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Alikiwi
Space Emperor
Joined: May 09, 2007
Location: Tasmania
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 Posted: Thu Jul 03, 2008 12:58 pm Post subject: Bridging Loan |
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Manager, Bank of SJ.
House Hermes is wondering if you can provide some sort of short term bridging loan with repayments over a 5 month period? Due to the rapid expansion of production at our shipyards to counter the enemy in the western frontier, and the total collapse of trade from other Empires, we have seen a large increase in expenses whilst suffering (as others have) a drastic reduction in resources.
Whilst orders are being issued to build new mining and extraction facilities it will take a few months for these to produce returns. Therefore we are seeking a modest loan to allow purchases to be completed, and ensure a smooth flow at our shipyards.
The loan we seek would be for:- 20,000 min., 10,000 organics and 10,000 rads. Repayments over at least a 5 month period would be ideal.
We look forward to hearing from you at your earliest convience.
Sl Alikiwi, House Hermes
Venturing into the unknown
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SuicideJunkie
Leaky Guru
Joined: May 28, 2005
Location: Canada!
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| Posted: Mon Jul 07, 2008 2:08 am Post subject: |
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Sorry for the delay, I was on a business trip and out of contact the last few days.
I can certainly get you 10k organics, at 0.25% interest monthly.
Radioactives are in shorter supply, so I am afraid I will have to charge 0.75% on that.
Your minerals request is significantly beyond our stated limit, and we will have to reduce that amount. Would it be possible to work with a smaller amount for a longer time period?
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Alikiwi
Space Emperor
Joined: May 09, 2007
Location: Tasmania
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| Posted: Mon Jul 07, 2008 2:16 am Post subject: |
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Thats OK, I was on tour (again) for a couple of days myself. Certainly we could work with a lesser amount over a long period with minerals. I have ordered new production facilities, but these will take awhile to start producing.
Let me know what you can provide and we will take it from there. Thank you for your efforts sir.
SL Alikiwi House Hermes Financial Division.
Venturing into the unknown
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SuicideJunkie
Leaky Guru
Joined: May 28, 2005
Location: Canada!
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| Posted: Mon Jul 07, 2008 10:13 pm Post subject: |
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Would 10k @ 0.5% for 10-15 turns for the minerals be ok?
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Alikiwi
Space Emperor
Joined: May 09, 2007
Location: Tasmania
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| Posted: Mon Jul 07, 2008 11:06 pm Post subject: |
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Yes that would be acceptable thank you Sir.
Venturing into the unknown
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SuicideJunkie
Leaky Guru
Joined: May 28, 2005
Location: Canada!
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| Posted: Tue Jul 08, 2008 10:25 pm Post subject: |
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What specific duration would you like?
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Alikiwi
Space Emperor
Joined: May 09, 2007
Location: Tasmania
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| Posted: Tue Jul 08, 2008 11:24 pm Post subject: |
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Make it 15. I presume there is no penalty if I end up paying it out earlier?
Venturing into the unknown
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SuicideJunkie
Leaky Guru
Joined: May 28, 2005
Location: Canada!
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| Posted: Wed Jul 09, 2008 9:11 pm Post subject: |
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Not at this time.
So:
10k orgs @ %0.25 /mo for 5 months
10k rads @ %0.75 /mo for 5 months
10k mins @ %0.50 /mo for 15 months
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Alikiwi
Space Emperor
Joined: May 09, 2007
Location: Tasmania
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| Posted: Wed Jul 09, 2008 9:34 pm Post subject: |
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That arrangement would be satisfactory.
Venturing into the unknown
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SuicideJunkie
Leaky Guru
Joined: May 28, 2005
Location: Canada!
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| Posted: Wed Jul 09, 2008 11:09 pm Post subject: |
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Excellent. Just sign here and here, and initial there.
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Alikiwi
Space Emperor
Joined: May 09, 2007
Location: Tasmania
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| Posted: Thu Jul 10, 2008 2:58 am Post subject: |
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Signed,
Signed,
and initalled.
Thank you for your efficency.
SL Alikiwi, House Hermes
Venturing into the unknown
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