1929 I am a chaebol in the United States

The next day after Lu Chen arrived in the United States, he got out of bed early in the morning.

Lu Chen walked around the house and found that Chen Jianghe had already gone to school.

There was still breakfast left for him and Ike on the table.

While eating breakfast, Lu Chen was thinking about how he could use the funds he had to make more money in this global economic crisis.

He muttered to himself, "I have $50 in savings, plus the money I made from this arms deal, I estimate I will have $90 in funds."

With only 90 yuan in capital, how much money can you get? Taking into account the leverage, at most it is just over 1000 million yuan. What a waste.

At this time, Lu Chen was only thinking about making money, and completely ignored the fact that tens of millions of US dollars was an astronomical figure in this era. In this era, the average monthly salary was only 30 US dollars. Tens of millions was a sum that others could not earn in several lifetimes.

Lu Chen bit his chopsticks and thought quickly in his mind, I should be able to borrow some money from the bank.

Then I also need to understand how many times the leverage of the stock market is in this era, and how many times the leverage I can get.

After thinking it through, Lu Chen ate much faster. When Ike got up, Lu Chen had already finished his breakfast and was ready to go out.

"Boss, where are you going?"

"Ike, just stay here. I'm going to run something."

After saying that, Lu Chen walked out the door and took the bus to the bank.

The first place Lu Chen went to was Citibank, after all, he had deposited money in this bank.

The bank checked Lu Chen's funds and found that he actually had 90 US dollars in the bank. This was a big customer. The bank immediately sent a customer manager to receive Lu Chen.

"Hello, Mr. Lu, my name is Lefu. Do you have any business to handle this time?"

Lu Chen nodded: "I would like to ask if I can get a loan from your bank and how much you can lend me."

"Mr. Lu, you are a VIP customer of our bank. We can help you with a mortgage loan. What kind of business do you need, Mr. Lu?"

When Lu Chen heard about these two types of loans, he immediately became unhappy. Both of them required physical collateral. He was somewhat dissatisfied. But thinking that there was no concept of credit loans at that time, he endured it.

"Tell me what documents are needed for these two types of loans and how quickly the loans are disbursed."

"Mr. Lu, for the first type of loan, any asset you own can be used as collateral, such as your house, land, or company."

Lu Chen thought for a moment and asked again, "How does the company determine the loan amount?"

“It depends on the type of company.”

"Please help me explain it in detail."

"If your company is in the manufacturing industry, we will determine the amount you can get based on the machinery, minerals, and other fixed assets your company owns. If you are engaged in finance or other types of companies, we will determine the amount you can borrow based on your turnover."

Lu Chen's eyes lit up when he heard this. There was a loophole that could be exploited. He could just register a trading company and show his transaction documents to the bank. He would probably be able to get away with it.

After all, there were no computers or the Internet in this era, and it would take several months to check the details of my company.

Lu Chen asked again: "How long will it take to give me the loan? After all, I need it urgently."

"Mr. Lu, you are a high-quality customer of our bank. As long as you pass the initial review, we can lend you the money."

After consulting clearly, he left the bank and he didn't need to go to other banks, as he probably had these loan projects.

He bought a map at a newsstand, followed the map and took a bus to the Industrial and Commercial Administration Office. He planned to register a company first.

Lu Chen drove to the Industrial and Commercial Administration Office, and then he registered a trading company, whose business scope included minerals, grain, machinery and other items. For the registered capital, he directly changed his Citibank account into a company account.

Half an hour later, Lu Chen walked out of the management office with a briefcase. He thought for a moment at the door that if he went to a big bank like Citibank now, although the interest rate would be much lower, the amount of money approved would probably not be much.

It is better to find a small bank and take these documents to apply for a loan. Although the interest rate is a bit higher, you can definitely borrow more funds.

So he found a bank on the map that he had never heard of in his later life, and then found a bus to go there. After waiting at the bus stop for a while, Lu Chen got on the bus.

Lu Chen came to this bank called Debang and walked in.

"Hello sir, how can I help you?"

"I want to borrow some money from you."

The receptionist smiled and said, "I'm sorry, sir, our bank does not provide loans to Asians."

Lu Chen was stunned. What the hell? They don’t even provide loans to Asians. What kind of banks are these? They don’t even want to make money. I despise them.

Lu Chen ignored the receptionist and walked out of the bank. Then he found another bank on the map and took a taxi there.

When he walked into the bank, Lu Chen was still rejected for a loan for the same reason. He then went to five or six small banks one after another, but was rejected by all of them.

Lu Chen was a little angry: "Damn it, isn't this looking down on people? Why don't you give loans to Asians? Fuck you."

There was no choice but to take the information back to Citibank.

The account manager named Love received Lu Chen.

Lu Chen handed the document in his hand to Love, who carefully checked it.

"Mr. Lu, what kind of business is your company doing? Why is it so profitable?"

Lu Chen smiled mysteriously and said, "I just bought some food in the United States and then resold it in other countries. You see, it took me three months to make 400,000 yuan. Is this a high profit?"

Love was a little speechless. Isn't it high to earn hundreds of thousands in these few months? Other companies may only be able to earn this much in a year.

"Mr. Lu, based on the information you provided, my bank can give you a loan of 20 yuan. Do you think you need it?"

When Lu Chen heard that it was only 20, he was a little annoyed. How could you give such a small amount of money to a beggar? Lu Chen complained in his heart. But with the principle that it is better to have something than nothing, Lu Chen still applied for the loan.

Lu Chen continued to ask: "I have also opened a securities trading account in your bank. I would like to know how many times the leverage of my account is."

Love introduced: "Mr. Lu, since your current funds have exceeded one million, we can provide you with a ten-fold leverage service."

Lu Chen pondered in his mind, ten times leverage, that is, he can use 11 million funds. Lu Chen felt that it was still a little too little, he was shorting, even if it fell to the bottom, he could only get more than 10 million. This time the opportunity was so good, he felt that it was a little too little to earn this.

He walked out of the bank, still thinking about how to raise money. In the United States, he knew very few people, and there was only one rich person, Adams. But he and Adams had only known each other for a month. How could he borrow money from him?

He didn't think of a good idea, but he had to go find Adams once.

He found a telephone booth on the side of the road, took out the contact information Adams had given him, and called the number.

After waiting for a while, someone answered the phone.

"Hello, who are you looking for?"

The call was answered by a woman, whose voice sounded very youthful and energetic. Lu Chen quickly said:

"Hello, I'm looking for Adams."

"Excuse me, who are you? How did you get the contact information of this phone number?"

"I'm Lu Chen. Adams gave me my contact information. Tell him that I'm the Chinese who came to the United States on the same cruise ship as him. Then he'll know who I am."

"Okay, sir, wait a moment, I'll go and inform Master Adams."

About ten minutes later, Adams' voice came from the other end of the phone.

"Hello, is this Lu? I'm Adams."

"Hey, man, you kept me waiting for ten minutes."

"It's only ten minutes, not that long. Tell me, what do you want from me?"

"Look, I have a business that can make money, I wonder if you're interested."

Adams on the other end of the phone said lazily: "What kind of profitable business is that? No matter how big the business is. If the business is small, forget it. It's boring."

"A million-dollar order, are you interested?"

"What? Millions, Lu, you didn't lie to me, right? Where are you? I'll come find you right away."

Lu Chen could feel the excitement on the other end of the line. Lu Chen saw a coffee shop near him, so he told Adams the address of the coffee shop.

"Wait a minute, I'll be there in about an hour."

After hanging up the phone, Lu Chen came to the coffee shop, found a seat, ordered a cup of coffee, and waited for Adams to arrive.

An hour later, Adams drove a Model T to the entrance of the coffee shop. Adams opened the door and rushed into the coffee shop. He looked around and found Lu Chen's position. He quickly walked over to Lu Chen and sat down.

When Lu Chen saw Adams coming, he quickly called the waiter and ordered a cup of coffee for Adams as well.

As soon as Adams sat down, he immediately asked:

"Lu, tell me, what business is it?"

Lu Chen said calmly, "Adams, please be patient. There is an old Chinese saying that goes, 'You can't eat hot tofu if you are impatient.' Have a cup of coffee first."

Adams glanced at Lu Chen and said, "You are not lying to me."

Lu Chen said unhappily: "Why would I lie to you? Can you still give me money?"

"Then tell me, what is the business?"

Lu Chen thought for a while and decided to tell everyone about his gun reselling business.

"My business is selling arms."

Lu Chen looked at Adams and saw that he didn't show any interest. He asked in confusion:

"You're not interested? The profits here are huge."

Adams said uninterestedly: "I know the arms business is very profitable, but the current arms market has been divided up. If I enter the market and disrupt other people's market, they will fight me to the death."

"I'm not asking you to sell it in the United States. We're going to sell it in China."

Adams glanced at Lu Chen and said, "There are only a few arms dealers in the United States. They can sell directly to China. We can't intervene. You'd better not think about it."

Lu Chen looked at Adams as if he were an idiot and said, "Who told you that we want to sell American equipment? German equipment is more popular in China."

Hearing this, Adams became interested and asked, "Do you have any channels to get German weapons?"

Lu Chen nodded and said, "Of course."

"Then why are you looking for me to do something? Why don't you just do it yourself?"

Lu Chen said, "I've done this several times, but I'm still short of money. I want to borrow some money from you. I'll use this line as collateral with you. Is that okay with you?"

Adams looked at Lu Chen with a scrutinizing gaze. He asked, "How much do you want? I will buy your line directly."