Chapter 418 Opening A New Store (Part One)

• Chadwick Fullner was truly going all out this time. With only a total of sixty thousand dollars and debts amounting to over three million seven hundred thousand, he was actually considering taking out a one million dollar loan from the bank to start a business. From any perspective, this was an incredibly risky idea. But Chadwick Fullner was determined to proceed. As he reasoned, what did he have to lose at this point? He was already in dire straits, so how much worse could it really get? The worst-case scenario was probably just this, right?
• In the days that followed, Chadwick Fullner made daily visits to the bank to finalize the loan. Madison Sawyer played a significant role in facilitating the process, making initial contacts before Chadwick took over the specifics. With the bank's top director personally overseeing the arrangements, the efficiency of the staff below improved significantly. They were highly motivated, and the approval process was expedited. Eventually, after three weeks, Chadwick Fullner secured the one million dollars. He opted to prioritize interest payments, with annual interest repayments and a one-time principal repayment scheduled after five years.
• With the one million dollars in hand, Chadwick Fullner was meticulous in his approach. He personally oversaw the daily procurement of goods, delegating store management to a few capable students. Fortunately, these students performed satisfactorily under his guidance.