This President Gu is also a wonderful person, and he mobilized the atmosphere in the office in just a few words.

However, what he said was not all a joke, judging from Chen Hao's current financial resources, the cash flow in half a year is as much as billions.

You know, this is only Chen Hao's current income!

Once hundreds of [First Orchards] are officially opened, it is estimated that Chen Hao's wealth will be overflowing, and he will throw out a few financial orders casually, and he will not put the business director of a county branch on the ground?

"Yes, Governor, you're right. ”

"Didn't I invite Dong Chen?"

"His loan of 2 billion yuan cannot be approved with my current authority, and it must be personally checked by the president. Zhao Ying replied with a teachable face.

The three of them exchanged a few words in the president's room on the second floor, and after a few cups of good tea, they began to get to the point.

You must know that the loan of 2 billion yuan is not so casual and can be approved.

Even if Chen Hao is not small, and he runs a large company with an output value of billions, if he wants to obtain such a huge loan from ICBC, the procedures and processes that should be done are indispensable.

"Chairman Chen, do you plan to mortgage or pledge this 2 billion loan?" Gu Chengye sat on his desk and found out several loan policies with high specifications within ICBC for Chen Hao.

As for the mortgage and pledge he said, they are two subdivided types of bank loans.

Of course, in addition to these two loan methods, there are also popular credit loans and small loans, but those loans are for users with small amounts.

For a mouth like Chen Hao, it costs 2 billion, and there is no other way than mortgage and pledge.

As for the difference between these two types of loans, it is the difference between the collateral provided by the lender and the collateral.

Collateral is roughly divided into physical objects such as real estate, automobiles, and precious metals, while pledges are virtual objects such as treasury bonds, financial bonds, checks, and bank deposit certificates.

Of course, there is not much difference between the two, in fact, the declaration procedures and the interest on the final loan will have a way out. According to the experience of the turtle in the industrial mix for a period of time, the interest rate of the mortgage loan is often much lower than that of the pledged loan.

However, because Chen Hao did not plan to use the fixed assets of [First Food] as collateral. Because that's it. Most of them will cause suspicion within the company.

He had no choice but to choose a pledge loan with a slightly higher interest rate.

Fortunately, judging from the loan policy provided by President Gu, the interest rate of the ICBC pledge loan is only about 1% higher than that of the mortgage loan. Judging from Chen Hao's current speed of making money, there is no big problem.

"President Gu, let's pledge the loan!"

"The term of the loan is set at 3 years, and as for the repayment method, you can choose to repay the principal and interest at one time. ”

"You see, I even brought the pledge. Chen Hao glanced at the loan policy a few times, thought for a moment and then said his choice, and then pulled out a brown leather bag from his side.

"Is it a one-time settlement for 3 years?"

"Okay, I see. ”

"As long as the pledge is okay, I will arrange for Director Zhao to help you handle it now. Gu Chengye is also a person who has seen the world, and said calmly.

You must know that although the business volume of their Ruicheng branch is a lot, such as billions of large loans every year, there are so many cases, but it is the first time that he Gu Chengye has encountered a sudden door-to-door application like Chen Hao without saying hello.

So, after taking the pledge handed over by Chen Hao, Gu Chengye instructed Zhao Ying beside him to hurry up and bring the materials to be prepared and the required application form.

Because this kind of loan credit approval with a starting amount of billions of dollars must be reported to the Wenshi branch of the Ruicheng branch through the internal background of the ICBC, and then the Wenshi branch will be reported to the Jiang Provincial branch for three-level approval. If the submission of information is slow, the progress of the loan will be delayed for many days.

In order not to delay Chen Hao's big business, the pleasing President Gu naturally urged his subordinates a few more words.

It's just that when President Gu just opened the file bag that Chen Hao handed him and pulled out a sales agreement with a large amount of money from the bag, his originally smiling face immediately became serious.

"Shhh

"This is a log sales contract?"

"I didn't expect that Chen Dong's business is so extensive, and even the log business is involved?" Gu Chengye flipped through the contract sample in his hand, especially after seeing the amount in it, his pupils shrank slightly.

"The entire contract is worth 4.8 billion?!"

"The signatory is actually [Shengfei Industry], [Sanfu Mumen], [Wenzhou Building Materials], these large industrial groups!" Gu Chengye swept the signatory of the contract, and secretly screamed a few words in his heart.

Because these signatories are all well-known large groups and large companies in Wenshi and Ruicheng areas.

I didn't expect that the young chairman in front of me, who was not amazing, could reach sales cooperation with these large enterprises quietly, and the amount involved was even more unheard of.

Just selling a piece of wood can be sold for a sky-high price of 4.8 billion?

Such a shocking scene naturally made President Gu admire Chen Hao even more in his heart.

"Chen Dong is really young and promising!"

"With such a lucrative underwriting contract, I Gu Chengye have been in the banking system for so many years, and I can only see those real estate enterprises get the land. ”

Gu Chengye couldn't help but sigh a little with emotion, then stared at the contract carefully a few times, and then frowned and said in surprise: "Chairman Chen, according to my cursory look, your contract is in line with the accounts receivable in the pledged loan." ”

"And these signatories are all industrial companies with good credit ratings, like Mr. Lin of [Shengfei Industry], who is also one of the few big customers of our Ruicheng branch. ”

"With these large industrial companies endorsing you, the pledge rate of this underwriting contract can definitely be estimated at about 90%. ”

"Why don't you borrow a little more? How about a loan of 3 billion?"

"Keep some cash in hand in case you need it!"

Gu Chengye is wishful thinking!

Because according to his experience, Chen Hao used this timber underwriting contract with a residual value of 3.6 billion yuan (1.2 billion yuan in the first year has been settled) as collateral, and he can definitely pass the third-level approval of Wenshi Branch and Jiang Provincial Branch.

Because this kind of underwriting contract is a "receivable" with a lag in installments, it is a recognized high-level collateral in all banks.

Once the loan defaults, the bank only needs to take this contract, find the above-mentioned signed enterprise, and recover all the amount involved in the contract when it expires.

As for why Gu Chengye asked Chen Hao to borrow more?

It's not that I have caught the value of this underwriting contract!

According to ICBC's internal loan policy, this kind of large-amount pledged loan involving billions of funds has an annual interest rate of as much as 4%. And Chen Hao chose a 3-year term, and the interest rate rose to 5.4%.

Big brother, don't underestimate this small 5.4%, this is 1 year of interest!

Based on the total loan amount of 2 billion, after the expiration of 3 years, Chen Hao will need to repay as much as 2.324 billion with interest.

In 3 years, the interest alone is as high as 324 million, and the loan funds are still the funds that depositors have left in their accounts, which is a useless profit to make money.

How else to say that banks are profitable?

Gu Chengye persuaded Chen Hao to borrow more, and naturally he also took a fancy to the fact that there was no big default risk in this loan, so he planned to pay more interest money from Chen Hao.

Tomorrow will be Double 11, I wish the officials a happy single. The data will explode tomorrow

(End of chapter)