Post by cornwal on Nov 14, 2016 15:32:49 GMT
Hello,I own a small business based in France. I own a Paypal account held in €,but Paypal working capital has not launched here.
(It is lending based on the volume of your account,you repay only when you are selling: Paypal keeps a portion of any amount a customer sends to you).
Having heard that some companies allow you to submit loans without anymore hassle than giving access to your Paypal and/or eBay accounts for them to check your reputation and lack of incidents,also checking of course your identity,I found only one with an address in the EU,and serving France among other countries,called B...... (I am not sure at this time if being more explicit would comply with forum rules) and was indeed accepted. You have to complete the examination process before you know what the cost is going to be,just one click away from potential investors beginning to see you. The site did not offer eur but only xbt or usd. I was asking for 2000$ to pay back over 12 months and discovered it was going to cost 2000
PLUS ONE THIRD.
Having a look at published loans and questions,I found one from Greece with an investor expressing concern at the cost to the borrower. So even,at least one,investors are worried !
My question is,for the opinion on this of members here,and do you know a site working on the same very interesting basis but at some sort of non-depressing rate ? I mean something above twice what his high street bank would offer an investor but not 6 times ?
Thanks !
(It is lending based on the volume of your account,you repay only when you are selling: Paypal keeps a portion of any amount a customer sends to you).
Having heard that some companies allow you to submit loans without anymore hassle than giving access to your Paypal and/or eBay accounts for them to check your reputation and lack of incidents,also checking of course your identity,I found only one with an address in the EU,and serving France among other countries,called B...... (I am not sure at this time if being more explicit would comply with forum rules) and was indeed accepted. You have to complete the examination process before you know what the cost is going to be,just one click away from potential investors beginning to see you. The site did not offer eur but only xbt or usd. I was asking for 2000$ to pay back over 12 months and discovered it was going to cost 2000
PLUS ONE THIRD.
Having a look at published loans and questions,I found one from Greece with an investor expressing concern at the cost to the borrower. So even,at least one,investors are worried !
My question is,for the opinion on this of members here,and do you know a site working on the same very interesting basis but at some sort of non-depressing rate ? I mean something above twice what his high street bank would offer an investor but not 6 times ?
Thanks !
