Everyone was also very curious, but they didn't know when they saw Sang Da Shi, so they had no choice but to give up.

A letter of credit is not issued casually. When Kobe Bank issues this letter of credit, it is obliged to guarantee Yamaguchi Steamship's ability to pay the rent; once Yamaguchi Steamship goes bankrupt, Kobe Bank will be required to pay the rent and liquidated damages. (PS: Later Japan

The collapse and crisis of shipping companies meant that the Bank of Japan came to Hong Kong to make financial commitments, avoiding losses to Hong Kong shipowners and restoring the credibility of Japanese shipping.)

Douglas said: "I think he may have gained the trust of Japanese merchants, and when the Japanese saw that he was renting for a long time and there was a shortage of ships, they sold out this reputation."

Everyone thought it was reasonable and thought it was just an advertisement.

In fact, everyone does not know that Yamashita Tatsuro was moved by Lin Zhichao's sincerity when he saw that Lin Zhichao did not even ask for the insurance premium. As for the Kobe Bank, its manager only agreed to open it after Yamashita Tatsuro's persuasion and Lin Zhichao's guarantee.

Finally, Douglas said: "Okay! There is no problem with this loan. You can relax and take it seriously. After all, this amount is not small."

Project manager Charlie breathed a sigh of relief. He was about to retire and didn't want anything to go wrong.

As for the loan of three million US dollars, the manager of his project department naturally has full authority to make the decision.

Over the weekend, Lin Zhichao invited Sandus to play golf together and asked HSBC executives for their assessment of global shipping.

His goal is to complete the feat of 200,000 tons of deadweight in the second half of the year. To reach this goal, Global Shipping still needs to purchase a ship with a deadweight of 70,000 to 80,000 tons, which requires about US$5 million in funds.

Fanling Golf Course.

After Lin Zhichao arrived, he happened to see Old Madden, John Bao, and Sandus standing and chatting together, and immediately greeted them.

"Mr. Madden, I didn't expect to meet you again!" Lin Zhichao said calmly.

At this time, he did not know that Madden Sr. had almost made TCL become the "abandoned object" of HSBC's senior management.

As for the competition ahead, Lin Zhichao doesn't care, not to mention he is the winner.

Old Madden saw Lin Zhichao coming and knew that Lin Zhichao had found a backer like Sandus, but he didn't understand why Sandus had the right to give Lin Zhichao a loan?

"Mr. Lin, congratulations on getting a loan from HSBC. This makes HSBC break the industry's black record!"

There was no change in the faces of John Bao and Sandus, they looked like they were watching a good show.

Lin Zhichao smiled and said: "No, I don't have such a big reputation. Naturally, I have a very reputable collateral. I believe that if Mr. Madden proposes it, maybe HSBC will consider it."

Old Madden was dubious, and then he had no intention of talking nonsense with Lin Zhichao, and walked to the golf course with John Bao.

Sandus looked at the back of old Madden and said to Lin Zhichao: "Have you ever had any trouble with Madden?"

Lin Zhichao smiled and said: "If you are willing to listen to some small things, I will tell you in detail later!"

Sandus nodded, and then he and Lin Zhichao walked inside the club. He has been gaining a lot of points among the senior management of HSBC recently. Many senior executives believe that he has discovered a very powerful businessman this time. He has already been in the project department before taking up the post.

Make a contribution.

The other side.

John Bao and Madden Lao sat together, and Madden Lao immediately asked: "Chairman John Pao, if I want a loan from HSBC to purchase a ship, will it really go through? Could it be that HSBC has already decided to invest in shipping?"

John Bao shook his head without hesitation and said: "No matter what, we at HSBC still insist on not giving shipping loans, not even to Mr. Madden. Unless your collateral is not a shipping asset."

Old Madden's expression suddenly changed and he asked again: "Then why did you give the Chinese a loan?"

John Bao could only say: "He is different. He leased the captain to a Japanese shipping company. The lease period of a ship is at least three years; moreover, a Japanese bank issued a letter of credit for him; in addition, Sanda

The manager used his own future as a guarantee, and for various reasons, HSBC loaned money to Global Shipping."

Old Madden was stunned. He could not fulfill any of the three conditions.

After signing the contract for three years, wouldn't the profits be greatly reduced? Why would the Bank of Japan open a letter of credit to him? This is simply impossible; not to mention that there was no senior executive of HSBC to guarantee his future, and he and John Bao were just casual acquaintances.

"How many ships does Global Shipping have?"

"A lot, I can only tell you this! By the way, does Mr. Madden have anything to do with Mr. Lin?"

When Old Madden heard "many", he knew that Global Shipping might really have many ships. Could it be that it was 70,000 to 80,000 tons?

This is too fast!

"No big deal! It's just that this young man is very arrogant. He once boasted in front of me that he would surpass Wheelock's fleet within ten years. I thought it was a little funny!"

John Bao said seriously: "I'm afraid it won't take ten years! Maybe five years will be enough!"

"What? Chairman John Bao, are you kidding me?"

John Bao said with a smile: "Haha, maybe it's a joke! But there are really many benefits to leasing with Japan for a long time, which helps reduce risks."

Old Madden didn't know what to say for a while. This John Bao respected long-term contracts so much. It was obvious that Lin Zhichao had gained the trust of HSBC by virtue of this.

Next, Old Madden tried many times, but John Bao only revealed some general information; as for Old Madden's request for a loan, John Bao refused.

Obviously, HSBC treats them differently.

Old Madden knows that if Lin Zhichao joins HSBC, he will surpass Wheelock. It is not an empty talk.

John Bao finally said with a smile: "Actually, we are not really supporting Global Shipping, it is just a normal form of loan. Their collateral is very stable, so we will lend money. Long-term leasing is part of the stability, Mr. Madden can learn from it."

Learn from others.”

Old Madden could only say: "Okay! Maybe, he is really good, I admit it!"

Although he admitted that Lin Zhichao had gained the trust of HSBC by relying on long-term leasing, it did not mean that he would choose long-term leasing. Now that one trip is so profitable, why should he rent it for a long time at 75%, not to mention that if it is rented to the mainland, the shipping price

higher.

Before leaving, the two groups of people happened to bump into each other again.

Old Madden saw that Lin Zhichao's expression had changed, because he had received a certain signal that Lin Zhichao's fleet was already very large.

After greeting everyone who saw them, everyone dispersed.

On the way, Lin Zhichao thought about old Madden's attitude and knew that he had used his strength to win the respect of others.

Madden may not necessarily know how many ships he owns, but he must have understood that he owns many ships and is backed by HSBC.

In this way, there will be a lot less trouble in the future.

Of course, in business, competition is still necessary.
Chapter completed!