I collect gold fingers in the heavens

Chapter 885 Loan

【Superior Group】Need to get a loan from the bank.

To be precise, it was [Guangsha Group] under [Super Group] that needed a loan from the 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 well-known in the industry.

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

The number of properties is not low.

We must know that those real estate companies that are popular in the universe, such as Bi Mou Heng, have more than 1000 real estate projects.

[Guangsha Group] is not very valued within [Super Group], well, in another word, it is at the bottom of the chain of contempt.

Relying on the reputation of [Chaoqun Group], it acquires land at ultra-low prices across the country—a land acquisition price that is even cheaper than that of Heng and Bi.

Part of the funds for land acquisition and construction preparation come from [Guangsha Group]’s own funds, and part of it comes from [raised funds to build houses].

This fund-raising naturally gathered the [capital] of employees within the group who are interested in buying real estate!

Because the house built by the family is solid and reliable, and the shared area is very small.

The most important thing is the low price.

After the real estate is completed, other retail businesses under [Chaoqun Group] will follow up, and there are also educational resources, and all kinds of supporting resources are not bad.

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

Fundraising has always been smooth.

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

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

Therefore, [Guangsha Group] can get enough loans at extremely low interest rates, or even excess loans.

It's always like this in this world.

For a company that is not short of funds, there will always be someone who is eager to send you more funds.

And enterprises that are short of funds, pray to God and worship Buddha, it is difficult to borrow enough money.

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

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

Everyone knows what happened later, the belt owner is going to mess it up, and the money owed by the company has nothing to do with us!

Legal person liability?

I will now transfer the legal person to an old man in his seventies and eighties.

To pursue legal responsibility to find him.

Why are you looking for me!

At worst, the company goes bankrupt!
My money is already overseas anyway.

Those suppliers who are dragged by IOUs, as well as various high-interest lending institutions, live or die depends on their own destiny!
Without affecting my billionaire life!

far away!
Back to [Guangsha Group] borrowing.

When the real estate was built before, [Guangsha Group] had an excellent reputation in the bank. It is a bit exaggerated to say that the bank chased [Guangsha Group] for loans, but basically, [Guangsha Group] would not refuse the application .

At that time, [Chaoqun Group] had not yet developed [Redikumumab], did not set up an insurance company to promote [Cancer Worriless] globally, and did not exaggerate to the point where [Rijinwanjin] is now, but [Guangsha The Group] can already enjoy this treatment in the bank.

Today's treatment can only be better.

Even if the amount that [Guangsha Group] wants to loan this time is at the trillion level, it may even reach the level of ten trillion yuan.

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

The three red lines are:
First, the asset-liability ratio excluding advances should not exceed 70%.

Second, the net debt ratio should not exceed 100%.

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

According to the contact situation of the "three red lines", it will be divided into four levels: red, orange, yellow, and green. The red level has touched all three red lines and no new interest-bearing debts are allowed.When the orange file meets two lines, the annual growth rate of liabilities shall not exceed 5%.If the yellow file meets a line, the annual growth rate of debt shall not exceed 10%.None of the three lines in the green gear has been touched, and the annual growth rate of debt shall not exceed 15%.

[Guangsha Group] It belongs to the green stalls, and the three red lines have not been touched. The annual growth rate of debt can reach 15%!
But this [amount] can only be said to be a drop in the bucket for the funds that [Guangsha Group] needs right now.

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 [Superior Group], allowing [Superior Group], it should be said [Guangsha Group] to break through the red line of 15% annual debt growth without setting any upper limit!
Of course, [Chaoqun Group] made a joint guarantee for this place, and when [Guangsha Group] didn’t pay the money, [Chaoqun Group] could pay for it.

This is of course no problem.

Wu Siyuan originally thought so.

So I agreed.

[Chaoqun Group] The current exaggerated revenue and profits, several trillion yuan, as long as the time is extended to one or two years, for it, it will be a sprinkling of water.

Not really.

[Chaoqun Group] If you sell any shares, there will be a lot of people clamoring for them!
Since [Chaoqun Group] is willing to sign the guarantee agreement, there is nothing to worry about!
On the second day of Wu Siyuan's meeting with the leaders of Yangcheng University, the bank credit executives who received the news rushed over like a shark smelling blood.

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

But it is also good to eat the fattest meat.

Wu Siyuan didn't care about these trivial matters, and naturally his subordinates would handle and negotiate with them.

Since Wu Siyuan proposed to engage in public rental housing, related businesses have been advancing steadily and orderly.

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

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

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

But the initial work can be carried out first, and you can apply as you go.

Anyway, this project is not clear in other places, but in Yangcheng, the whole city has the green light!

[Chaoqun Group]'s position in Yangcheng far exceeds that of Shannan Pizza Hut in Pengcheng.

No kid would dare to play tricks on it!

…………………………………………………………………………

The public rental housing project started in Yangcheng.

And Wu Siyuan, the mastermind behind the scenes, was also ready to act.

He and He Youman dispatched together, using the spiritual consciousness ability of the monks in the Nascent Soul Stage, started the work of exploring the tomb!
(End of this chapter)