« previous next »
Pages: [1]

Author Topic: Loan  (Read 200 times)

Dharma

  • Newbie
  • *
  • Posts: 11
  • Location: Paris, FRANCE
    • View Profile
Loan
« on: July 10, 2018, 12:04:07 pm »
How does the loan system works ?
My revenue is positive, but I cannot ask for a loan.
Report to moderator   Logged

Share on Facebook Share on Twitter

postl

  • Newbie
  • *
  • Posts: 3
    • View Profile
Re: Loan
« Reply #1 on: July 10, 2018, 12:36:44 pm »
I've been revenue positive, barely, for about a day but just started getting loans offered this morning. Without looking through the source I'd guess there's some reputation or revenue history component. It may also be looking at cash flow (so net income less any existing loan paybacks).
Report to moderator   Logged

patson

  • Administrator
  • Hero Member
  • *****
  • Posts: 915
    • View Profile
Re: Loan
« Reply #2 on: July 10, 2018, 12:45:27 pm »
I don't remember the actual source code...im at work now so no time to look at it ;)

But as a quick reply (and if my memory serve me right):

It's determined by your asset + your profit last month - your existing liability (mostly existing loan)
Report to moderator   Logged

Dharma

  • Newbie
  • *
  • Posts: 11
  • Location: Paris, FRANCE
    • View Profile
Re: Loan
« Reply #3 on: July 10, 2018, 01:37:06 pm »
OK, thanks for the quick reply !
Would love to have the definitive answer to this as soon as you get the chance to look !
Report to moderator   Logged

patson

  • Administrator
  • Hero Member
  • *****
  • Posts: 915
    • View Profile
Re: Loan
« Reply #4 on: July 11, 2018, 03:23:17 am »
The bank would roughly loan u 20% of ur asset + projection of 2 year profit (based on your last month's profit) - ur liability (existing loan etc)
Report to moderator   Logged
Like Like x 1 View List
Pages: [1]
« previous next »