Fang Jinglan did not break his promise. That afternoon, he summoned several shareholders of Baoyifeng to discuss with them about the loan to Lin Xu!
Although some shareholders expressed their unwillingness to trek into this muddy water, some shareholders said that even if they lend money to Lin Xu, it would be enough to make a difference, and the amount of loan should not be too large!
However, Fang Jinglan finally convinced everyone and passed a loan of one million taels of silver to Lin Xu and a plan to charge a fee according to the minimum interest rate in the market!
Afterwards, Fang Jinglan kept gathering several other powerful money shop owners in Jiangnan and called on them to lend Lin Xu a loan!
In the end, through their unremitting efforts, these money houses also raised a total of one million taels of silver!
But this is not over yet, good things come one after another!
After Wang Yu heard that Lin Xu was preparing to promote reforms in Jiangsu, he also admired Lin Xu very much!
Wang Yu, who always yells about not wanting to go home on weekdays, turned out to be normal this time and took the initiative to return to his hometown. Before leaving, he solemnly told Lin Xu: At least one million taels of silver should be prepared for Lin Xu! Otherwise, Come and see you!
Sure enough, less than half a month after Wang Yu returned home, he asked someone to send a letter, and the one million taels of silver was prepared, and soon the Hongyun Escort Agency would be entrusted to Suzhou!
At this point, the problem of funding gap has basically been solved!
With the strong support of Liu Mingju, Lin Xu and his team, after more than a month of busy work, basically completed the major event of reforming and reliance!
Finally, about one-third of the victims chose to sell the land at a price of 40 stones per mu, while the other two-thirds of the victims chose to borrow grain from Linshan Store, but they all signed an agreement and waited After the flood receded, mulberry seedlings were planted in the fields, and the raw silk produced later was also purchased by Linshan Business.
In this way, Lin Xu not only became the largest landlord in Jiangnan, but also became the largest silk merchant in Jiangnan!
Of course, Lin Xu also bears huge debts.
In addition to the three million taels of silver he borrowed from several major banks, Liu Mingju also raised five hundred ships of grain for him. Although these grains were uniformly dispatched and used, they did not mean that they did not need to be returned. These grains are worth more than two million taels of silver at normal market prices.
In addition, he still owed Song Changji who ran away one million taels of silver!
The combined amount of these big heads alone will cost more than 6 million taels of silver!
Many people say that after completing the major event of reform and relief, Lin Xu has replaced Song Changji and become the new richest man in Jiangnan!
Lin Xu could only smile bitterly when he heard this. What is the richest man, the richest man, the richest man is almost the same!
However, despite his huge debts, he did not feel much pressure to repay debts. Not to mention how much profit his silk business can bring in the future, just the products of their Linshan Business are enough to make him a fortune. A lot of money!
Based on the popularity of soap and perfume gift boxes, he gradually launched products such as transparent soap, laundry detergent, shampoo, floral water, mosquito coils, brown sugar, white sugar, etc., because these are all available in daily life. The prices are not expensive, and ordinary people can afford them. In addition, most of the products are unique in Daning, so they are very popular and are often out of stock!
In addition, he also developed glass products that focus on the high-end market. These glass products are low in cost and high in profits, and are deeply loved by rich people and even become symbols for rich people to show off their status!