Rebirth of England

Chapter 25 Friendship

Chapter 25 Friendship
Barron glanced at the other person and knew that he was Burris, the representative of Northrock Bank. This bank had issued a total of 500 million pounds in loans to his family.

"Mr. Burris, if you didn't interrupt me, I'm afraid I would have already answered your question."

"In fact, I only care about whether our bank's loan can be recovered on time, Your Highness the Duke."

Barron faced the other party's direct gaze and said coldly:

"If you only care about this matter, then Mr. Burris, you can leave now. You will probably be wasting your time next..."

Being so suddenly ordered to be kicked out by Barron, Burris from Northrock Bank looked stunned and turned to react. His face turned green and red, and when he was about to say something, he heard Barron's faint words. said:

"I can answer you now. The loan will be paid back on time, and it can even be paid off in advance before the end of the month. But I want to remind you that if it is paid off in advance, I will not pay the subsequent interest."

Mr. Burris stood up, opened his mouth, and the few hairs on his head seemed to be shaking, and finally gritted his teeth and said:
"We will wait for you to settle the loan in advance, Your Highness the Duke!"

Then he left the study without looking back.

After Burris left, Barron looked at the remaining three gentlemen.

These representatives who can represent their respective banks are naturally not newbies. Regardless of whether they are cunning or not, the city government will definitely have enough.

Before Burris left, these people just looked at each other, and then looked at Barron together, without any fluctuation in their eyes.

"Now, Your Highness the Duke, can you continue talking to us?"

The speaker was Rolf, the representative of Barclays Bank. From the introduction they just met, Barron knew that Rolf was responsible for the credit business in London at Barclays Bank.

"Gentlemen, maybe you have seen or heard some reports and rumors about our family before. Indeed, we encountered a little trouble before, but these have been resolved."

"Your Majesty, has there been any progress in the 'London Star' case?"

As soon as Barron finished speaking, someone asked impatiently.

"Unfortunately, those stupid London police didn't give me any surprises. If the low efficiency of handling the case is not a surprise..."

Barron's words made everyone in the room burst into laughter.

"But in addition, we have other sources of funds. You must know that the Cavendish family has been passed down to this day and will not fall down so easily."

After a pause, Barron said seriously:
"I invite you all to come here today. In addition to reassuring everyone that the loans are completely risk-free, the main purpose is to select a partner for my future real estate projects."

"Can you tell me more specifically? Your Highness the Duke."

After hearing Barron's words, Rolf asked with interest.

"Because some business secrets are involved, I need you to show some sincerity..."

"What kind of sincerity?"

"You can choose to have us settle the loan after it expires, or even settle the loan in advance - of course, the subsequent interest will naturally need to be waived; or you can choose to extend the term of the loan for us and get further discussions about this Opportunities for real estate project financing cooperation.”

Barron shrugged and said:
"And you can rest assured that during the extended loan period, the interest will be paid on time." His words made the three gentlemen no longer calm, and they were all thinking about the pros and cons.

Not to mention whether the so-called "real estate project" mentioned by His Royal Highness the Duke is reliable, as far as the current situation is concerned, it seems that it is more stable to get back the loan.

But is it really that simple?Is it possible to gain more by taking a little risk?
After all, the loans they lend are not made out of thin air. They are all mortgaged by real estate. Even if the loan is ultimately unable to be repaid, the collateral can still be recovered. At most, it will be more troublesome to deal with the real estate.

"Your Highness the Duke, I'm sorry, but our first priority is to recover the loan, and we hope to have the opportunity to continue cooperation in the future. Of course, you don't need to settle it in advance, you just need to pay it back on time."

After thinking for a moment, one of the bank representatives stood up, shook Barron's hand, and said to him.

Obviously, this is a safer choice made by the other party.

Then, another bank representative made the same decision as him.

So after shaking hands with Barron, he left the study.

"Mr. Rolf, I can understand if you make the same decision."

The last one left was the representative of Barclays Bank. He smiled and said to Barron:
"On the contrary, Barclays Bank cares more about the friendship with His Highness the Duke. We can consider extending your loan term. However, if I can know more about the details of your real estate project, I believe I will be more confident in convincing the board of directors."

It has to be said that as one of the four largest private banks in the UK, and its loans account for more than half of the loans borne by the Duke of Devonshire family, if Barclays Bank can extend the term of the loan, then Barron's interview today will already be a success. Yes.

"Because this real estate project is still under planning, of course, we will definitely have a candid talk before the latest loan from your bank expires."

"That's no problem at all. Your Highness, Barclays Bank will always serve its customers wholeheartedly, especially you."

When he said goodbye to Rolf later, Barron stood in front of the study window and watched Rolf get into a car and leave downstairs, with a thoughtful expression on his face.

In fact, according to Barron's betting calculations, by the end of this Asahi World Cup, the funds he can finally obtain will be completely sufficient to repay the debts borne by the family at this time - considering that these loans are due one after another. , and even have time to use some of the funds for investment.

So the reason why he acted like this today, inviting representatives of these banks to meet in the study room to talk about the loan extension, can be said to have a purpose.

On the one hand, if the loan can really be extended, then Barron will have richer funds for investment, so that he will get more generous returns based on the memories of his past life.

After all, whether it is international oil prices or gold prices, from now on, in the next few years, they will be a long-term rising channel.Knowing this trend, and facing these two investment products with extremely large circulation, the only thing he lacked was sufficient funds.

Not to mention that the land he hopes to develop for the Victorian gas storage tank near King's Cross Station also requires a lot of capital - although pre-sale of real estate is allowed in England, the customer's payment time and proportion during pre-sale are very strict. There are regulations, and you cannot receive the full payment before construction of the building has started or before it is completed.

Therefore, for developers, developing commercial residential projects still requires a certain degree of financial strength.

On the other hand, it was actually a kind of test by Barron. He had once suspected that Viscount Bute had other allies in some plans against his family.Is there any cooperation from banks in this?

Therefore, when he revealed today that he hoped to seek financing from four banks for a future "real estate project", Rolf, the representative of Barclays Bank who finally agreed, caught his attention.

 The data during the new book period is related to subsequent recommendations, so follow-up reading is very important. I beg you not to keep it all the time. If you feel it is okay, read it every day to help increase follow-up reading. Thank you very much.

  


(End of this chapter)

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