"Miao Xingzhang, please sit down. What would you like to drink? Maojian or Pu'er?"

Belle Garden.

Ren Yan smiled and greeted warmly.

"No."

Although Miao Xingchang, who used to have a pleasant face, was still smiling, his expression was slightly stiff.

Ren Yan noticed something was wrong, but didn't think much about it and asked his wife to pour a cup of Pu'er.

"Mr. Ren, I came here today to deal with the two loans you made at our bank."

"President Miao, don't worry, of course I will not forget this. I have already prepared the money, but when the time comes, I may need President Miao's help."

Those who do business will inevitably have to deal with banks.

There are almost no rich people who do not owe money to the bank.

Ren Yan has always had loan dealings with banks and has a good reputation. The loan amount has gradually increased from the initial three million to tens of millions. He has also established a quite good relationship with President Miao personally.

Just like the routine used by rich people, after the repayment period expires, Ren Yan will pay the money back on time and then lend it out again. In this way, he borrows money from the bank step by step to grow his business.

"President Miao, I plan to open several new factories in Hanyang recently, so..."

Ren Yan also planned to follow the same pattern, intending to increase the loan amount again. It had been quite smooth before, and the other party would agree without hesitation, but this time the situation he faced seemed to be different.

"Mr. Ren, I'm sorry, our bank may suspend loan approval business in the next period of time."

“Loan moratorium?”

Ren Yan was slightly stunned and caught off guard.

"...Miao Xingchang, why is this?"

"The current general environment is not good, and all major banks are tightening their stocks and avoiding risks..."

"But President Miao, my cooperation with your bank has always been very pleasant. I have never defaulted on a loan from your bank."

Ren Yan said quickly.

"I know."

President Miao looked solemn and said methodically: "Mr. Ren has always been a high-quality customer of our bank. I believe you, Mr. Ren, should also understand that our bank will do our best for you, but this time, it is indeed a policy requirement. There is nothing I can do."

Ren Yan frowned and his eyes fluctuated, but he did not panic. Instead, he showed the composure of a successful boss and said calmly: "President Miao, Jin Hai has decided to increase investment in Tushun Automobile. My relationship with Tushun, You should also understand that I plan to expand the scale of production next. If your bank stops lending, I..."

The essence of a bank is to pursue profits.

The so-called worldly wisdom, in the final analysis, is nothing more than profit.

The reason why Mr. Miao had always opened the door to him was not because of the profit.

He felt that after hearing the news, the other party would definitely change his decision, but Ren Yan was disappointed, and the other party didn't even wait for him to finish his words.

"Mr. Ren, I'm sorry. My power is limited and there is really nothing I can do. Mr. Ren should try to find another bank."

Ren Miao's beautiful stepmother came over.

"Miao Xingzhang, drink tea."

Mr. Miao stood up without touching the glass of water placed on the coffee table in front of him.

"Mr. Ren, the loan is due in one month. I hope you can prepare the funds in advance."

Even if the policy changes.

But it’s not so decisive.

This sounds polite, but it is tantamount to forcing a debt.

"Miao Xingzhang, I will send it to you."

Even though he felt very uncomfortable, Ren Yan still forced a smile.

After seeing off Mr. Miao, Ren Yan came back and sat down uneasily.

"Isn't your relationship with Mr. Miao very good? Why is he so unkind this time?"

Weng Chun whispered.

Although she still has no children of her own, she is very satisfied with her current life as a rich lady with no worries about food and clothing.

"How would I know."

Ren Yan was puzzled and had no idea what the problem was.

The current general environment is not good.

This is something everyone knows.

Ordinary people can see it.

It is understandable that banks are tightening policy.

But Miao Xingchang's attitude was really too abnormal.

"How much money did we borrow from him?"

Weng Chun asked.

"Probably more than 50 million."

Ren Yan didn't hide anything.

"If he really doesn't continue to lend money, will we be able to repay the money?"

Weng Chun asked cautiously.

"It's only over 50 million, I can still afford it."

Having said that, Ren Yan's expression did not look relaxed at all.

Fifty million.

He can indeed pay it back.

But by then, the capital chain will become quite tight.

Those who do business are afraid that the capital chain will be broken. In serious cases, an otherwise prosperous company will go bankrupt instantly.

Moreover, Miao Bank's long-term cessation of loans will inevitably affect his subsequent plans to expand production.

Jinhai's increased investment in Tushun Automobile is also an important opportunity for them to prosper and prosper for downstream suppliers.

Not to be missed.

"I'll call other banks and ask."

There are far more than one bank in Seoul.

Ren Yan asked his wife to take her mobile phone and called all the major banks one after another.

But what’s incredible is that.

The responses given by the major banks were exactly the same as those of President Miao. Without exception, they all rejected his loan request.

Banks need to make money.

Otherwise, how can we pay interest to huge depositors?

No matter how much policy is tightened, it is impossible to completely stop external lending.

And he, Ren Yan, has a good reputation and excellent assets, so he will not even give him a chance to negotiate.

Weird.

It's really weird.

Blessings come in pairs, and misfortunes never come alone.

After being rejected, before Ren Yan could sort out his thoughts, he received a call from his subordinate.

"Mr. Ren, Henglong Instruments just sent a notice saying that it will terminate cooperation with us."

Ren Yan, who was in a bad mood, frowned fiercely.

"What's the reason?"

"They said our products didn't meet their requirements."

"Didn't I say that every product must undergo strict quality inspection before leaving the factory? How did you do it?!"

"Mr. Ren, I have already asked the quality inspection department. They guarantee that all the goods recently sent to Hang Lung have been tested and there will be no quality problems."

"We have cooperated with Hang Lung for seven or eight years, and it has always been good. Will Hang Lung still wrong you?!"

Ren Yan thought his subordinates were making excuses.

"Mr. Ren, I immediately contacted the relevant person in charge of Henglong to communicate. I asked them to send us the products they thought were substandard and re-inspect the quality to see what went wrong, but they disagreed.

"

Ren Yan frowned.

Another call came in.

"Wait a moment."

He answered the second call.

"Mr. Ren, Dongfeng Technology has suspended cooperation negotiations with us."

"Mr. Ren, Tuopu Group has reported us for unfair competition and has filed a lawsuit with the court."

…

The calls kept coming.

Weng Chun was panicked.

Ren Yan looked pale.
Chapter completed!