I am a newbie and would like any feedback.  I have looked through the threads and have seen things all over the place.
If there are things that work better than others, let me know.  Thanks.

Don't ask for a 1,000 BTC loan (>$100,000 USD) as a newbie.  Nobody will take you seriously especially given the extreme lack of detail provided in your request.

1)  Build up your reputation by successfully completing numerous transactions and compiling your positive feedback.

or...

2)  Make a better "elevator" pitch, but forget the elevator.  You need to come at us with detail.  Convince us without a doubt that you have a means of paying back the loan within the given time frame, and with a loan this size, be transparent about your identity.  People will want to know -- also without a doubt -- that they will be able to track you and find you if you fail to repay.

Edit:  Better yet, just imagine what it would take to convince you to give me a 1,000 BTC loan.  I am "the joint" and you know nothing about me.
sr. member
Activity: 364
Merit: 250
Bitcoin Loans for real money over several years are crazy. Bitcoins could be worth $0 or $100.000 a BTC by then.
Better have the loan be in dollars / bound to the dollar value (payments can be in BTC though)
newbie
Activity: 24
Merit: 0
I am a newbie and would like any feedback.  I have looked through the threads and have seen things all over the place.
If there are things that work better than others, let me know.  Thanks.
legendary
Activity: 1428
Merit: 1001
Okey Dokey Lokey
K....... good luck with that loan
newbie
Activity: 24
Merit: 0
I am completing a solar farm in Silicon Valley.
The facility is selling electricity to the municipality.
I need about 1,000 bitcoins to help me completely pay off vendors.
Loan is for five years (four years possible).
I would be very interested in having built a bitcoin financed solar farm.
I am in the process of putting it in BTC Jam if there is any interest.
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