Chapter 820 Loan
Zhou Tang did not stop Zhou Shu from getting angry. He also wanted to see what General Xin Mao's bottom line was.
If the Zhou family was really forced to borrow money, he...he didn't know what to do.
Xin Maojiang chuckled, looked at Zhou Shu, and said warmly: "Don't get too excited, this person is just a messenger. It's useless for you to scare me by blowing your beard and staring. First of all, the Zhou family signed the pledge for the share subscription. It’s written in black and white. Even if the lawsuit goes to the imperial court, your Zhou family will still lose. Don’t you refute this?”
Zhou Shu puffed out his nostrils and was speechless.
Due to circumstances and reasons, the Zhou family had to buy the shares or pay huge compensation. If you are told that you have money but don't have money, why would you dare to speak out and make random quotes if you don't have money?
That doesn't make sense.
Xin Maojiang continued with a smile: "Furthermore, I can probably guess what you and Lord Emu are thinking. They just think that the general manager is going to come up with some loan sharking with compound interest to harm the Zhou family, right?"
Zhou Tang said nothing, but Zhou Shu snorted angrily: "Isn't it?"
Xin Maojiang shook his head and said: "No, you are judging a gentleman with a villain's heart, and you have wronged the general manager."
Zhou Shu asked: "How do you say this?"
General Xin Mao said: "The interest rate of the bank is unified. Based on the current specific situation of private lending, the general manager has stipulated that the interest rate is one cent per month, and there will be no change within ten years."
Zhou Tang's eyes suddenly widened: "One cent profit?"
General Xin Mao nodded: "Yes, one cent profit."
He naturally knew why Zhou Tang was shocked.
The most popular one at the moment is "nine out and thirteen back". If you borrow ten guan, what you get is actually 9 guan, and the repayment at maturity is 13 guan. In addition to this, corresponding interest must be paid, which is generally calculated on a monthly basis, about three cents.
Calculating the inside and outside like this, it is simply killing people...
But what about the bank’s interest?
Just one point!
Apart from a small amount of "stamp duty", there is no further explanation.
Zhou Tang raised his eyebrows and asked, "What kind of collateral is needed?"
General Xin Mao said with a smile: "Lands, houses, shops, even calligraphy, paintings, and rare things are all acceptable. Moreover, not only the nobles and merchants who subscribed for the shares of the salt farm this time can apply for loans, but all of them can make their commercial projects obtain the approval of the bank." Approved families or individuals can apply for loans anytime and anywhere.”
Zhou Tang was shocked again.
It is true that he is a scholar, but he is by no means a pedantic person who claims to be aloof. The Yangxian Zhou family's current prosperous situation is inseparable from his careful management. He is also quite proficient in the art of cultivating goods.
Fang Jun's so-called "money bank" is not just for the nobles who have subscribed for shares in the salt farm but can't afford the money, but to play a bigger game! This move not only subverted the past private lending methods in Jiangnan, giving large-scale loans an alternative, so that they would not have to endure the exploitation of the moneylenders. More importantly, he actually consciously and plannedly supported those whose capital was not A wealthy businessman with real business acumen.
Or... a poor family!
The corners of Zhou Tang's eyes beat sharply involuntarily.
If he turns to Fang Jun, the Zhou family can not only keep the interests of the salt farm that they have now obtained, but also show their side of the car and horse. I think Fang Jun will definitely not treat the Zhou family badly who first stood up to express his support.
This is a good choice, but Zhou Tang now faces two problems, two fatal problems!
If he borrowed a loan from that bank and mortgaged his own land and house deeds, once the income from the salt farm fell short of expectations, wouldn't it mean that Fang Jun would draw a circle and eat up all the Zhou family's accumulated wealth over hundreds of years?
The salt farm was all created by Fang Jun. Although everyone is willing to believe Fang Jun's explanation and prediction of the salt farm's output, what if it happens?
There is one more important thing!
If Fang Jun really wanted to support the poor families in order to fight against the Jiangnan gentry, wouldn't it mean that he would help the tyrants and dig their own graves by taking refuge in them?
The water is too deep...
Zhou Tang was worried about gains and losses and hesitated.
Xin Maojiang saw his expression in his eyes and smiled in his heart.
Before planning to launch this "royal bank", the general manager had already worked with Pei Changshi to understand the thoughts of all the nobles and merchants, and had made plans as much as possible for various possibilities.
Zhou Tang's concerns were naturally expected by the Chief Manager...
Xin Mao sat upright, a sense of pride welling up in his chest.
He said in a solemn tone: "The general manager once said that he is the most loyal person. You all smoothed things over for him at the prospectus. He will remember this kindness. All families or individuals who subscribed for the shares of the salt farm, if necessary, When borrowing money from a bank, the bank will not take possession of all the mortgaged items, but will only prohibit them from buying and selling until the loan is repaid.”
The corners of Zhou Tang's eyes jumped again... He couldn't even remember how many times he was shocked today. Fang Jun's moves followed one after another, which made people unable to guard against him. They went straight to the life gate and hit the weak spot, which was shocking. There is no way to avoid it!
What does "he will remember this kindness" mean?
It doesn’t matter whether you come up with money or borrow money from a bank, as long as you honestly buy the subscribed shares, that’s “love”! Once we have a friendship, we are partners, and we will naturally not treat you badly in the future.
But if you want to embarrass him and act like a rogue and refuse to pay him, not only will there be no "love", but only "hatred"!
Naked threats and intimidation!
And General Xin Mao's last sentence made Zhou Tang have to admire Fang Jun's courage.
"The bank will not collect all mortgaged items at any time, but will only prohibit their buying and selling until the loan is repaid"...
What does this mean?
It’s just like lending you money to do business!
In this day and age, a penny of profit is no different than getting it for free...
Zhou Tang understood in his heart that he only had one last question.
He looked at General Xin Mao and asked slowly: "It's not that I can't trust the general manager. It's actually the family foundation of the land deed design, so I have to act cautiously. I dare to ask, what if the general manager no longer takes charge of this bank in the future? What will happen to this promise?" Will it still be valid? ”
Don't say anything about signing or stamping!
It is normal for people to take political interest. He, Fang Jun, is not yet in his prime. How can he still be in charge of this bank for too long? Once he leaves and someone comes up who completely refuses to acknowledge the previous agreement, Mrs. Zhou will cry without even crying!
Xi Junmai laughed loudly and said: "Mr. Emu must have overlooked something."
"What's the matter?"
"The full name of this bank is called 'Royal Bank of the Tang Dynasty'. It has nothing to do with Huating Town, Suzhou, or even Canghai Road. This is His Majesty's private property. Whether it is the Zhou family or others, the document signing the loan agreement, It’s all signed and stamped by His Majesty, so what does it have to do with the General Manager?”
Zhou Tang was dumbfounded: "Seriously?!"
Xi Jun nodded and said: "There are absolutely no lies!"
Zhou Tang took a long breath and immediately said, "I wonder how the price of this mortgage will be determined?"
Xi Junmai said: "The bank has its own people who are responsible for the evaluation. They are all talents who are proficient in arithmetic and economics. They will never maliciously lower the price of the mortgaged property. Not only that, the general manager specially paid attention to the purchase of the salt farm shares this time. Everyone offers a bonus, which can be increased by 20% according to the price of the mortgaged thing, and the loan can be given! ”
If you take out 100 acres of land and the market price is 1,000 guan, I will lend you 1,200 guan!
What a big deal...
Zhou Tang had no objection and immediately expressed his position: "Tomorrow, I will arrange for my third brother to go to Huating Town with the land title deeds and go to the bank to handle the loan procedures."
General Xin Mao laughed, raised his thumb and said, "Mr. Emu is so courageous that I will be overwhelmed by this!"
The task is completed, and I feel relieved!
Zhou Tang also laughed loudly: "Master Xin is articulate and clear in his thinking, and he deserves to be called a young talent. Failure in the imperial examination once is not a big deal. As long as you work hard, it is inevitable to be named on the gold list in the future. As the general manager said As the saying goes, if you read thousands of books and travel thousands of miles, your future will be bright and you will fly thousands of miles forward!”
This deal is worth it!
Jiangnan gentry?
Go to hell!
Zhou Tang has long seen clearly that times have changed! Still thinking about the chaos in the world during the Southern and Northern Dynasties, when the Jiangnan gentry took advantage of the situation and took advantage of the situation to rise? Still thinking that after the Sui Dynasty unified Jiangnan, it was unable to take care of it and allowed the Jiangnan gentry to grow bigger? Still thinking that under the maintenance of the nine-level Zhongzheng system, the aristocratic families control the government and have the energy to rise and destroy?
Stop dreaming and wake up!
The Tang Dynasty has risen like a giant, and it will never allow aristocratic families to control the empire's resources as before, or even override the imperial power!
Either go with the flow and follow the big ship of the Tang Dynasty to ride the wind and waves and set sail; or go your own way and be crushed in front of the powerful wheel...
Where to go, Zhou Tang knows clearly. (End of chapter)