"Otherwise, what else can I do?”Lin Feng said to the representatives.
"It's not like you don't know the situation of Haoyuan Group. There's not a single cent in the accounts at the moment. All the businesses in the entire group have been shut down. How do you want me to pay you back?”
"Unless you can lend me another sum of money to use as working capital. Then, I'll use this working capital to sell off the assets of Haoyuan Group bit by bit. I'll sell all these unfinished projects and get cash to repay you. In this way, you can at least collect most of the funds and won't suffer the greatest loss!”
"Otherwise, we can only go bankrupt. There's no other way!”
Lin Feng said.
" You f * cking…" One of the agency representatives couldn't take it anymore and punched Lin Feng, knocking him to the ground.
"What are you doing? He's the first person to be responsible. If we kill him, who's going to pay us back?”The representatives of the other organizations immediately rushed over and hugged the representative.
The representatives looked at each other. To be honest, they all wanted to skin Lin Chen alive, but they could only endure it.
After all, now was not the time to be angry. The most important thing now was to get the money. After all, this was not 100 million, but 1,000 billion.
After a while, one of the representatives forcefully suppressed his emotions and said,"Alright, how much do you plan to borrow?”
"3 billion!" Lin Feng wiped the blood from the corner of his mouth.
"3 billion? Why don't you go rob them!" The representative immediately rebuked angrily.
"What can I do? Haoyuan Group has trillions of assets and so many unfinished projects. I don't even have 3 billion.”Lin Feng said.
" You..." The representative was furious and wanted to say something.
"Alright!" Hao Yuan Group's biggest shareholder, the representative of Xia Fa Bank, stepped forward to stop them.
"I can give you 3 billion, but how can you guarantee that this 3 billion will allow you to leverage more assets to repay us?”The representative of the Xia Fa Bank asked.
"Haoyuan Group has two commercial residential projects in Estuary area of A City. There are a total of 60 buildings, each building has 31 floors, and each floor has four units. Although these two projects have been suspended, most of them have been completed. As long as this project is injected with 2 billion yuan and all the debts and remaining payments are settled, I guarantee that it will be completed within two months!”
"With the current average house price in Estuary area of A City, 12000 per square meter, if all of them are sold, we can directly get back 9 billion!”
Lin Feng said according to the memories of his predecessor.
"Then what do you plan to do with the remaining 1 billion nan?”The representative of the Xia Fa Bank asked.
"Maintain the operations of the head office and sell the other assets!”Lin Feng said.
"Alright, if our verification results are correct, we can lend you 3 billion, but at the same time, we have one condition!”The representative of the Xia Fa Bank said.
"Speak!" Lin Feng said.
"This sum of money must be kept by our financial director and supervised by you!”The representative of the Xia Fa Bank said.
"No problem!" Lin Feng nodded.
"Alright, let's check first!" After the representative of the Xia Fa Bank finished speaking, he made a call.
Xia Fa Bank was one of the largest banks in the country. It had countless branches in every city in the country. It was easy to find information.
He directly made a phone call to the bank manager of the local branch to confirm if the news was true. Those bank managers were all local tycoons and knew everything.
Therefore, in less than a few minutes, the representative of Summer Hair Bank confirmed that the news was true.
Immediately, the representative of the Xia Fa Bank began to discuss with the representatives of many institutions. After all, it was impossible for only one institution to pay the 3 billion yuan. Otherwise, how would the repayment be calculated? Who should be paid first?
They had to discuss this funding issue.
After hundreds of representatives from various organizations discussed for half an hour, they finally reached an agreement.
It was to invest according to the debt ratio.
For example, Xiafa Bank was Haoyuan Group's largest debt-holder and held 100 billion in debt, which accounted for 10% of the total debt of Haoyuan Group. Then, Xiafa Bank would contribute 10% of the 3 billion, which was 300 million.
At that time, the return would be 10%. For example, if the return was 9 billion, then he would have to return 900 million to Xia Fa Bank.
It was the same for other organizations.
In short, they would advance and retreat together. If they wanted to borrow, they would borrow together. If they wanted to return, they would return together. In short, everything would be invested according to the debt ratio. This was fair to everyone.
At the same time, they had to send a finance director to supervise the money. If Lin Feng needed money, he would have to apply to the finance director for every sum. This way, they could ensure the safety of their money.
After the discussion, they agreed to lend the money to Lin Feng.
This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]