Hello, I am currently offering Loans and Farming perms. Please apply below. Management Team: Spoiler Owner: David_Torento Board: (Will be selected at a later date) Board: (Will be selected at a later date) Board: (Will be selected at a later date) Loans Available: Spoiler Loans are lent out with the following terms: 5% payback/week lent out (Capping at 50%) Example: 1week would be 10% payback 2weeks would be 15% payback 3weeks would be 20% payback Etc. Application: Name: Loan Amount: Loan Length: Previous Loan (If Applicable): Co-Lateral: (Do you have anything to offer in the event that you can't pay the loan off?) Additional Info: Anything you think might help you get the loan) Farm Positions open: (Farm is located at /warp farming, and will be getting a "entry renovation" relatively soon) Spoiler Co-Owner: 150k (Gets co-mayor and permission to sell the ranks Farm General Manager and lower) Farm General Manager: 50k (Gets co-mayor and permission to sell the ranks Farm Manager and lower) Farm Manager: 25k (Gets co-mayor and permission to sell the Farmer rank) Farmer: 10k (Gets perms) *Note: Any sale of perms, I get the following:* (10% of original price even if you sell it for less) -Farming Perms: 1k -Farm Manager Perms: 2.5k -Farm General Manager Perms: 5k (Signs will be set up for you to pay when selling perms) *Note: Any abuse/grief of the farm and I reserve the right to suspend you from the farm pending a Board meeting to decide if what you did is severe enough for you to remain suspended.* *Note: You must forum pm me any people you sell perms+ to so I can add them to the list* Current Farm Size: two - 400x200 floors of Melon two - 400x200 floors of pumpkin currently under construction *Currently Hiring someone to build a 400x200 afk rail* Application: Name: Position you'd like: Do you agree pay me 10% of all permissions sold?: (If applicable) Do you agree not to grief the farm & replant anything you see griefed?: http://tinyurl.com/TheTorentoProject
By 5%/week for loans, do you mean that if I borrow 100k, and I choose to payback in a week, only 105k needs to be paid?