Chapter 911 Three Billion US Dollars
She absolutely refused to lend it!
“Yes…” Xu Chen seemed to find it difficult to say: “My father asked me to come.”
Even now, he still hasn't realized Lu Nanchu's aversion to Xu Yi.
Lu Nanchu's expression changed immediately: "Your father asked you to come? Did he say how much the loan amount was?"
Surely you don't not even know how much you're going to borrow?
"It's not much, just three billion US dollars." Xu Chen thought that her words meant there was hope for the Xu family's loan: "As long as the funds are in place, I think our family will definitely be able to get through this crisis!"
His tone was full of hope, and even his expression was somewhat excited.
He clearly assumed that Lu Nanchu would agree to the loan.
However, Lu Nanchu's next words plunged him into an ice cellar: "Three billion US dollars? Isn't that a lot? Xu Chen, it's true that my family owns a bank, but our money didn't fall from the sky. Can you guarantee that your family will be able to overcome this difficulty?"
"If you can't overcome this crisis and your Xu family can't repay our bank loan, can you accept the outcome of us suing you in court and seizing all your family's assets?"
She wasn't exaggerating; she was stating a fact that was highly likely to happen.
My cousin is determined to take down Xu Yi this time, it's a fight to the death!
Even if the Xu family doesn't go bankrupt, they will suffer a severe blow and will inevitably have to use all their funds to cover the investment required for the project. So how will they repay the loan then?
Xu Chen fell silent after hearing what she said.
Yes, all of Dad's promising projects were snatched away by my cousin. Now, where does he have any cash flow left?
However, both father and son own some real estate, but it's only enough to cover the investment amount needed for this phase.
If the investment cannot be delivered by next month, I'm afraid even the remaining projects will fall into someone else's hands!
It's really hard to say whether we'll be able to repay the loan.
"Look, you can't even say for sure if you can repay the loan, yet you want to convince me?" Lu Nanchu sneered and said calmly, "Xu Chen, if you want a loan of three billion US dollars, you first need collateral. What does your Xu family currently have to offer as collateral?"
Xu Chen had anticipated her question and blurted out, "Of course! My father owns two houses in California that can be used as collateral..."
"You don't mean those two houses in downtown San Francisco, do you?" Lu Nanchu interrupted him directly: "Don't you see what downtown San Francisco looks like now? Those houses are worthless!"
"You're using your San Francisco house as collateral. To be honest, that amount of real estate isn't enough to get a $3 billion mortgage loan."
In the entire city of San Francisco, only houses in the Greater Bay Area are valuable.
Elsewhere, prices plummeted.
The streets were littered with homeless people, the city looked terrible, and the security was terrible, so many long-time San Francisco residents moved away.
For no other reason than for safety.
Xu Yi, however, wanted to use his house in downtown San Francisco as collateral for a loan of three billion US dollars?
What are you thinking about!
Upon hearing this, Xu Chen was stunned for a moment, then murmured, "Are houses in downtown San Francisco no longer valuable? No way, when I was in college there, houses were quite valuable. How come they're not even eligible for mortgage loans?"
Did she not want to lend him the money at all? Or was she saying it on purpose?
Or has San Francisco really changed so drastically that even he doesn't know?
After all, he hadn't been back to San Francisco for a long time and didn't understand the US real estate market, so he really didn't have much of a say.
“You went to university there several years ago? The market has changed a lot since then.” Lu Nanchu couldn’t explain to him, “If you want to get a loan, you need to provide collateral that is at least half the value of the loan amount.”
"If you can't raise the money, then I'm sorry, the loan application cannot be approved."
Do I need to raise at least half of the loan amount?
Doesn't that mean you need $1.5 billion in collateral?
Upon thinking of this, Xu Chen said irritably, "If I could come up with 1.5 billion US dollars in collateral, why would I be in such a hurry? Why would I need to solve any urgent problems?"
"Nan Chu, if you don't want to take out a loan, then don't. Don't deliberately make things difficult for me here, okay?"
They're still husband and wife, after all. It's one thing for her not to help him, but she's actually making sarcastic remarks here!
Is this what a wife should do for her husband?
When did she become like this?
"I'm making things difficult for you? How am I making things difficult for you?" Lu Nanchu was puzzled and looked confused. "Bank loans require a normal collateral process. If you don't meet the collateral standards, the loan will indeed not be approved! Did I say something wrong?"
"Just because you're my husband, does that mean I have to give you preferential treatment and break our bank's loan regulations?!"
Given what he's done lately, the fact that she's here to explain things to him in a professional manner is already showing her good temper.
Xu Chen didn't speak, but the look in her eyes proved that she was right.
Lu Nanchu noticed his expression and said sarcastically, "If that's what you think, then you won't be able to get a loan from any bank!"
"Alright, I've said everything I needed to say. If there's nothing else, you can leave now and don't disturb my work."
She really didn't want to see him.
If he hadn't wanted to talk about the loan, she wouldn't have let him into her office at all!
Xu Chen was still unwilling to give up: "Nan Chu, are you really unwilling to help me? Are you really that heartless? So heartless that you want to drive our family to the brink of ruin?"
"Does doing this make you look good? What good will it do you if your in-laws fall from grace?!"
His voice carried a hint of impatience, as if he truly hadn't expected his plea to result in such a way!
Lu Nanchu remained unmoved: "It's not that I'm unwilling, it's that I simply can't help!"
"Go find someone else to take out a loan; it's impossible for me."
If you want to get a loan from their Lu's Bank, don't do those disgusting things before you get married!
Whether from a public or private perspective, she had no reason to help the Xu family.
Moreover, given her business relationship with Bo Jinyan, she had even less reason to help their family.
"Fine, I'm going." Xu Chen refused to believe he couldn't find a loan: "But I won't give up on getting a loan from Lu's Bank. If you don't agree here, I'll go talk to your dad!"
If Lu Jinan agrees, then even if Lu Nanchu is the president of Lu's Bank, she will have no choice but to bow down to him!
Thinking of this, Xu Chen left her office immediately after speaking, his steps quick and seemingly without a trace of resentment.
Watching his departing figure, Lu Nanchu dialed a number: "Hello, is this cousin?"
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