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Fuzzy: Bank of Abadar.

Posted by DMFor group 0
DM
GM, 3326 posts
Sat 11 Jan 2020
at 15:20
  • msg #1

Fuzzy: Bank of Abadar

The Bank of Abadar
Andalon de Lebeda
Player, 874 posts
Cleric of Abadar
Sat 11 Jan 2020
at 17:01
  • msg #2

Fuzzy: Bank of Abadar

The Bank of Abadar in Tusk is now the administrator of a small pool of BP's on behalf of several local investors.  So loans of up to one BP may be available to anyone who needs some extra funds for a building or business development anywhere in Midmarch.

Conditions of the loan:
 - 50% interest (i.e. borrow 1BP, repay 1.5BP)
 - To be repaid over the next two three Kingdom turns (repay 1BP next turn and the final 0.5BP on the following turn i.e. repay 0.5BP per turn for three turns.)
 - Subject to the proposed development being approved by the relevant Council or authority in charge of the settlement where the development is proposed.

If anyone would like to enquire about a loan, this is the place to do it.

Similarly, if anyone has BP they don't have a use for and would like to add them to the funds available for loan, this is the place to do it.
This message was last edited by the player at 15:46, Thu 25 June 2020.
Andalon de Lebeda
Player, 941 posts
Bishop at Cathedral of
Abadar in Tusk City
Thu 25 Jun 2020
at 13:43
  • msg #3

Fuzzy: Bank of Abadar

If anyone happens to be just a little bit short of the funds needed for that new business enterprise, you know where to come for a loan.
DM
GM, 3776 posts
Thu 25 Jun 2020
at 13:53
  • msg #4

Fuzzy: Bank of Abadar

A customer drops a handful of coins on the floor, and scrambles to pick them up, while the others look on in amusement.
Andalon de Lebeda
Player, 942 posts
Bishop at Cathedral of
Abadar in Tusk City
Thu 25 Jun 2020
at 15:51
  • msg #5

Fuzzy: Bank of Abadar

The Banker helps the embarrassed customer to pick up the coins, then very kindly suggests they might be a lot safer if deposited in the bank.  :)

OOC: Loan terms revised in the post above.
Safiya Vallani
player, 299 posts
Thu 25 Jun 2020
at 17:40
  • msg #6

Fuzzy: Bank of Abadar

Sounds useful. Safiya is either 0.5 BPs short from buying some more boats, or has 0.5 BPs just sitting useless this round. Preferably former - what would be the terms on a 0.5 BPs loan? I'd rather not split my BPs down to 2 decimal places, so would 0.8 BPs over three turns or even 0.7 over two be acceptable?
~Hargrym Silverhammer
NPCe, 6 posts
Stonemason
Domitius Companion
Fri 26 Jun 2020
at 04:43
  • msg #7

Fuzzy: Bank of Abadar

Hargrym approached the tellers and asked "I was wondering if I could organise a loan, we are looking at setting up a master jewellers in New Dawn as it would appear there is gold there."
Andalon de Lebeda
Player, 943 posts
Bishop at Cathedral of
Abadar in Tusk City
Fri 26 Jun 2020
at 14:11
  • msg #8

Fuzzy: Bank of Abadar

In reply to Safiya Vallani (msg # 6):

The Banker considers Safiya's question thoughtfully for a long moment then nods.

"I think either of those options would be quite acceptable, Miss Vallani. I will need to double-check one or two administrative details but I don't think we would have a problem either way."
This message was last edited by the player at 15:10, Fri 26 June 2020.
Andalon de Lebeda
Player, 944 posts
Bishop at Cathedral of
Abadar in Tusk City
Fri 26 Jun 2020
at 14:41
  • msg #9

Fuzzy: Bank of Abadar

In reply to ~Hargrym Silverhammer (msg # 7):

The Banker considers Hargrym's question quite a bit longer before responding.

"That would be quite an investment in a small, fledgling settlement like New Dawn, Mr Silverhammer. You might find that the settlement itself may not yet be able to supply the other resources required to support something as lavish as a master jeweler's workshop straight away. In all honesty, the Bank's resources are somewhat limited as well. You might find it is necessary to start with a smaller jeweler's workshop this year, prove to everyone that it really is sustainable, then aim to expand to your master jeweler's workshop next year."
DM
GM, 3779 posts
Fri 26 Jun 2020
at 14:55
  • msg #10

Fuzzy: Bank of Abadar

A clerk sorts through some papers, before selecting a document and passing it to the banker.
Safiya Vallani
player, 300 posts
Fri 26 Jun 2020
at 16:55
  • msg #11

Fuzzy: Bank of Abadar

In reply to Andalon de Lebeda (msg # 8):

Safiya is thoughtful for a moment before answering a question with a question of her own. "What about a larger loan? One that would allow me to invest more heavily into my operations upstream?"

After running the numbers, a loan of 1.4 BPs would give me the most bang for my buck. At the proposed terms that would come to paying back 0.7 BPs for 3 rounds. Would that be acceptable?
This message was last edited by the player at 16:55, Fri 26 June 2020.
Andalon de Lebeda
Player, 947 posts
Bishop at Cathedral of
Abadar in Tusk City
Sat 27 Jun 2020
at 03:04
  • msg #12

Fuzzy: Bank of Abadar

The Banker smiled.

"We do have limited resources ourselves at present. We are currently only offering loans up to twice the size you initially asked about."

Basically two loan amounts are currently available (0.5BP or 1.0BP), with a few variations on repayment options:
  1. Borrow 1.0BP, repay 3x0.5BP over 3 turns
  2. Borrow 0.5BP, repay 3x0.25BP over 3 turns (or if you don't like 2 decimal places you can repay 0.7BP over 2 turns or 0.8BP over 3 turns).

Any development opportunities generally cost multiples of 1.0BP or 0.5BP, so you generally wouldn't be able to do anything with odd fractions of BPs anyway until they add up to half or full BPs. If someone really does need a fraction of a BP we can discuss at that time.

Safiya Vallani
player, 301 posts
Sat 27 Jun 2020
at 07:00
  • msg #13

Fuzzy: Bank of Abadar

"Understandable."

Because of taxes, players running strongholds often have to deal with smaller fractions of BPs. In particular, Safiya has 0.6 BPs left for this round, so she would need 0.4 or 1.4 BPs more for something really useful.

Would a loan of 0.4 BPs over three rounds (0.2 each round) be acceptable? I did not propose that earlier as I did not wish to nickle-and-dime you with such small amounts. It would fit my projected income for next round though, as I will have exactly 0.2 BPs leftover then.

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