C1785 Ugly Face(last Part)
The first loan costs eighty million dollars for land collateral, the second loan requires no collateral but usury...2
Furthermore, the loan did not even reach 100 million yuan. It could be said that tens of millions of yuan was like a drop in the bucket. Entertainment companies spend too much and reap too much time.
The more it was like this, the more Yao Hui felt that Lin Fann's promise was unreliable. As long as she could survive for a week, she would be able to solve the funding problem. The loan is so unreliable now, can it really be settled in a week?
Yao Hui glanced at Lin Fann, who was sitting at the side. When she saw the latter's smile, Yao Hui was stunned for a moment before she quickly recovered. For some reason, she suddenly felt confident.
Looking at the last representative, she smiled, "So it's the representative of the Central Hang Bank, I hope you can give me a surprise."
The difference between a private loan and a bank loan was that one was informal while the other was formal. The common denominator was a vampire, but who drank more?
The representative of the bank put down his pen and looked at Yao Hui with 100% confidence, "Director Yao, the loans of the two brothers above are too harsh. One needs to mortgage the land, while the other one is usury, they are not even close to our bank."
"Then tell me how much you can lend me. Tell me your conditions."
Yao Hui's voice was very calm, even a little apathetic, and was not the slightest bit affected by the representative's words. Fifty steps and a hundred steps, wasn't the result the same?
"We can lend you one hundred and fifty million, and I believe that this loan will definitely help your Longhu Entertainment to survive this ordeal."
The smile on the representative of the bank became more and more brilliant: "Director Yao, the current situation of your Longhu Entertainment, I don't need to tell you more about how to make the choice right?"
One hundred and fifty million sounded really tempting.
Although they did not hold much hope for the bank, they were truly surprised to hear that it could lend so much. Just like the representative of the bank said, if he could get this one point of five hundred million, his Longhu Entertainment would immediately emerge from this predicament.
However, Yao Hui was so excited that she didn't forget about the trap and asked, "Tell me your conditions. It can't be that you're lending it to us for no reason, right?"
"Director Yao, you should know that our bank has always valued our interests, to put it bluntly, it's for the money."
At this point, the representative of the bank changed the subject: "The interest rate is 10%, and we offer two forms of repayment, equal principal and equal principal and interest."
10% interest rate, 150 million interest rate was 15 million. There was no need to compare the two methods of payment. Although an equal amount of principal could be reduced month by month, it would still be very stressful in the beginning.
As for the equivalent amount of principal and interest, it would be more than enough to pay off a pot of the remaining 500 million. He hadn't even mentioned how long it would take for the money to be repaid. If he counted it, he would find that it was all a huge trap.
A huge pit that made people unable to stay calm, a road that made even dragons and tigers happy to pay their debts. To be precise, this kind of loan has no effect at all.
"Your Bank of Zhonghang has a good plan. On the surface, it looks like you guys are the best. But in reality, you're even more deceitful than them."
Yao Hui mocked, "We're all the same hill. What can we talk about? Your payment conditions are too harsh."
"Director Yao, I feel like we have to keep our sights set on the long term and not think highly of the small gain in front of us."
The representative of the bank crossed his arms. "What your Longhu Entertainment needs to do the most right now is to jump out of their current predicament."
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