This loan is to allow for some additional diversification in mining power. I currently have cloud mining contracts with HashNest and Gaw/Zencloud. I would like to use this loan to purchase contracts with ZeusHash and a small position in Genesis-Mining. Having a diversified portfolio of cloud mining providers helps average out the different fee and maintenance rates and helps provide the best possible returns.
I have never had a late payment or defaulted loan in any aspect on any lending site. In fact, I have always paid my loans off early.
In Addition, this additional mining power will help support the BFTB project at https://coinsortium.co/project/BFTB
Mining power can then be sold from my inventory to the project and provide fast returns for investors here if needed. If not I continue to mine with the power to pay off the loan.