First National Bank

Discussion in 'Banking & Finance' started by _Info_, Mar 28, 2017.

  1. _Info_

    _Info_ Citizen Donator

    Joined:
    Mar 25, 2017
    Messages:
    115
    _Info_
    The First National Bank
    A World Business Conglomerate Partner

    The First National Bank is a bank dedicated to the benefit of the player. Offering Loans and Business startup advisory service we specialize in helping the player who is low on Krunas.

    Personal Loans
    Players applying for a personal loan must apply for a loan using the format listed below. These loans can be anything from K500 - K2500 and must be paid back in full with 5% interest in a two week period. Failure to repay the loan will result in seizure of property offered as collateral.

    Business Loans
    Players applying for a Business Loan must apply using the format listed below. These loans can be anything from K2500 - K3500 and must be paid back in full with 4% interest in a two week period. Failure to repay the loan will result in all property purchased using the money given. If all the money was not used in purchases then the money not spent will be refunded to the bank.

    Startup Advisory Services
    This service is offered to players who may need guidance in order to start their business. Helping players through the process of starting a company and what is a good idea or a bad idea. Giving players an analysis of the risk that comes with starting a business that may not be profitable or in a market that may be saturated already. Giving players advice on what facilities will be necessary for their own business to operate efficiently and make a profit.

    Personal Loan Application Format

    Amount requested:
    Reason and use for Krunas given:
    Items/Property offered as collateral:
    Current Balance:
    Playtime on server:

    Business Loan Application Format
    Amount requested:
    Description of business and products/services being offered:
    Use of Krunas:
    All members of business:
    Current balance of all members:
    Playtime on server:

    Startup Advisory Services cost K50


     
    Last edited: Jul 28, 2018
  2. x_Dylan_x

    x_Dylan_x Citizen Donator

    Joined:
    Mar 26, 2017
    Messages:
    18
    What is the Max loan for a business?
    What do you mean by we "Give something of equal value?"
    When do they have to be paid by?
    Thank you!
     
  3. _Info_

    _Info_ Citizen Donator

    Joined:
    Mar 25, 2017
    Messages:
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    _Info_
    The Maximum loan for a business is negotiable but for any loan i wouldn't go over 7k for now given the funds situation we are in.

    Collateral is taken in the agreement for security on my side. In the situation someone does not pay their loan back in full after certain amount of time they default on their loan. This means i get to take what the loan was spent on until i get the money i'm owed back. In the case that i never do get the money then i can sell the land/Building to make my money back.

    The loan must be paid back in either 2 weeks to a month to two months depending on the size of the loan. The less time you take to pay back the loan the less you owe. The amount increases over a period of time and significantly increases if you a late. Loans can be paid back in full or in installments.
     
  4. x_Dylan_x

    x_Dylan_x Citizen Donator

    Joined:
    Mar 26, 2017
    Messages:
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    Your username: x_Dylan_x


    How long have you been playing: Since September last year


    How much money are you asking for: 7000


    Why do you need this amount of money: To make Ruby Hotel


    Do you have stable income: Yes I do

    If yes, What is the source: I own a store and a Casino, Ruby Casino and Ruby Emporium


    Do you have anything to give if you default (Fail to pay back) on this loan: Ruby Casino or Ruby Emporium


    If yes, What: My lands stated above


    Other statements: I am an entrepreneur starting a big company, and soon to be the largest company, there is this perfect plot for sale id love to buy and start a hotel and sell good priced apartments to help new players.
     
    Last edited: Mar 30, 2017
  5. x_Dylan_x

    x_Dylan_x Citizen Donator

    Joined:
    Mar 26, 2017
    Messages:
    18
  6. _Info_

    _Info_ Citizen Donator

    Joined:
    Mar 25, 2017
    Messages:
    115
    _Info_
    Approved for a loan. Will file paper work tommorow.
     
    x_Dylan_x likes this.
  7. x_Dylan_x

    x_Dylan_x Citizen Donator

    Joined:
    Mar 26, 2017
    Messages:
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    Your username: x_Dylan_x


    How long have you been playing: Since September last year


    How much money are you asking for: 7000


    Why do you need this amount of money: To help build Ruby Hotel, and Ruby Dojo


    Do you have stable income: Yes I do, I recently hired a Co-owner and we make a decent amount daily

    If yes, What is the source: I own a store and a Casino, Ruby Casino and Ruby Emporium, and mining/mob killing everyday/


    Do you have anything to give if you default (Fail to pay back) on this loan: Ruby Casino or Ruby Emporium, or all the plots we own. but the chances of us not being able to pay it back is like 0%


    If yes, What: My lands stated above


    Other statements: I am an entrepreneur starting a big company, and soon to be the largest company, we have a few plots that need built on really bad, and we do not have the money at the moment to do construction on all of them.
     
  8. x_Dylan_x

    x_Dylan_x Citizen Donator

    Joined:
    Mar 26, 2017
    Messages:
    18
  9. JaneLovesAnime

    JaneLovesAnime Citizen

    Joined:
    Apr 18, 2017
    Messages:
    437
    JaneLovesAnime
    I need a loan of 3,500$ for a bookstore
     
  10. _Info_

    _Info_ Citizen Donator

    Joined:
    Mar 25, 2017
    Messages:
    115
    _Info_
    Please fill out the application format
     
  11. JaneLovesAnime

    JaneLovesAnime Citizen

    Joined:
    Apr 18, 2017
    Messages:
    437
    JaneLovesAnime
    Your username: Jane328


    How long have you been playing: Since March this year


    How much money are you asking for: 7000


    Why do you need this amount of money: To make a Bookstore


    Do you have stable income: Yes I do

    If yes, What is the source: I sell books, work as a doctor, and help other people


    Do you have anything to give if you default (Fail to pay back) on this loan: Yes


    If yes, What: My Apartment


    Other statements: I write books, i work as a doctor, i work for other people, sell good priced books :D
     
  12. ShadowKitsune

    ShadowKitsune Citizen

    Joined:
    May 1, 2017
    Messages:
    1
    Your UserName: SkyeShadowYT

    How long have you been playing: Febuary of this year


    How much money are you asking for: 6500


    Why do you need this amount of money: To help build Mountaian Brook Apartment Complex.


    Do you have stable income: No

    If yes, What is the source: ^^^^


    Do you have anything to give if you default (Fail to pay back) on this loan: Yes


    If yes, What: Plot bc-032

    Other statements: I am an Interior Designer looking to start earning more money quicker. I am hoping Mountain Brook can do so. I have no employees yet.
     
  13. MikeRoma

    MikeRoma Interior Designer Banned

    Joined:
    Jun 17, 2017
    Messages:
    31
    MikeRoma
    Your username: MikeRoma
    How long have you been playing: 3 Days
    How much money are you asking for: K4,500
    Why do you need this amount of money: To buy a commercial plot and build an HQ for my company
    Do you have stable income: Yes
    If yes, What is the source: Interior Design
    Do you have anything to give if you default (Fail to pay back) on this loan: Yes
    If yes, What: My company and apartment.
    Other statements: N/A
     
  14. ferre007_

    ferre007_ Judge Judge Constructor Mayor

    Joined:
    Jun 7, 2017
    Messages:
    402
    ferre007_
    canceled
     
    Last edited: Oct 24, 2017