Chapter 113 Healthy Competition
"So..." Chen Cao looked up at the two of them: "Loans for ordinary people must be given preferential treatment and leniency first."
Both of them looked at Chen Cao, and Chen Cao pointed at Shen Zhuangling: "Sit down, I said, you remember."
Shen Zhuangling hurriedly asked the accountant to bring the Four Treasures of the Study, then she picked up her pen and looked at Chen Cao.
"For the common people, three types of loans can be set up: agricultural loans, injury and illness loans, and commercial loans." Chen Cao felt his mouth was dry, and he quickly picked up some tea to moisten his mouth: "Let's talk about agricultural loans first. Common people can get loans based on their financial ability. Set a minimum limit of 20 taels and a maximum limit of 10 taels, and allow them to freely choose the repayment time, with a minimum of three months and a maximum of one and a half years;
The second is the injury loan. Depending on their actual situation, the minimum is 20 taels and the maximum is 20 taels. Because of their circumstances, the repayment time can be favorable and can be repaid after up to three years;
The third is commercial loans, which encourage people to engage in business. The minimum amount is five taels and the maximum is one hundred taels. The repayment time can be arbitrary, and you can choose to repay in installments or in one go;"
Chen Cao remembers that when he was young, he always borrowed money from a certain platform to live in college. This pattern was not clear: "The interest rate must be favorable for the common people, and it must not be high."
After Shen Zhuangling finished writing, she looked up: "Uncle, how to set the interest rate? Three cents?"
Chen Cao shook his head: "Except for commercial loans, agricultural loans and injury and illness loans, the interest cannot exceed one cent."
"One cent profit?" Shen Zhuangling felt that she heard wrongly: "Uncle, you?"
"You heard it right. What I said is one penny of interest." Chen Cao knocked on the table: "This is the principle. You must remember clearly that commercial loans must not exceed two cents of interest. The specific interest will be based on their repayment. Time to choose;
If you repay in installments, the interest can be favorable. If you repay in one lump sum, the interest can be slightly higher, but it still must not exceed the interest standard I set. "
Shen Zhuangling nodded and quickly wrote it down.
Chen Cao thought for a moment and then added: "People are already living in poverty. Borrowing money is a last resort. It's like our funerals and marriages. The only thing that is painful is that they are covered with straw mats and buried hastily. If those poor families, Most people want to marry their daughters to rich people as concubines. That is better than marrying Kuhaha from a poor family. If this continues, the population of Ming Dynasty will never grow. There will be fewer people. The economy cannot improve. This is called the butterfly effect. Therefore, we must start from the people's livelihood instead of being ambitious and rhetorical from the beginning;
Loans involving the common people should be done according to the model I mentioned, so that the common people can borrow money. Of course, you must also do a good job in mortgage loans. If someone borrows one or two taels and cannot pay back, the market value of the thing they mortgaged will be Twenty taels, and the excess must be returned to others. This is the rule, and it is also my bottom line. Don't lose a large forest for some petty profits, maybe you understand? "
Shen Zhuangling nodded quickly: "I understand."
"Well," Chen Cao knocked on the lid of the tea, and then continued: "Businessmen's loans are the key point. We have resources. The amount of their loans is measured by the business they do. The specific amount can be confirmed on site. The mortgage period can also be Choose installments or one-off, and the maximum cannot exceed three years. You must leave enough time for businessmen to turn over funds. Don't kill the goose to retrieve the eggs. Their interest must not exceed three cents at most..."
"I have written it down." Shen Zhuangling wrote quickly.
Chen Cao stood up as he spoke, and then said: "Five million taels of silver, if no one makes trouble, we can last at least a month. When you loan out the loan, you must do a good job in registration. The Jin Yiwei must cooperate. You work, If we need manpower, we should select suitable people from the family members of Dingwu Army or Youwei, and give all the money-making work to our people, so that some people can get rich first."
...
"What? Not more than one point?"
An honest farmer in Jinhe Village in the south of the city put down his hoe and looked up at his eldest son who came to report the news. He looked unbelievable: "A few days ago, the Zhang Laoqi family next door just took a loan in the city, and there was no profit calculation. The profit is three points, and the three taels of silver will have to be paid back six taels when it is due, did you hear that correctly?"
The eldest son was also an honest person and nodded repeatedly: "Dad, I am illiterate, but Liu Xiucai from the next village is also here. In order to catch up with the exam, their family was so poor that they sold their cattle. No, after Liu Xiucai read the notice to us , based on his identity, he borrowed five taels of silver from Da Ming Bank and agreed to pay it back in three years, with an interest of only six cents... He only needs to pay back nine more taels of silver after three years..."
"Liuli?" Qin Laoshi opened his mouth wide: "Seriously?"
"It's true," the eldest son patted his leg: "The people at the bank said he was a scholar, recognized by the court, and could not run away. He could borrow money at low interest rates and use his identity to borrow money, unlike ordinary people who had to mortgage their land or houses. "
"So, then we can also borrow money at low interest rates?" Qin Laoshi asked again.
The eldest son's face showed joy: "I went to ask the people at the bank and told them my intention. They said that if it is for marriage, I can borrow money. The interest is 9%, and it can be repaid in two years. For four taels of silver, I only need to pay back seven more. It’s twenty cents, Dad, how good a deal do you think it is?”
"So low?" Qin Laoshi immediately put down his hoe and waved his hand: "Go and get the deed of our family's land, borrow some money, arrange the marriage between you and the second son, and pay back the money in two years. Go quickly."
"Okay..."
...
'Boom...'
Liu Kongzhao slapped the table vigorously, and then said angrily: "Isn't this malicious? One cent profit, if you continue to calculate like this, how much will I lose?"
The housekeeper lowered his head and said, "Uncle, everyone in the city who has heard the news now, whether inside or outside the city, has gone to Daming Bank to borrow money. Business is booming, especially the businessmen who came to us just a few days ago to inquire about loans. All of them Went to Daming Bank."
"Chen Cao, Chen Cao, you damn mother is really good at it." Liu Kongzhao was ready to eat people. After thinking about it, he ordered: "Find some local green skinners to lend me money. If you don't Here, let’s stink them up.”
The butler's expression was ugly, and Liu Kongzhao glared: "Why, are you full and want to rest?"
The butler hurriedly waved his hand: "Uncle, I don't know. After the villain learned about it, he discussed it with various shopkeepers and came up with this method. However, after searching all over the big and small gangs and street gangs in Jinling City, no one dared to take this business. .”
"What?" Liu Kongzhao stood up and frowned: "Then go look for him near South Zhili."
"I found it..." the butler said again.
"Looking for it?" Liu Kongzhao walked up to the housekeeper and grabbed his collar: "What did you say?"
"The nearby gangs and Qingpi didn't dare to take the business. After asking around a lot, I learned that they were released from Nan Town Fusi by Jin Yiwei just a few days before the opening of the Daming Bank." The housekeeper said with a sad face.
Liu Kongzhao was immediately discouraged. It was obvious that Chen Cao had come prepared, but it was impossible for so much of his family's business to just disappear, so he said viciously: "Let each shopkeeper send his subordinates to clear the door." Those who have land and real estate, all go and lend them money until they collapse. Also, let people go to distant places in Songjiang Prefecture to find people, and all come to borrow money. If anything happens, I will bear the responsibility. .”
"yes..."
On the third day of business, the number of people queuing up at Daming Bank continued to increase.
Chen Cao walked into the living room with a smile, looked at the various shopkeepers who came to report, and then listened to Shen Zhuangling's report.
"How's it going? How much money have you borrowed?" Chen Cao asked with a smile.
Shen Zhuangling handed over the account book: "As of yesterday, one million taels have been loaned out. The merchants have borrowed 700,000 taels, and the people have borrowed 300,000 taels. According to the uncle's plan, we have set up a short-term loan for the merchants. For commercial loans, they can get their money back quickly, and we can also get our money back quickly. I did some calculations and found that except for some businessmen who chose term loans, most of them are short-term loans. For these 700,000 taels of silver, we can get our money back within a year. You can earn back 200,000 taels within this period, or even a little more."
"Well, the interest rate for merchants is less than three points?" Chen Cao asked again.
Shen Zhuangling nodded: "Except for some businessmen whose prices are a full three points, the rest are below three points."
"Well done, are there any troublemakers here?"
Zhao Xin stepped forward and said: "Uncle, it is reported that Liu Kongzhao sent people to the capital of Nanzhili Prefecture to find someone to take over the business and make malicious loans. Then no one accepted the business, so they asked their men to lend money."
"Hahaha..." Chen Cao raised his head and laughed: "Liu Kongzhao is really stupid. Doesn't he know that there are people like Wei Guogong behind him? You idiot... Look at his arrogance, let him borrow money at will, his bank will let me I quite like it." As he spoke, Chen Cao smiled evilly.
...
"What? Loan for loan?" Liu Kongzhao stood up.
The housekeeper nodded: "They have launched a new project. I heard that it is only for businessmen for the time being. Yesterday, the people from Jinling Cloth Bank took 7,000 taels to repay the money in advance. The villain asked him if he had borrowed money from Daming Bank. To repay the loan, the interest given to him is only two cents and four cents."
"Damn it, you just settled it for them?" Liu Kongzhao asked.
The butler nodded: "Uncle, our bank is also a famous bank, and we are doing business. If others come to pay back the money, if we insist on them paying it back when it is due, wouldn't we destroy our own brand?"
Only then did Liu Kongzhao react: "What do you mean, they owed money to our family, and then they borrowed their money to repay our money first. Our interest rate is high, and their interest rate is low. After all, they made a profit?"
The butler had an ugly expression: "That's it. After careful calculation, those businessmen can save a lot of money during the turnover period, so they borrowed money one after another to pay us back first, and then slowly pay back the money to Daming Bank."
"Huh..." Liu Kongzhao let out a long breath, and after a long time he said with a sullen face: "Is this what you call healthy competition? No conflict? Prepare the car, I'm going out for a trip."
"yes..."
