There are two types of vehicle mortgage loans. One is mortgage, the car is registered, GPS is installed, and the car is owned by the owner; the other is pledge, the car is owned by the bank, and there is a special parking lot for the car.

In later generations, many formal banks were reluctant to apply for vehicle mortgage loans because of the easy wear and tear and damage of vehicles. Even if they were applied for, the loan would be at most 50-60% of the appraised value. But it was different in 1998. Cars in this era were still considered luxury goods, especially

For popular vehicles like Hutouben that can represent status, banks are still willing to use them as collateral for loans.

However, according to the rules, the maximum loan is one million, and Dongshang Bank can provide 1.5 million purely for Chu Gang's face.

“When can the loan be released?”

"Within a week."

"It's too slow. We must get the money within five days."

Chu Gang nodded, without asking why, and said: "I will urge you again and try to do it within five days."

After saying that, he asked: "How is Mayor Qiao doing?"

"It's done. He agreed to extend it for three months. After three months, the funds must be available in one step."

"Nearly 20 million can be obtained in one step?"
Chapter completed!