Tycoon: I Have an Unlimited Modifier novel Chapter 333

Chapter 333: Chapter 183: Don’t Raise Flags Carelessly

The Series B funding was almost guaranteed to skyrocket.

As a smart man, Zhou Yu certainly wasn’t foolish enough to wait until Spicy King went public before trying to curry favor with Qi Sheng.

If he really waited until then, even a branch president like himself might not have the standing to meet Qi Sheng.

The helmsman of a hundred-billion-yuan giant would be dealing with top executives from the Chengdu Head Office of China Construction Bank.

"To be honest, President Zhou, several of our group’s projects are currently in full swing, and funds are a bit tight."

"I’m planning to put some of my properties up as collateral, and I was hoping you could give me a satisfactory valuation, President Zhou."

Qi Sheng didn’t beat around the bush and stated his request directly.

"A small matter."

Zhou Yu breathed a sigh of relief, a smile returning to his face.

"As long as there’s collateral, it’ll be very easy to handle."

"That’s great. At Huayue Mansion, I have two entire floors. They cost me over sixty million back then."

"Additionally, I have properties in Yitai Tianjiao, Renheng Riverside Bay, and Lushan Changdao International, which cost another forty million."

"All these properties cost me 110 million to buy, and their current market value is around 130 million. How much can you help me get for a loan, President Zhou?"

After tallying up his personal assets, Qi Sheng startled even himself.

"That many properties?"

Zhou Yu was also shocked. ’As expected of a top-tier scion,’ he thought.

The properties he owned were spread across all of Chengdu’s most prestigious luxury residential complexes.

"It’s nothing worth mentioning."

Qi Sheng gave an understated smile, which paradoxically made him seem all the more profound and inscrutable.

"Normally, a property-backed loan can get you seventy percent of the value at most."

"However, Chairman Qi is an ultra-high-end private banking client with China Construction Bank, and you also own multiple companies with excellent credit."

"I can get you ninety percent. As for the interest rate, we’ll set it at 4%. It’ll be a three-year term, interest-only, with the flexibility to draw and repay at will."

Zhou Yu wasn’t the least bit worried about Qi Sheng’s ability to repay the loan.

These luxury properties also had significant appreciation potential.

Even if the bank ended up having to take them over, they wouldn’t lose any money.

"Perfect. We’ll do as you say, President Zhou."

Qi Sheng was very satisfied.

A ninety-percent loan-to-value ratio was definitely a privilege an ordinary person could never imagine.

The 4% interest rate, on the other hand, was hardly worth mentioning.

After all, the loan amount was substantial.

A rate that was too low would be unjustifiable.

It was, in fact, perfectly consistent with the rate he got for his mortgaged office building.

"Haha, as long as Chairman Qi is satisfied."

Zhou Yu also breathed a sigh of relief. He had been worried Qi Sheng might be too greedy.

It now seemed that Qi Sheng was not only powerful but also reasonable.

"Manager Wang, serve the food!"

Wang Qi, who had been waiting at the side, was utterly shaken.

As a mere employee, he didn’t even have a roof over his head in Chengdu.

And yet his own boss’s luxury properties were worth a total of over one hundred million.

The gap between people was especially stark at that moment.

Since it was lunchtime, Zhou Yu didn’t drink too much.

Still, he and Qi Sheng each managed to finish a bottle of aged Maotai.

"Chairman Qi, the quality of this restaurant of yours is truly top-notch in Chengdu!"

Zhou Yu was full of praise for the food, giving Qi Sheng a thumbs-up.

"If you like it, President Zhou, feel free to come by more often. We’re friends; there’s no need to be so formal."

Qi Sheng beckoned to Wang Qi, who understood and handed over a black, metallic VIP card.

"President Zhou, our group recently launched a membership system."

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