Metropolis: Paying Off The Debt of Dad At The Start

Chapter 3

“Otherwise, what else can I do!” Lin Feng said to the representatives of the agencies.

“You don’t know the situation of the Haoyuan Group now. At present, there is no money in the accounts. All the businesses of the entire group are shut down. How do you ask me to pay you back? Where can I pay you back!”

“Unless you can lend me another sum of money as working capital, and then I will use this working capital to sell the assets of Haoyuan Group little by little, sell all these unfinished projects, and get cash to repay you, so you At the very least, most of the funds can be collected, and the loss will not be the biggest!”

“Otherwise, then we can only go bankrupt and liquidate, and there is no other way to go!”

Lin Feng said.

“You tm…” An agency representative was out of anger and rushed forward and punched Lin Feng, knocking him to the ground.

“What are you doing, he is the first responsible person, he killed him, who will pay us back, this is a trillion!” The representatives of other institutions rushed over and hugged the representative of that institution.

The representatives look at me and I will look at you. To be honest, they all want to skin Lin Chen for cramps now, but they can only hold back.

After all, now is not the time to take a stab at it. The top priority is to get the money. You know, this is not one billion, but one trillion.

After a while, one of the representatives forcibly suppressed his inner emotions and said: “Okay, 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 grab it!” Immediately, the representative scolded angrily.

“What can I do? Haoyuan Group has trillions of assets and so many unfinished projects. I don’t even have 3 billion. What can I do to return the assets to you!” Lin Feng said.

“You…” The representative was suddenly anxious and wanted to say something.

“Okay!” Haoyuan Group’s largest creditor, the representative of Xiafa Bank, stood up and stopped.

“3 billion can be given to you, but what can you guarantee that this 3 billion will allow you to leverage greater assets to repay us?” the representative of Xia Fa Bank asked.

“Haoyuan Group has two commercial and residential projects in Huahekou District, City A, with a total of 60 buildings, each with 31 floors and 4 units without floors. Although these two projects are currently closed, most of them have been completed. The project is injecting 2 billion yuan, and all arrears and balance payments are settled. I guarantee that they will be completed within two months!”

“Based on the current average house price in Huahekou District of City A, 12,000 per flat, if all are sold out, 9 billion can be paid back directly!”

Lin Feng said according to the memory of his predecessor in his mind.

“Then your remaining 1 billion mum, what do you plan to do?” the representative of Xia Fa Bank asked.

“Maintain the operation of the head office and sell off other assets!” Lin Feng said.

“Yes, if our verification results are correct to you, we can borrow 3 billion from you, but at the same time we have one condition!” the representative of Xia Fa Bank said.

“Say!” Lin Feng said.

“This money must be kept by our financial director and supervise your expenditures for each money!” The representative of Xia Fa Bank said.

“No problem!” Lin Feng nodded.

“Okay, let’s check it first!” The representative of Xiafa Bank made a phone call after speaking.

Like their Xiafa Bank, one of the top super-large banks in China, there are countless branches and branches in every city in the country. It is not too simple to check for news.

Direct a phone call to the bank manager of the local branch to confirm whether the news is true, and which of the bank managers is not a local local snake? I don’t know what the news is.

Therefore, within a few minutes, the representative of Xia Fa Bank has already confirmed that the news is true.

Immediately, the agency representatives of Xiafa Bank discussed with many agency representatives. After all, it is impossible for only one institution to pay the 3 billion yuan. Otherwise, how to calculate the return and who will pay it first?

They must discuss the issue of funding.

After several hundred representatives of major institutions discussed together for half an hour, they finally reached an agreement.

It is to invest in proportion to the debt.

For example, Xia Development Bank is the largest creditor of Haoyuan Group, and it holds 100 billion of Haoyuan Group’s debt, which accounts for 10% of the total debt of Haoyuan Group. Then the 3 billion allocation of Xiafa Bank will give 10%, which is 300 million. .

At that time, the repayment is also 10%. For example, if the repayment is 9 billion, then 900 million will be returned to Xiafa Bank.

The same is true for other institutions.

In short, it is the same advance and retreat. We must borrow everyone to borrow together, and we must pay everyone back together. In short, all of them are invested in proportion to the debt. This is fair to everyone.

At the same time, they need to jointly send a financial director to supervise the money. If Lin Feng wants to spend money, he needs to apply to the financial director for each payment, so that the absolute security of their money can be guaranteed.

After the discussion, the group agreed to lend the money to Lin Feng. .