blackstone code

Chapter 63 Be a person who knows gratitude to gain more friendship

"A total of... 320 million forty thousand!"

In Joe Grimman's office, he looked at the statistics book in his hand in awe, and couldn't help but let out a tone of exclamation.

When Lynch told him that there were several million in collateral, Joe Grimman thought that was probably an exaggeration, as is often the case in finance.

Various installments, discounts, and discounts made people never have much confidence in the numbers that others said. Unexpectedly, Lynch gave him a surprise.

He put down the statistics sheet and adjusted his sitting posture slightly, "It's an astonishing number, but you should know that I can't lend you the loan according to the estimated value. It can only be 50.00% at most, no more!"

He dialed the statistics sheet with his hand again, and the expression on his face showed some regret, "These are not high-quality resources, and the risk of the bank is still very high, so..." He shrugged and looked at Lynch again. .

Banks have their own professional appraisers. When they count these things, they find that there are no valuables that are very tight and can be sold immediately, such as precious metals, such as gold, or some easy-to-realize things such as jewelry.

On the contrary, some things that are not easy to get rid of, such as some daily necessities, some appliances, most of which are houses and cars.

Sabine is not a big city, it is not the capital of a state, nor is it the center of the federation. The preservation rate of houses here is not very safe, and most of the houses mortgaged in these agreements are houses in ordinary communities, and there are no middle-class communities and Uptown house.

The most valuable real estate in small cities basically refers to those houses in middle-class neighborhoods and top-class upper-class neighborhoods, where they have the best locations, the most beautiful views, and the most complete supporting services.

Such a house can be sold easily, as long as it is lower than the market price, 15.00% to [-]%, it can be said to be sold immediately.

However, this is not the case for houses in civilian communities. Real estate development in civilian and slum areas, especially residential development, is a thankless thing, and a slow sales cycle can easily drag down real estate developers.

In addition, some people like to mess around, and those poor people like to break into and live in houses that are not for sale, and often cause some trouble.

The local laws of some federal states have stipulated that after living in someone else's house for a certain number of years, they can naturally acquire the property rights of the house, which also makes many people more keen to find those houses that have not been sold, or find a house that has already been sold. Relocated vacant residence.

The chaotic environment of civilian areas and slums, and all kinds of creepy street culture are the reasons that restrict the rise of these housing prices. This is not to say that they are not valuable, but it is difficult to realize their actual value.

The same is true of cars. There are no luxury car brands, most of them are ordinary car brands, and there are still some years. Some appraisers think that there may be stolen cars that give up accountability.

The road to the realization of these things is full of twists and turns, and it is difficult to say whether it can keep the capital if it is really hit in the hand.

If Lynch really wants to exchange these things for a sum of money, it is only this transaction, Joe Grimman will be more cautious, and even refuse to do business with Lynch, he would rather not have this transaction, and also Unwilling to take risks.

But he already understood Lynch's thoughts. The money he gave Lynch would be given to Gatnau Finance Company to achieve continuous rotation.

By then there will be more such agreements being mortgaged to the bank, and it will eventually roll out a staggering number, so he doesn't mind such a business.

Joe Griman thought for a while, "I'll give you 160 million at most!" He felt that this price was quite safe, and Lynch had no need to object. For 160 million, he could get a service fee of 16, and almost One to two times the expected benefit income.

This transaction alone brought Lynch an income of no less than 25 yuan, which was much faster than changing change, and at the same time, he did not need to pay the bank even a penny of interest.

This part of the interest is paid by Gattenau by entrusting Dyson Asset Management with full management of the assets and paying a "management fee" for it.

In other words, Dyson Asset Management completely cut the relationship between Gatnau Finance Company and Jinhui Bank during the whole process, which is the basis for the cooperation between the two parties.

Lynch agreed without getting more shares, which made Joe Grimman more favorable to him, and a smile appeared on his face, "Do you want a check, a cashier's check, a money order or an account transfer?"

So far, the six major federal banks have limited cheques, and it is impossible to issue millions of cash cheques, not even transfer cheques. Cheques are too easy to forge, plus some technical reasons, it is difficult to achieve.

Joe Grimman actually meant petty cash checks, but apparently Lynch had a different view.

"I want cash!" Joe Grimman was stunned as soon as he said it. It wasn't that the bank couldn't take out the cash, it was just that a large amount of cash required a series of procedures to come out of the closet, which was a bit troublesome and might even require the police There are two people from the bureau to cooperate.

Looking at Joe Grimman's expression, Lynch frowned slightly and stretched it out randomly, as if he didn't care and asked, "Can't you?"

Joe Grimman thought for a moment, and finally nodded, "It's not impossible, it's just very troublesome, there are many procedures, I have to make documents first and then send them to the branch and headquarters, and there are some other judicial procedures. , it will take at least four to five days.”

"I can wait!" In the face of these difficulties, Lynch did not flinch at all. The two looked at each other for two or three seconds, and Joe Grimman nodded, saying that the deal would be completed as soon as possible.

Lynch stood up at the right time, "Then..."

Joe Grimman also stood up and stretched out his hand across the desk, "Happy cooperation!"

After sending Lynch away, Joe Grimman smiled and shook his head. He knew why Lynch wanted cash, and his attitude was so tough.

Issuing a certificate of millions of cash is enough for Lynch and the others to confuse more cash. To put it simply, the bank issued a certificate proving that Lynch took 160 million in cash from the bank. Then in the subsequent work, As long as the amount of cash he withdraws at one time does not exceed 160 million, it can be said to be legal, as long as he is smart enough.

In other words, Lynch can mix more, 100 million, 200 million or even more money into this certificate, and wash it thoroughly. He is really a smart person!
After signing this deal and a series of follow-up cooperation in the future, Joe Grimman was in high spirits. In the evening, three of his subordinates invited him out to celebrate. They could probably get a lot of commissions from this deal. There are reasons to indulge.

This is the daily routine of working with money, making money, making a lot of money, and then completely indulging in a constant cycle.

Joe Grimman declined their invitation. As the manager of the credit department, it was not suitable for him to appear with them at this time. He needed to avoid it.

When driving back home, park the car, and subconsciously check the mailbox when passing the yard. People like him receive letters from all over the country every day, some are from colleagues, some are self-recommendation letters from major foundations, and others Subscription or free financial services of some various financial institutions.

After dinner in the evening, he stayed with his wife and children for a while, and after watching TV for a while, he went back to the study alone and started to deal with the letters.

What surprised him was that the first letter had no postmark, nothing on the envelope, no sender, no recipient, not even a word.

Confused, he cut the letter with a letter knife. The room at night was never as bright as it was during the day. His dilated pupils quickly contracted when he saw the contents of the envelope.

A check, a check for 3 yuan, and the check smelled like ink!
Although there was nothing on the envelope, he knew where the check came from.

(End of this chapter)