Chapter 562

My original intention was to take over your stake in the company. But, with bankruptcy, I have nothing to gain. In fact, I might lose everything I have.

Jacob quickly continued, “Mr. Williams, let’s not be hasty, there’s still another way.”

“We can also take on more debt to solve the immediate liquidity crisis.”

Zeke replied, “Oh, in that case let’s do that.”

Jacob warned, “But, given how much debt we already have, the banks have blacklisted us. Therefore, access to credit isn’t going to come easily.”

Zeke answered, “Then, let’s take the bankruptcy route.”

Jacob was speechless.

I’ll kill you if you say the word bankruptcy one more time!

Jacob tried his best to stay calm. “Although our access to bank credit has been cut off, we can still try borrowing from shadow banks.”

Zeke replied, “I heard that shadow banks charge very high interest. If it’s too high, isn’t it better to declare bankruptcy?”

Jacob was rendered speechless for the umpteenth time.

“It’s not that high, just a little higher than banks. The company still has the capacity to shoulder the burden.”

Zeke agreed. “Oh, in that case, let’s take a loan from the shadow banks.”

Starting to worry, Susan whispered to Zeke, “Mr. Williams, don’t be hasty in making the decision.”

“The shadow banks’ money would come with strings attached. You have to be careful not to be caught in it...”

Zeke laughed. “It’s not a problem. The priority now is solving the company’s current conundrum, we don’t have to be bothered with the details.”

Susan wanted to further remonstrate but decided against it.

She knew that Zeke wasn’t the kind that would make reckless decisions.

Since he agreed to it, he definitely had a plan.

Meanwhile, Jacob was delighted to hear Zeke’s response.

In fact, borrowing from the shadow banks was a trap set up by Jacob.

I didn’t expect Zeke to fall for it so easily. Lady luck must be smiling upon me today.

He added, “Mr. Williams, prior to this, I already made contact with the staff from the shadow banks. The negotiations are already in the final stages.”

“Since we’re all here, why don’t we sign the loan agreement today?”

Zeke nodded. “No problem. The earlier we receive the funds, the faster we can get out of this crisis.”

With that, Jacob signaled to his bodyguards. “Quick, get Mr. Nolan in here.”

After a while, his bodyguards returned with a middle-aged man in a suit.

The man was bespectacled and looked gentlemanly. With a smile on his face, he had the typical look of a businessman.

Mr. Nolan greeted Zeke, “Mr. Williams. I finally have the pleasure of meeting you after hearing so much about you.”

“Let me introduce myself. I am Caleb Nolan and I work for Chase Bank. I’m happy to be of service to you.”

Zeke nodded with a courteous smile to acknowledge him.

But he did not stand up.

That slightly upset Caleb.

However, his professionalism kept him from expressing his displeasure.

Maintaining the smile on his face, he brought out a set of contracts and passed it over to Zeke. “Mr.

Williams, this is the comprehensive contract for the loan with Chase Bank. Please sign your name on it.”

Upon receiving the contract, Zeke skimmed through the contents before signing it.

Subsequently, Caleb also signed it on behalf of the bank. After that, he kept the contract. “Mr. Williams, happy to be working with you.”

Zeke responded, “Likewise.”

Turning over to the suppliers and distributors, he instructed, “Hugh Junior, I have a job for you.”

“Once the loan is in, pay off all our debts to them so that we are even.”

“After that, put them on the blacklist so that we won’t work with them again.”

“Meanwhile, I will take my leave first as I have something else to attend to.”

Jacob nodded. “No problem, you can leave everything to me.”

With that, Zeke left with Susan.

Jacob heaved a sigh of relief as he lit a cigarette and gave it a forceful puff.

Looking at Caleb, he said, “Caleb, thanks for the trouble.”

“Whether we can successfully ensnare Zeke will be up to you now.”