People in the Republic of China era began to rise from industry.

What exactly happened to cause Chen Daochang to have such a misunderstanding?

For a time, Lin Yi was also at a loss.

There's no need for fair-weather friends like Chen Daochang to know this.

So Lin Yi laughed it off: "Brother Chen, Jincheng is your territory."

"With you here, how could my little squabble with Song Wenchang possibly affect my mortgage loan this time?"

As soon as he finished speaking, Chen Daochang's hearty laughter came from the other end of the phone.

It was clearly this flattery that hit the nail on the head.

"Brother Lin, in short, the matter is settled. The quota approved for you is exactly the same as your application, not a penny more."

"I've already spoken to my staff. You just need to arrange for someone to come and handle the formalities tomorrow."

"it is good."

Lin Yi agreed, then made another appointment with Chen Daochang at New World that evening before hanging up the phone.

Afterward, he sat in the chair and thought for a while, gradually making some sense of things.

Although Chen Daochang only mentioned it briefly, it contained a lot of information.

Instead of being obstructed or harassed by Song Wenchang, my trial balloon was likely to receive his favor.

Otherwise, Chen Daochang would not have mistakenly believed that he had dealt with Song Wenchang.

Only Lin Yi himself knew that he had not met with Song Wenchang so far, nor had he even asked someone to pass on a message.

There was also no action taken by Song Wenchang at the alkali plant.

Therefore, the animosity between the two sides remains very strong.

There is absolutely no way that Song Wenchang could be appeased.

This inexplicable favor is definitely suspicious.

As for what kind of trickery it was, it was easy for a seasoned businessman like Lin Yi to figure it out.

The most likely explanation is that Song Wenchang plans to raise piglets!

Lin Yi invested in both alkali plants and metallurgical plants.

Although none of these can be considered major projects at present.

However, these frequent actions were accompanied by obtaining loans from banks.

With Song Wenchang's insight, he could certainly have realized that Song intended to use financial leverage to rapidly expand his business.

Song Wenchang understood the benefits and risks involved, and Lin Yi, who dared to do this, certainly understood them even better.

If managed properly, it is indeed possible to expand the industry in a short period of time.

However, at the same time, as loans accumulate, interest expenses will become a major constraint.

If the various industries develop smoothly, the continuous profits generated can certainly cover loan interest.

However, if a problem occurs in any link, it can lead to a tight cash flow.

Then this restrictive constraint will take effect.

Especially when someone is pushing things along from behind the scenes.

At that time, the industries that Lin Yi has rapidly expanded using financial leverage may collapse like dominoes, with the collapse of one link causing the entire system to crumble.

Bankruptcy and closure, burdened with huge debts, and utterly doomed.

This must be the ending that Song Wenchang envisioned for him.

As for the assets mortgaged to the bank, with Song Wenchang's methods, he will definitely be able to take them all over at a very low price.

It's like planting a tree for others to enjoy the shade – a perfect outcome that brings in a fortune in one fell swoop.

It would be far more rewarding to simply kill Lin Yi, this 'little guy,' at this point.

Having figured these things out thoroughly, Lin Yi smiled and lit a cigarette.

It must be said that Song Wenchang had a very good plan.

With his power, looking across the entire country, very few people who dare to use leveraged funds can escape his grasp.

Unfortunately, he ultimately miscalculated.

Not to mention that he has a system at his disposal, he also has business experience accumulated in another time and space.

There's absolutely no need to worry about profits.

Most importantly, this guy only considered the economic benefits, but completely ignored the political ones.

He didn't even consider what would happen when his bank loans reached a certain level.

That's not just a simple economic calculation.

Lin Yi lightly exhaled a smoke ring, stubbed out his cigarette, and stretched.

Good thing!

Since Song Wenchang is being lenient with us, we should definitely make good use of it!

So in just three days, Lin Yi mortgaged all of the Lin family's original assets.

They specifically sought out banks in which the Nationalist government had a stake.

His shipping, warehousing, and daily chemical factory, and even the villa in Lin Mansion, were mortgaged for 100,000 yuan!

The smoothness of the process and the speed of the loan disbursement completely validated Lin Yi's judgment.

It was Song Wenchang who was abusing power.

According to Lin Yi's previous estimate, the Lin family's assets should have been discounted by 40%.

Discard the textile factory that has already been mortgaged to Jincheng.

With assets of over two million, theoretically, the maximum loan one million could be obtained.

But now, after going through several banks, the loan amounts approved by them are all calculated at a 50% discount, just like in his application materials.

So it only took three days, including the 400,000 yuan that Jin Cheng Bank received.

The total loan amount of 1.8 million has been received.

Adding to the loan obtained through the bicycle business, plus the Lin family's savings, the remaining amount was nearly 200,000 yuan.

Lin Yi's cash flow quickly climbed to two million.

"We need to get the sales and promotion of the equipment moving immediately. Tell me your ideas first."

In the office, Lin Yi was writing a project proposal for the mortgage loan of Fenghua Metallurgical Plant while asking Liu Jing a question without looking up.

Liu Jing looked at the fountain pen in his hand, which was moving without stopping for a moment, and his eyes were full of admiration.

"Doing two things at once" perfectly describes Young Master Lin's state, right?

He is indeed a genius!

After silently praising him in his heart, Liu Jing then began to explain his marketing strategy.

“Mr. Lin, I’ve been thinking about this for the past couple of days.”

"I think we can follow the same path as Fenghua Bicycles in marketing and promoting our textile equipment."

As he spoke, Liu Jing cautiously glanced at Lin Yi.

He wasn't sure if his idea met Lin Yi's requirements.

"Specific ideas."

Lin Yi continued writing furiously.

Although Fenghua Metallurgical Plant is only in trial production, there are already some rumors about its special steel production.

Therefore, all he needs to do is clearly state this point in the project proposal, along with some testing data and market expectations.

They are now eligible to renew their bank loan.

The total investment in the metallurgical plant wasn't much, but Lin Yi himself estimated the special steel technology to be worth ten million.

Therefore, based on 80% of the equity, Lin Yi increased the application amount to five million.

Previously, the chances of getting a loan with only a glimpse of someone's birth chart were extremely slim.

But it is different now.

The Finance Minister has given me the courage to soar to great heights. Under these circumstances, if I don't take off, I would be letting down Finance Minister Song's good intentions.

Even with a discount at the end, four million is definitely achievable.

With this money, in addition to meeting the expansion needs of the metallurgical plant, there is also the third investment for the alkali plant.

As for the remaining money, it can be used to launch the arsenal project...