Manufacturing Empire in the Valley
Chapter 843 $37 Loan
Chapter 843 $700 million loan
Niu Xiaoqiang smiled slightly: "I can't come up with 700 million US dollars for the time being, but we can work around it. As long as we negotiate the terms with the bank, I am confident that I will repay the debt in the future."
Packard hesitated: "How will you repay the debt in the future?"
In order to dispel Packard's doubts, Niu Xiaoqiang had to show his strength.
He turned his head to look at Linda, and said with a smile: "Aunt Linda's daughter and I partnered to open the Hunter Company, which mainly relies on the sale of the right to use patented technology to obtain income. Not long ago, the Hunter Company has obtained Texas According to the results of the negotiations between the two parties, Dezhou Machinery will sign a patent use contract with Hunter for at least two years, and this deal will bring Hunter a net profit of 600 million US dollars."
When he said this, he showed a very confident smile: "This is only the first business, and we can get more business in the future. Although 700 million US dollars is a lot, as long as you give me a certain amount of time, I believe in myself You can earn that money.”
Linda and Packard were taken aback, especially Linda. She originally thought that Hunter Company was just an ordinary company. According to her estimation, earning 80 million dollars a year would be considered pretty good.But what she didn't expect was that in just four months, the hunter company would reap a net profit of 600 million US dollars. Isn't this too exaggerated? !
Surprised, Linda couldn't help asking: "What kind of patented technology do you rely on to make money? How could you get such a high patent royalty?"
This question was also what Packard wanted to ask. He stared straight at Niu Xiaoqiang, wanting to hear how Niu Xiaoqiang would answer.
Niu Xiaoqiang said with a smile: "At present, the hunter company mainly relies on the oil extraction machine patent to obtain profits."
Hearing the term oil extraction machine, both of them showed a clear look.The huge profits in the oil industry are well known. Since it is oil extraction machine technology, it is not unusual to be able to earn such a high patent fee.
Niu Xiaoqiang turned his attention to Packard: "Mr. Packard, I don't know what choice you will make regarding my opinion?"
Packard has long been overwhelmed by the huge loan. The reason why his hair is gray is caused by too much pressure.Hearing that Niu Xiaoqiang was willing to meet his request, and that he really had the strength, Packard really didn't want to miss this last opportunity. If he missed it, what awaited him would be the complete demise of Packard Motor Company.
He nodded slightly: "I accept your proposal, can we sit down and talk in detail?"
Niu Xiaoqiang breathed a sigh of relief, and said with a smile: "Of course it's okay, let's go, let's go and have a good talk."
Linda originally wanted Niu Xiaoqiang to help her refit the car, but seeing that the two of them were going to discuss business, she had no choice but to give up this idea and followed up, planning to wait until the two parties finished talking.
The three walked into an office where a white woman in her 30s was sitting.The woman wore big earrings, her hair was permed into the shape of cotton candy, and her heavy makeup looked wild.
Linda greeted her very familiarly: "Hello, Trish."
Trish responded with a smile: "Hi Linda."
Packard introduced from the side: "This is Tracy, she is my girlfriend and also the company's financial officer, Tracy, this is Niu Xiaoqiang, he is here to discuss business with us."
Niu Xiaoqiang knows that many Americans only live together without getting married, so he is not very surprised that Tracy is Packard's girlfriend.
He stretched out his right hand with a smile: "Hi Miss Tracy, nice to meet you."
Tracy showed a puzzled look, and after greeting Niu Xiaoqiang, he asked, "Packard, what business is Mr. Niu planning to discuss with us?"
Packard didn't hide anything, and told the actual situation.Tracy was stunned, and it took him a long time to come back to his senses. While looking at Niu Xiaoqiang again, he asked in surprise, "You, are you really capable of cooperating with us?"
Niu Xiaoqiang shrugged and joked: "We are already ready to discuss the details, Miss Tracy shouldn't have any doubts, right?"
Tracy hurriedly apologized: "I'm sorry, I was scared by you, I didn't expect you to be so capable at such a young age."
Packard waved his hand at Trish: "Go and get the company's financial statement, let Mr. Niu verify it first, and we will discuss it in detail after the verification is completed."
Tracy nodded, opened the safe, took out a file bag from it and handed it to Niu Xiaoqiang.
Four people sat around the desk, Niu Xiaoqiang opened the file bag face to face, and nodded slightly after reading the financial statements of Packard Motor Company: "The content on the file is not different from what Mr. Packard said before, your The company is really on the verge of the most dangerous."
According to the documents, Packard Motors will usher in the first payment of bank interest due next month, which is a total of 83 US dollars.In the following three months, the company will successively repay the interest owed to the bank, totaling a total of 250 million US dollars.
Packard was obviously unable to repay the interest, and the interest alone would drag him down, not to mention the $700 million principal of the loan.
Packard reconfirmed Niu Xiaoqiang's confidence: "After reading the financial statements, do you still stick to the idea just now?"
Niu Xiaoqiang nodded affirmatively: "Of course, let's talk about business. First, let's talk about the distribution of shares. I believe this is the issue that you are most concerned about at the moment. I wonder what Mr. Packard thinks about the distribution of shares? "
Packard pondered for a moment, and then replied: "I want to hold 40.00% of the shares, and the rest of the shares can be transferred to your name."
Niu Xiaoqiang immediately laughed: "Mr. Packard, please show your sincerity?"
Packard shook his head: "Don't think my words are funny. I don't have a lion to open my mouth. Among other things, the label held by Packard alone is worth at least 40.00 million U.S. dollars, so I hold [-] %[-] is not high."
Niu Xiaoqiang followed and shook his head: "It can't be calculated like this. If I don't take a share, it may be difficult for your company to survive for three months, and it will be difficult to find someone who is willing to take a share. If this is the case, the card in your hand Labels quickly become meaningless, am I right?"
Packard said in a deep voice: "But if you don't take a stake in Packard Motors, you won't be able to get involved in the American car manufacturing industry. If you start a new car company by yourself, you need to pay at least [-] million U.S. dollars. Compared with such a huge investment, you definitely got a big deal."
Thank you book friend "Twilight Reaper" for your support, bow!
(End of this chapter)
Niu Xiaoqiang smiled slightly: "I can't come up with 700 million US dollars for the time being, but we can work around it. As long as we negotiate the terms with the bank, I am confident that I will repay the debt in the future."
Packard hesitated: "How will you repay the debt in the future?"
In order to dispel Packard's doubts, Niu Xiaoqiang had to show his strength.
He turned his head to look at Linda, and said with a smile: "Aunt Linda's daughter and I partnered to open the Hunter Company, which mainly relies on the sale of the right to use patented technology to obtain income. Not long ago, the Hunter Company has obtained Texas According to the results of the negotiations between the two parties, Dezhou Machinery will sign a patent use contract with Hunter for at least two years, and this deal will bring Hunter a net profit of 600 million US dollars."
When he said this, he showed a very confident smile: "This is only the first business, and we can get more business in the future. Although 700 million US dollars is a lot, as long as you give me a certain amount of time, I believe in myself You can earn that money.”
Linda and Packard were taken aback, especially Linda. She originally thought that Hunter Company was just an ordinary company. According to her estimation, earning 80 million dollars a year would be considered pretty good.But what she didn't expect was that in just four months, the hunter company would reap a net profit of 600 million US dollars. Isn't this too exaggerated? !
Surprised, Linda couldn't help asking: "What kind of patented technology do you rely on to make money? How could you get such a high patent royalty?"
This question was also what Packard wanted to ask. He stared straight at Niu Xiaoqiang, wanting to hear how Niu Xiaoqiang would answer.
Niu Xiaoqiang said with a smile: "At present, the hunter company mainly relies on the oil extraction machine patent to obtain profits."
Hearing the term oil extraction machine, both of them showed a clear look.The huge profits in the oil industry are well known. Since it is oil extraction machine technology, it is not unusual to be able to earn such a high patent fee.
Niu Xiaoqiang turned his attention to Packard: "Mr. Packard, I don't know what choice you will make regarding my opinion?"
Packard has long been overwhelmed by the huge loan. The reason why his hair is gray is caused by too much pressure.Hearing that Niu Xiaoqiang was willing to meet his request, and that he really had the strength, Packard really didn't want to miss this last opportunity. If he missed it, what awaited him would be the complete demise of Packard Motor Company.
He nodded slightly: "I accept your proposal, can we sit down and talk in detail?"
Niu Xiaoqiang breathed a sigh of relief, and said with a smile: "Of course it's okay, let's go, let's go and have a good talk."
Linda originally wanted Niu Xiaoqiang to help her refit the car, but seeing that the two of them were going to discuss business, she had no choice but to give up this idea and followed up, planning to wait until the two parties finished talking.
The three walked into an office where a white woman in her 30s was sitting.The woman wore big earrings, her hair was permed into the shape of cotton candy, and her heavy makeup looked wild.
Linda greeted her very familiarly: "Hello, Trish."
Trish responded with a smile: "Hi Linda."
Packard introduced from the side: "This is Tracy, she is my girlfriend and also the company's financial officer, Tracy, this is Niu Xiaoqiang, he is here to discuss business with us."
Niu Xiaoqiang knows that many Americans only live together without getting married, so he is not very surprised that Tracy is Packard's girlfriend.
He stretched out his right hand with a smile: "Hi Miss Tracy, nice to meet you."
Tracy showed a puzzled look, and after greeting Niu Xiaoqiang, he asked, "Packard, what business is Mr. Niu planning to discuss with us?"
Packard didn't hide anything, and told the actual situation.Tracy was stunned, and it took him a long time to come back to his senses. While looking at Niu Xiaoqiang again, he asked in surprise, "You, are you really capable of cooperating with us?"
Niu Xiaoqiang shrugged and joked: "We are already ready to discuss the details, Miss Tracy shouldn't have any doubts, right?"
Tracy hurriedly apologized: "I'm sorry, I was scared by you, I didn't expect you to be so capable at such a young age."
Packard waved his hand at Trish: "Go and get the company's financial statement, let Mr. Niu verify it first, and we will discuss it in detail after the verification is completed."
Tracy nodded, opened the safe, took out a file bag from it and handed it to Niu Xiaoqiang.
Four people sat around the desk, Niu Xiaoqiang opened the file bag face to face, and nodded slightly after reading the financial statements of Packard Motor Company: "The content on the file is not different from what Mr. Packard said before, your The company is really on the verge of the most dangerous."
According to the documents, Packard Motors will usher in the first payment of bank interest due next month, which is a total of 83 US dollars.In the following three months, the company will successively repay the interest owed to the bank, totaling a total of 250 million US dollars.
Packard was obviously unable to repay the interest, and the interest alone would drag him down, not to mention the $700 million principal of the loan.
Packard reconfirmed Niu Xiaoqiang's confidence: "After reading the financial statements, do you still stick to the idea just now?"
Niu Xiaoqiang nodded affirmatively: "Of course, let's talk about business. First, let's talk about the distribution of shares. I believe this is the issue that you are most concerned about at the moment. I wonder what Mr. Packard thinks about the distribution of shares? "
Packard pondered for a moment, and then replied: "I want to hold 40.00% of the shares, and the rest of the shares can be transferred to your name."
Niu Xiaoqiang immediately laughed: "Mr. Packard, please show your sincerity?"
Packard shook his head: "Don't think my words are funny. I don't have a lion to open my mouth. Among other things, the label held by Packard alone is worth at least 40.00 million U.S. dollars, so I hold [-] %[-] is not high."
Niu Xiaoqiang followed and shook his head: "It can't be calculated like this. If I don't take a share, it may be difficult for your company to survive for three months, and it will be difficult to find someone who is willing to take a share. If this is the case, the card in your hand Labels quickly become meaningless, am I right?"
Packard said in a deep voice: "But if you don't take a stake in Packard Motors, you won't be able to get involved in the American car manufacturing industry. If you start a new car company by yourself, you need to pay at least [-] million U.S. dollars. Compared with such a huge investment, you definitely got a big deal."
Thank you book friend "Twilight Reaper" for your support, bow!
(End of this chapter)
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