Loans/Funding
 

I`m looking for a loan for my existing projects. I`m UK based. I`ll go down the bank route if necessary but maybe an issue being what I need the funds for.

Any members offer a lending service here? Obviously would need to be carried out with all the necessary paperwork/IDs and so on. Please PM me or shoot me an email if you offer such a service.

Thanks for reading GFY peeps. :)

you know this is GFY?


But hey, if you have any luck, you have my email also :2 cents:

Umm I think he knows where he is :2 cents:

Hi, aware this is GFY yes. :) I`ve been here for some 12 + years and wanted to see if their are any genuine people who offer such a service as I want to expand what I`m already doing.

I think it will be hard for you to find someone here.

If you truly had a profitable betting system, why on earth would you need a loan?

how much do you need bro?

How much do you need? I will send it Western Union. Just pay me back when you can.

Don't do it. Borrowing money from anyone is expensive, and taking on a partner can be even more expensive. Try to think this through a little.

How much money do you need? If its just a few thousand and its for a short time, borrow it from your credit card.

If you think you will need it for a longer period of time, talk to your bank. The bank can offer you a lower interest rate than most credit card companies.

Even better than a loan, ask your bank for a line of credit instead. A line of credit only costs you interest when you borrow against it, and only for the amount you use. For example, if you take out a line of credit for $25,000 but use only $5000 of it, you pay interest only on that $5000.

Be careful - your bank may charge fees to transfer funds. If so, ask that they not do this. If they must, then make sure you pay it before they transfer funds otherwise those fees will add up.

If your bank won't play ball and you need lots of funds for a long period of time, call your credit card company and ask them for a credit increase (if you need it) and a "balance transfer". The credit card company will deposit cash into your checking account for you to use as you want and very often will do so at an interest rate far less than their usual rate. For example, MBNA MasterCard will do this at 4.9% during most of the year but every once in a while they have a "Sale" and offer the service at 1.99%.

If everything else fails, then consider borrowing from a friend or whatever, but do not go to any of those lending services you see on TV. They are ripoffs.

Good luck!

Do not do it.

hmm are you most definite about this :upsidedow

yes, it shows on your profile, I've only a while & still understand the GFY sarcasm :1orglaugh

good luck with financing your project :thumbsup

10k, can we do BACS? :thumbsup

Epass sent

Hi sonofsam, I do have profitable systems that I use (horses in the main but also a few others including football). I have been doing this for a couple of years now and really do come into the very small percentage of people (between 2 - 5%) that generate profits from these markets. The problem I have is that I generate some £3 - £4k monthly (about $4.5 - $6k) and this covers my living expenses (I`m fortunate enough to have a nice property and what I earn covers my mortgage and other costs (taxes, utilities etc)

Just as an example of one of the systems I use, please see below:

http://bettingmethodology.com/system1.jpg

This is a laying based on small £10 stakes (the liability will be higher than this as it`s laying and not backing). This is run as a business so obviously I have detailed records of every selection that I make (in case people wish to see more data). My stakes per system selection vary between £10 up to £100.

Thanks for your detailed reply my friend. The bank is an option however the £12 - £15k that I need so to take what I`m doing to the next level is a problem because the banks do not view such a market (gambling) as an investment.

IIRC https://gfy.com/members/rick-latona/ used to do secured loans to online ventures :2 cents:

Dunno if he still does though....

:1orglaugh

Thanks CurrentlySober :)

Yes but the domain was only registered after I had recorded a year of success so I was keen to demonstrate what could be achieved. The name also matched what I do (a method to betting).

This is the performance over the last 12 months (August 2014 - July 2015) using another system that focuses on betting on short priced favorites on a handful of sports:

http://bettingmethodology.com/system2.jpg

This was from a starting bank of £1000 and has returned over £9000 during this time. Their is not a bank in the world that can deliver 9 times the starting investment. :)

Again, I can provide every single selection during this 12 month period if anyone is interested.

check out peerform

good luck you will need it!

Hit up a loan shark if you're that confident in your systems. :2 cents:

Sorry I'm a bit lost, are you asking for a loan to expand your bullet proof betting (gambling ) system ?
If it's that good why don't you just increase the bet size ?

It isn't that simple. With any betting system, for it to be operated properly a sufficient betting bank is required (10, 50, 100 and on rare occasions 200 points). Like most businesses that often require investment to grow, this is managed in the same way.