legendarynames
Established Member
- Impact
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I'm pondering what hurdles there would be in offering a loan service with domains as collateral, and if there would be a significant market for this niche.
Initially the idea would be to focus on traffic portfolios with proven parking revenue. The borrower would transfer over their portfolio to an escrow account at our Registrar, and the parking revenue would be used to offset the loan balance.
The total loan amount would be a multiplier of past parking revenue, and if the borrower doesn't pay back in due time, we'd keep the domains.
If the service evolves, other domains could be accepted as well.
I understand Epik provides interest free domain loans, but AFAIK, they give you registrar credit for helping keeping up with domain renewals, not cash for private use. I'm not aware of other services.
Criticisms?
Initially the idea would be to focus on traffic portfolios with proven parking revenue. The borrower would transfer over their portfolio to an escrow account at our Registrar, and the parking revenue would be used to offset the loan balance.
The total loan amount would be a multiplier of past parking revenue, and if the borrower doesn't pay back in due time, we'd keep the domains.
If the service evolves, other domains could be accepted as well.
I understand Epik provides interest free domain loans, but AFAIK, they give you registrar credit for helping keeping up with domain renewals, not cash for private use. I'm not aware of other services.
Criticisms?