Pang Yu took out a piece of paper and handed it over, "I have more than 30 properties in Tongcheng, some large and some small. The farmland is more than 1,000 acres, the upper field is 270 acres, the middle field is 400 acres, and the rest are lower fields and livestock farms.
As for the fish pond, I have newly purchased two shops along the river in Songyang. My brother asked Liu Ruogu to estimate the price. Brother Tang will see if it is enough."
Tang Weimin took over and said in surprise, "How can Brother Pang have so much land?"
Pang Yu waved his hand and said with a smile, "Those gamblers in Baishun Hall have pledged to me all these kinds of things."
Tang Weimin looked at it carefully for a while and said, "If it was enough in previous years, there could be more. But after the bandits this year, no one cares about the land, and there are many people selling houses in the city. If Brother Pang is in urgent need, it will be difficult to sell these things."
.”
"Brother Tang, let's see how much these are worth."
"It's only seven thousand taels, so that's too much.
The county government has pre-collected 16,000 taels of various discounts for the year, and there is still a shortfall of 9,000 taels."
Pang Yu said calmly, "Nine thousand taels, what does Brother Tang think of Baishun Hall in Anqing? Baishun Hall is still open and the business is not as good as before, but you can still make two or three thousand taels a year."
Tang Weimin narrowed his eyes, "Brother Pang is so willing."
"It's just a mortgage. I never thought I would be unable to pay it back."
Tang Weimin pondered for a moment and said, "The total value of Baishuntang's shop, furniture, and decorations is only two or three thousand taels. The most valuable thing is of course the brand. But now that Brother Pang is not in Tongcheng, if Fang Ying is doing it, Liu Xiucai and others
So what if we open another gambling stall and compete with Baishuntang?"
"So my brother made a special trip back and asked Ruan Jin to be the leader of the second shift. Other casinos in Tongcheng would not be able to catch up with Baishuntang so easily.
As long as it is mortgaged to the county government and the county government takes care of it, no one can compare with it."
Tang Weimin laughed and said, "I have known for a long time that Brother Pang is very thoughtful, so this is the collateral. Even if it is slightly insufficient, I should not blame him."
Pang Yu picked up his wine glass and touched it with Tang Weimin. These assets in Tongcheng were not easy to sell. Apart from mortgaging them, it was difficult to fully discount them. What he lacked most now was cash.
Mortgaging Baishuntang to the county government will tie the county government to Tongcheng Baishuntang, which will naturally suppress other casinos and save them from being distracted from the possible competition in Tongcheng.
After putting down the wine glass, Pang Yu said calmly, "Then let's talk about profit."
Tang Weimin looked at Pang Yu, "In the past, the monthly interest was three cents, and the annual interest was three cents and six cents."
"It is in line with the Ming Dynasty law that the monthly interest rate is three cents, but I just said that based on the current price, Brother Tang's three cents and six cents are only available in the years when the market is the best, and they are paid on a monthly basis. It may not be full every month.
"
"In many months, there are seven or eight cents. If Brother Pang borrows money on an annual basis, he can give you three cents and one or two cents."
Pang Yu smiled and said, "In the past, pawn shops and grain stores could make such a profit.
However, after the bandits came this year, the wealthy families in the city have moved out one after another. Most of the powerful pawnshops and grain stores have been closed. Brother Tang has not all loaned out the sixteen thousand taels, and some of the principal has not even been recovered.
, because two families outside the city had been killed by the bandits, and the debt was naturally wiped out.
When I borrow the entire loan, there is always an addition or subtraction."
"You can't hide anything from Brother Pang, how about two cents and eight cents?"
Tang Weimin knew that Pang Yu also owned two grain stores in Tongcheng, and he had an understanding of the market.
In the loan market in Tongcheng this year, all the aristocratic families went to Nanjing. There was not much money in the market. There were many people who wanted to borrow money, but even fewer who dared to lend.
Most of the people who borrow money in the city are living in poverty. It is difficult to sell the mortgaged houses in the city. Pawnshops are now very cautious about mortgages.
In previous years, the loans given to rural areas were large, with fields and the harvest of that year as collateral. However, this year the countryside is in ruins and it is difficult for various places to resume production. If the bandits come again during the autumn harvest, the loans will be in vain.
Although Dianxing did not have risk control at this time, it had a natural sense of risk aversion, so the Tongcheng loan market was very deserted.
Tang Weimin's money was indeed not full.
Tang Weimin lowered his head and thought, and taking advantage of this time, Pang Yu spoke again, "Brother Tang, when calculating interest, there is one more thing to take into account.
I took all of this loan, which reduced Brother Tang's risk. If we loaned money to more than ten companies in previous years, Brother Tang may have to worry more about someone running away this year. Even if other companies gave three yuan and two cents, if one or two companies suffered losses,
The principal will be lost and all the interest will be lost, but I have no such worries here."
Tang Weimin raised his head and looked at Pang Yuhou and said, "Brother, let me give you one more concession. The annual interest rate is two cents and five cents. It is a fair price."
Pang Yu thought for a moment and said, "Brother Tang, this price does not take into account the huge profit I will get from risking my own life to rescue Tongcheng when the bandits besiege the city in the future.
In addition, there is a small profit, and the brother plans to give Brother Tang two cents of the interest alone.
Brother Tang, please consider it carefully before giving me a quotation."
Tang Weimin rubbed his hands in embarrassment. Pang Yu pressed forward step by step with threats and inducements. He even used the rescue of Tongcheng as a bargaining chip. Every two points given to Tang Weimin was more than three hundred taels. This was extra for Tang Weimin. It was not a small amount, but it was definitely
It will only come from profit sharing.
After a moment of silence, Tang Weimin said, "Two... money, the two cents are outside and cannot be reduced."
Pang Yu thought for a moment and realized that the annual interest on sixteen thousand taels was 3,200 taels. Adding the two points given to Tang Weimin, it was 3,500 taels. This interest rate was not low and not outrageous.
At this time, Anqing's borrowing interest is still higher than this price, especially when trading in silver. There is a trend of less and less gold and silver on the market. Pang Yu can barely borrow such a large amount of funds at this price.
acceptable.
"As Brother Tang said."
Both of them breathed a sigh of relief and finally accepted it. Tang Weimin reduced the interest a lot, but Yang Erming should be able to explain that the pre-levy discount was sixteen thousand taels, which not only included the official tax, Liao pay, but also
Including the regular banknotes of officials and subordinates in the yamen, Tang Weimin would never dare to make mistakes, so lending to Pang Yu was considered the least risky.
In addition, it can strengthen the connection between the two parties. After all, the whole city is counting on Pang Yu to come to the rescue during the siege.
For Pang Yu, he only needs to pay the profits of Tongcheng Baishuntang to the county government, which can basically cover the interest, which is equivalent to obtaining 16,000 taels of long-term funds.
With this money, he could recruit several hundred more soldiers and equip some of them with armor. He Xianya also had the capital to go to Nanjing to develop the newspaper market.
"Brother, I wish General Pang that he will be promoted step by step and that he will be able to achieve great success in the future."
After the business talk, the atmosphere in the side hall relaxed again. Tang Weimin toasted enthusiastically, and Pang Yu also politely thanked him. There was no trace of the competition just now.
The weather in June and July is very hot and muggy even at night.
There was a lot of sweat on Tang Weimin's forehead. He had discussed business with many shopkeepers and had never been so nervous. After wiping it with his sleeve, Tang Weimin took out a folding fan and fanned it a few times. The wind was also hot.
If he were at home, he would have been lying on a bamboo chair in the courtyard to enjoy the cool air, and there would be a concubine like Xin Na shaking the fan, unlike Pang Yu, who didn't even have a maid to fan the fan.
Tang Weimin glanced at Pang Yu opposite him.
Pang Yu was also wiping sweat, and the white round collar was exposed at the top of her open robe.
Tang Weimin couldn't help but think of the soldiers in the garrison camp. They wore red uniforms when they lined up. When they arrived at the Ye family's old house, they put on this white round-neck short-sleeved shirt. I had never seen that style before. It seemed to be made of cotton.
It looks very cool when you wake up.
The two drank a few more rounds and chatted about trivial matters. Tang Weimin couldn't stand the simplicity of Pang Yu's place. He stood up and said, "This way I won't disturb Brother Pang's rest. Tang will leave first. Sixteen thousand taels are needed for two."
It will take a few months to get all the money together, but I don’t know where to deliver it.”
Pang Yu cupped his hands and said, "It will be settled in Tongcheng. I will ask Liu Ruogu to bring the house deed and land deed. I will get 10,000 taels first next month."
Tang Weimin glanced at Pang Yu in confusion. He still didn't know why Pang Yu was so anxious for money. According to the information he knew, Pang Yu had military pay, Anqing Baishuntang, and Dajiang Shipping Co., Ltd., which were definitely better than ordinary military leaders.
rich.
However, he had no intention of continuing to ask questions and hurriedly said goodbye to Pang Yu.
When Tang Weimin went out, Pang Yu quickly took off his outer robe, revealing the white short sleeves underneath. He picked up a cattail leaf fan and fanned hard for a while. He hadn't seen Tang Weimin for a while, so he still didn't want to be too casual.
At this time, the second entrance door rang, and Pang Ding came out slowly, approached Pang Yu and whispered, "Ruan Jin was at the side door just now, saying that Liu Xiucai went to Jiao Guozha's house, and we haven't found out what they talked about."
Pang Yu hummed, without any other expression, and seemed to have no interest in this topic.
Pang Ding looked at the wine glass left by Tang Weimin and said with some pity, "Master, you give them more than three thousand taels of interest a year. It's a pity that it's not enough. It's enough to raise soldiers for two or three months."
Pang Yu fanned the cattail leaf fan and waited until it was a little cooler and said, "This time I am here to dispose of assets. After the bandit disaster, all the assets in Tongcheng are non-performing assets. If those houses and fields are not disposed of, they will become even less valuable in the future. Now
This price is acceptable.
By mortgaging Baishuntang, we are equivalent to getting the profits of Baishuntang for several years at once. This is using future money to fight the current war."
"But we still have to pay a few thousand taels of interest every year, and it will be tens of thousands in a few years."
Pang Yu put down the cattail leaf fan and asked Pang Ding to sit across from him and said with a smile, "The decoration of this shop in Baishuntang is only two thousand taels. Now Tang Weimin is willing to mortgage it with nine thousand taels. Do you know why?"
"Of course Baishuntang can make money."
"The reason why Baishuntang can surpass other casinos is because, young master, I used to be the team leader, and now I am guarding Anqing. Tang Weimin thinks that Baishuntang will not collapse. I still have to pay for these sixteen thousand taels."
Up.
It means that the young master’s credit is increasing. What we have to do is to establish credit, expand credit, and then discount the credit. What is the most reliable credit now?”
Pang Ding said blankly, "Silver."
"It's violence."
Pang Yu blinked at Pang Ding, "War is the best breeding ground for finance, so you know what the next step is?"
"have no idea."
"The next step is to go back to Anqing and ask Magistrate Pi to be the middleman and borrow the pre-collection money from Huaining County, as well as Wangjiang County and the docks."
Pang Ding was stunned and said, "Master, you only have Anqing Baishun Hall, which is not enough to mortgage three families."
"Young master, I have already made the calculation. I will use Dajiang Shipping Company as a mortgage to various docks, borrow 30,000 taels, mortgage Anqing Baishun Hall to Huaining County, borrow 30,000 taels, use Lu Ying's military salary as a guarantee, and borrow money from Wangjiang County.
Ten thousand taels.
Including those in Tongcheng, there are 86,000 taels, and I still have 10,000 taels on hand. In this way, in a short period of time, I can recruit 2,000 soldiers, equip half of them with armor, and let them use the best.
Su Gang gun head, Su Gang blade."
"So, so what?"
"That is the most reliable credit."
Pang Yu stood up excitedly.
"What if the bandits don't come..." "I roughly estimate that I can wait for the bandits for a year. If they don't come after one year, my money will be used up. If I can't continue to raise funds, then I will have to go
Find them.
But that's not going to happen, I think I can wait at least two years."
Pang Yu snapped his fingers, "Because young master, I still have Jiujiang."
Pang Ding was dizzy. The young master actually asked for a loan of eighty thousand taels of silver. This was a figure that he had never thought of in his dreams.
At this time, Pang Yu had already reached the second entrance, and Pang Ding shouted at his back, "Master, please calculate how much interest we need to pay each year."
"Seventeen thousand taels...more" Pang Yu's figure disappeared at the door, and Pang Ding's hands started to tremble. He turned to look at the cup left by Tang Weimin, and suddenly covered his face and burst into tears.