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Chapter 379: Chapter 307: Solved? Various Rights (Please Subscribe!)_3
"So you’re the subordinate of Tang Qing’s friend?" Chai Ren confirmed once again.
"Yes, Mr. Chai, based on the previous terms, we’ve dealt with the trouble at the iron mine. You said you would let us get shares in Yunqi Investment. Now that we’ve fulfilled our part, there shouldn’t be any problems on your end, correct?"
"I can guarantee that, if your solution is satisfactory, your shareholdings will not be less than average. But I would like to know the extent of your ’solution’. Also, did you guys have anything to do with the change in leadership there?" Chai Ren asked.
"Yes, we did. Our boss wasn’t pleased with the previous leader, so we sent him on his way. As a condition for the new leader’s appointment, you can rest assured about the mining at this iron mine in the future. Just adhere to the rules and pay some taxes, nothing excessive. The new leader will also ensure the safety of our personnel and equipment at the mine. Of course, this is not an obligation, just a restraint to keep his subordinates from causing trouble."
Chai Ren was instantly delighted by the deal.
Reasonable charges.
And the provision of protection?
"Are you serious? Will he actually abide by this?" Chai Ren hastily inquired. Such conditions were unprecedented for his other mining fields in Africa.
"Yes. If there is any harassment or ramped-up tax demands, you can tell us. We’ll handle it."
"Handle it?" Chai Ren muttered to himself.
Only now did he fully understand the chilling implications behind this word.
"Indeed. We’ll discuss the specifics of the shareholdings later. That’s the first purpose of my meeting with you today. The second is a warning to keep this a secret. If Tang Qing finds himself in trouble due to your loose lips, I can only say I’m sorry." The soldier did not bother to hide his threat.
Sorry?
While it might not mean murder, it was definitely not a comforting word.
Chai Ren was beginning to fear this power.
"You can rest assured, I won’t say a word. Tang Qing has nothing to do with what happened." Chai Ren quickly assured. He had no intention of inviting trouble and had already concocted a story just in case.
"That’s good. Now onto the third matter. As our partner, you’re entitled to some of the services we provide. First, currency exchange. For private dealings, we will charge a nominal service fee, but for joint projects, the fee will be waived. This only applies to currencies that can be exchanged on the spot. Any questions, Mr. Chai?" This was added by Tang Qing to avoid being short-changed due to rounding.
"Is the exchange in cash or bank transfer? Is the cash all new bills?" Chai Ren thought for a moment before asking.
"No, we only deal with bank transfers, and Tang Qing’s cash exchange service in US dollars will be discontinued." The soldier explained. If they were in their home country, it would be less problematic, but if large amounts of new US dollar bills suddenly appeared abroad, who knows if they would trace it back to them. Therefore, Tang Qing decisively ceased exchanging cash for US dollars.
"I see! Anything else?" Chai Ren didn’t bother to question the reason.
"Second, we can provide military aid in any cooperative area outside your home country, but they can only be used for self-defense, not for resale or war. Third, as our partner, you have the right to apply for our security services in dangerous areas. I believe you’ve already experienced our services. These are charged hourly at the rate of ten thousand US dollars per day per person, with a maximum of four people. If you are in danger, we will also offer help proactively without you needing to apply. However, afterward, you will need to pay us based on the rental rate.
Fourth, you can borrow from us, the loan amount varies according to your credit limit. For instance, Mr. Chai, you are currently eligible to borrow up to ten million US dollars, with an interest rate of one percent per month, and the loan will be made available immediately. Any questions?"
Having heard all these privileges,
Chai Ren felt like he was being pitched a sale.
But while others might be selling houses or cars,
This man was selling force and currency. As for the weapons, they cannot be considered as part of an arms dealer’s trade as they are for self-defense purposes only, so they fall under the security category.
Each privilege sounded fantastic, and Chai Ren felt a significant boost to his sense of security all of a sudden.
Just that the loan privilege felt a bit strange; he couldn’t grasp why the other party was into this.
"So how can I raise my loan limit?" Chai Ren asked curiously after some thought. Everything else was fixed, but the loan amount was adjustable.
"Mr. Chai, there are two ways to increase the loan limit. The first way is by the length of partnership. Each year, a partner’s base limit may increase by one hundred percent. The second way is by depositing money with us. Regardless of the amount you deposit, after a quarter, it will be returned to you. At the same time, your loan limit will increase by one and a half times the amount deposited. And when your total credit limit exceeds five hundred million US dollars, all loans will automatically become interest-free, but a collateral is essential, and it must be a fixed asset, regardless of the country." Tang Qing firmly trusts fixed assets like mines, buildings, and land. He does not accept the inflated market capitalization of some internet companies. Unless it is a certain profitable business, he avoids people exploiting loopholes to deceive him for loans.
"So you’re saying that if I deposit one hundred million US dollars with you, three months later, I can take it out and apply for a loan of one hundred and sixty million US dollars? You accept fixed assets from any country as collateral?" Chai Ren asked in astonishment.
"Yes."
Upon hearing this, Chai Ren got slightly excited. Even though he could secure a collateral loan with his connections, it would be problematic outside his home country, especially redeeming some mineral deposits in African countries. He mused that encountering a ’bank’ that ’eats’ anything was rare, he was unsure whether their venture was bold and fruitful or if they had been kicked in the head.
Probably the former.
PS: Thanks to our readers ’Ming Door, Mo’ and ’Mr. Huang 0’ for their tips, and for their support!
That is all for today. I’ve just got back home and typing this five thousand word Chapter was a task in itself.
