With all his gambling chips in hand, Ian took his seat at the figurative gambling table and began to set up his trap.
Jasper did not waste any time either.
Jasper arrived at ICBS’ Waterhoof City branch early in the morning.
With Vita’s help, Jasper had a very joyful negotiation with the Waterhoof City branch.
At noon, Jasper paid the 300 million in cash and signed a land transfer agreement with ICBS.
Jasper then had his capital verified by the ICBS, which received a joint guarantee agreement issued by Schuler Group in the Southeast Province. He obtained a commercial loan credit for a maximum of 12 billion right off the bat.
Walking out of the branch’s doors, Jasper shot Vita a smile. “That’s one hell of an ambitious bank you work at.”
While he only needed eight billion funds to kickstart his plan, the ICBS seemed to have more in plan for a ‘cash cow’ like him. They signed him the maximum amount of commercial loan credit the Waterhoof City branch was capable of—12 billion Somer Dollars.
Vita understood what Jasper intended to say and smiled. “It’s mainly because we believe that Mr. Laine has the best assets and is worthy of our trust. Not to mention that with Schuler Group’s joint guarantee agreement, we would easily provide a commercial loan of 20 billion if not for the matter of our limit.
“We would need the approval from the headquarters if that’s the case, and it’s a waste of time.”
As a person who had lived two lives, Jasper was well aware of why these people completed the procedure in record time. Jasper chuckled. “I’m pretty sure you were afraid that I’d be tempted by the other banks, no? A 12 billion Somer Dollar loan, at the lowest interest rate possible, will still cost me 150 million. Let alone a 20 billion loan.”
Vita laughed loudly. “The bank doesn’t have much of a choice. The competition is too strong.”
Jasper smiled but did not comment on it.
That was how banks worked. They would stuff your pockets full of money when you needed funds but would turn their backs on you when you needed to borrow money for emergency’s sake.
Jasper was well aware that every industry had its own unspoken rules. This was just one of the bank industry’s rules.
“Oh, right, Mr. Laine. There are still a few properties on that piece of land, mainly a few old commercial buildings. According to the contract, the property rights to those commercial buildings now belong to you, but there are a few tenants there. If you want to get rid of them, I’d suggest you do it as soon as possible.”
Vita’s words had spoken precisely of the main reason why Jasper wanted that plot of land.
“I’ve done some digging and I think there’s a G.S. Trading Export Limited Company there? I heard they signed a ten-year lease in one go,” Jasper asked, seemingly casually.
“They did. This business is actually one of our clients too. They borrowed two billion in funds from us for business operations. Their president, Ian, is an old acquaintance of mine. Quite the gloomy man, and I wouldn’t say that we’re close friends,” Vita explained.
Jasper furrowed his brows slightly.
It was a pleasant surprise to know that the Hull family had borrowed a two billion Somer Dollar loan from the ICBS’ Waterhoof City branch.
“I consider us friends, Mr. Layne, so I’ll let you in on something I found out. Lest your branch ends up suffering a loss,” Jasper suddenly piped up.
Vita was stunned. He had been present when they verified and investigated Jasper’s capital, so Vita was well aware of the horrifying wealth Jasper held in his hands.
Any news from such a young billionaire must be thundering.
As such, Vita immediately brightened up and spoke seriously, “Do tell, Mr. Laine. If your words ring true, then this is a favor I and the branch will hold dear and remember.”
Jasper smiled and waved his hand dismissively. “You’re too kind. I’m just telling you because I can’t bear to watch a friend get dragged into such matters.
“I heard that G.S. Trading Export Limited Company had two of their cargo ships, worth a total of 600 million, get detained at Harbor City. I think they’re suspected of smuggling.”
Jasper clapped Vita’s shoulder as he spoke. The latter was dazed by the news. Jasper continued to speak intently, “Their company has been keeping quiet about this and they’re trying their hardest to mediate the situation. But you know how it is with smuggling, it’s a big deal.”
