Introduction

What do we have with loans, friends? Each country has its own conditions for providing loans. These conditions are basically similar to each other, but they can slightly differ depending on a specific bank, a tax legislation of the country and, of course, on a type, a size and other parameters of the loan. But the concept of “credit” can be divided into two main types. Loans to the customer directly in money and loans in cash equivalent for purchased goods or services. It’s not difficult to guess that cash loans are much harder to get and de facto to do this you need to have some real value in pledge, for example real estate. Considering the possibility of obtaining loans for firms, we will also pay attention to the fact that here a valuable role plays exact kind of the company one is talking about. However, without entering into legal details — the more the authorized capital of a firm is, the higher its trust gets. In addition, many other factors play a role: a date of foundation, a previous credit history, debts, an annual turnover of money. There are so mych points that determine a payment ability of the firm (which determines the possibility of obtaining a loan) that we’d better omit their listing beyond of this article. Therefore, if you are a start-up or an individual entrepreneur, your chances of obtaining a loan are almost zero.

The offer from the CustomCoin Platform

The offer from the CustomCoin Platform project can unleash the tangle of problems that will inevitably have to be solved by beginning entrepreneurs. So, if you are a start-up or a company that wants to reach a higher level, this site provides loans that enable interested firms to implement proposals requiring large investments. The site does not require any pledge of collateral for a loan, except for a prepayment in tokens of the platform which (the prepayment) will become the income of the platform. Primarily loans are provided for construction materials, equipment rental and labor costs of personnel in the construction company. The volume of loans is 50 thousand euros and above, depending on the terms of performance of construction works. The condition for obtaining a loan is client’s purchase of tokens on the platform (on crypto exchanges) in the amount of 15% of the desired loan. In this way, an interesant will need to transfer obtained tokens to the platform. The platform partially retains received tokens as a profit (30%) and partially burns (70%).

At constant capitalization of a CustomCoin coin the funds raised this way from the turnover will increase the price of a separate token. This in turn will give an opportunity to profit for depositors of the project and the platform itself. Loans for construction materials will be issued after the establishment of the contract between a customer, a contractor and the platform. The platform will act as an investor. The contractor receives loans in construction materials that will be delivered directly to the construction project. The contractor does not receive a loan in cash. The repayment of the loan will be transferred directly to the account of the platform bypassing the contractor. The platform has a right to control the contractor during construction works. The platform does not position itself as a crypto currency bank because it participates in construction contracts with the contractor fulfilling a construction order.

The review was prepared by the CustomCoin Platform team https://ccnowpro.com/

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