I'm collecting golden fingers from all over the world - Chapter 965

c29 Loan (This chapter seems to be a bit watery, but I don’t want to subscribe)

[Chaoqun Group] needs a bank loan. (Due to caching reasons, please visit the COM website directly with your browser to watch the fastest chapter updates)

To be precise, it was [Guangsha Group], a subsidiary of [Chaoqun Group], that needed a loan from a bank.

Because Wu Siyuan has decided to put the [public rental housing project] in the [Guangsha Group].

[Guangsha Group] is not well-known within [Chaoqun Group], not as good as other key businesses, but it is still somewhat famous in the industry.

This is a real estate company established by [Chaoqun Group] to serve employees within the group. It has 600 properties across the country, and it is growing at a high rate every year.

The quantity of this property is not low.

You must know that those major real estate companies in the world, such as Bi Heng, only have about a thousand properties.

[Guangsha Group] is not very valued within [Chaoqun Group]. Well, to use another word, it is at the bottom of the contempt chain.

It relies on the reputation of [Chaoqun Group] to acquire land at ultra-low prices across the country – even cheaper than Heng and Bi.

Part of the funds for acquiring land and preparing for construction came from [Guangsha Group]’s own funds, and part of it came from [fund-raising for housing construction].

This fund-raising naturally gathers [funds] from employees within the group who are interested in purchasing real estate!

Because the house I built is solid and reliable, I know the basics, and the shared area is very small. It can be said that it is just a meaning. Moreover, there are real estates all over the country, and the locations are pretty good.

The most important thing is that housing prices are low.

After the building is completed, other retail businesses under [Chaoqun Group] will follow suit, as well as educational resources and various supporting resources.

Therefore, he is deeply loved by [my family].

Fundraising has always been smooth.

If the funds are not enough, then [Guangsha Group] will borrow money from the bank.

In the eyes of banks, [Guangsha Group], which is backed by [Chaoqun Group], is a high-quality enterprise, and they are not afraid that it will not be able to afford the money.

Therefore, [Guangsha Group] can obtain sufficient loans and even excessive loans at very low interest rates.

This is always the case in this world.

For companies that are not short of funds, there will always be people eager to send you more funds.

And companies that are short of funds will find it difficult to borrow enough money even if they pray to God or Buddha.

When Heng was short of money before, he promised 15% interest, and the belt boss was willing to sign as a joint guarantee, but even so, he couldn’t borrow money.

Everyone knows that the more you behave like this, the more it means that you are at the end of your rope. Who would dare to lend you money in this situation!

Everyone knows what happened later. The boss of the belt was ready to ruin it. The money owed by the company has nothing to do with us!

Legal person liability?

I will transfer the legal person to an old man in his seventies or eighty years now.

If you want to pursue legal responsibility, go to him.

What are you doing to me?

The worst case scenario is that the company goes bankrupt!

My money is already overseas anyway.

Those suppliers who are dragged down by IOUs, as well as various high-interest lending institutions, whether they live or die depends on their own destiny!

It won’t affect my life as a billionaire!

That’s too far!

Back to [Guangsha Group] borrowing money.

When building real estate before, [Guangsha Group] had an excellent reputation within the bank. It is a bit exaggerated to say that banks are chasing [Guangsha Group] for loans, but basically, if [Guangsha Group] applies, they will not reject it. .

At that time, [Chaoqun Group] had not yet developed [Ledimab], had not established an insurance company to promote [Cancer Care Free] globally, and had not exaggerated to the point of [making tens of thousands of dollars a day], but [Guangsha Group] can already enjoy this treatment in banks.

Today’s treatment is only better.

Even if the loan amount requested by [Guangsha Group] this time is in the trillions, it may even reach the level of 10 trillion yuan.

Although there are three red lines for the real estate industry, [Guangsha Group] is not affected at all.

The three red lines are:

First, the asset-liability ratio excluding advances should not be greater than 70%.

Second, the net debt ratio should not be greater than 100%.

Third, the ratio of cash to short-term debt should not be less than 1 time.

According to the contact situation of the “three red lines”, it will be divided into four levels: red, orange, yellow and green. In the red level, all three red lines have touched the prohibition of new interest-bearing liabilities. When the orange level reaches two lines, the annual growth rate of debt must not exceed 5%. When the yellow gear hits a line, the annual growth rate of debt must not exceed 10%. None of the three green lines have been met, and the annual growth rate of debt must not exceed 15%.

[Guangsha Group] is a green stall, with none of the three red lines encountered, and the annual debt growth rate can reach 15%!

But this [quota] can only be said to be a drop in the bucket for the funds currently needed by [Guangsha Group].

However, Wu Siyuan had already mentioned this issue when he communicated with the leaders above on the phone.

The leaders have agreed to give special approval to [Chaoqun Group], allowing [Chaoqun Group], or should I say [Guangsha Group], to break through the red line of 15% annual debt growth without setting any upper limit!

Of course, [Chaoqun Group] has made a joint guarantee for this place. When [Guangsha Group] cannot pay, [Chaoqun Group] can pay for it.

This is of course no problem.

This is what Wu Siyuan originally thought.

So I agreed immediately.

[Chaoqun Group]’s current exaggerated revenue and profits, several trillion yuan, will be nothing to it as long as the time is extended to one or two years.

It really doesn’t work.

[Chaoqun Group] No matter how much shares you sell, a lot of people are rushing to get them!

Since [Chaoqun Group] is willing to sign the guarantee agreement, then there is nothing to worry about!

On the second day after Wu Siyuan met with the leaders of Yangcheng University, bank credit executives who had received the news rushed over like sharks smelling blood.

Although [Guangsha Group] is a piece of meat, no bank can completely swallow it.

But it’s good to be able to eat the fattest meat.

Wu Siyuan didn’t care about these trivial matters. Naturally, his subordinates would deal with them and negotiate with them.

Ever since Wu Siyuan proposed building public rental housing, related business has been progressing steadily and orderly.

After Wu Siyuan reached a further agreement with Yangcheng leaders, [Guangsha Group], as the most important starting point, also took the lead in taking action.

[Guangsha Group] has acquired a lot of land in Yangcheng. It was originally developed as commercial real estate, but now it has been directly converted into a public rental housing project.

Of course, the relevant procedures still have to be completed.

However, you can start the initial work first and apply as you go.

Anyway, this project is not clear in other places, but in Yangcheng it is given the green light!

The status of [Chaoqun Group] in Yangcheng far exceeds that of Shannan Pizza Hut in Pengcheng.

No kid dares to play tricks on it!

………………………………………………………………………………………………………………………………

The public rental housing project is in action in Yangcheng.

And Wu Siyuan, the mastermind behind the scenes, is also ready to take action.

He and He Youman went out together and used the spiritual consciousness of the Yuanying monks to start exploring the tomb!