Rebirth 79: I opened a bank in the United States

Chapter 358 Feasibility of Fund Transfer

"That's a good idea, but I'm now."

Carter looked embarrassed, he had no money in his pocket!

"To reassure your father and the others, the amount of this loan must not be too small, but the cash I can use now is running out."

I don't know how many loans have been issued in Plains.But with a rough estimate, the money that can be used now will definitely not exceed 200 million.Even the 200 million may have to wait for part of the money to be recovered before it can be done.

As for your current cash.
The hotel business in China. All the talk has been released. At this time, you suddenly can’t talk about it?Isn't that a fuss?
Moreover, in all fairness, Carter didn't want this debt relationship to be tied too tightly.Leaving aside my yellow heart's antipathy towards the Japanese, in terms of business, this loan is not profitable in essence!
Don't say that people borrow money just for the benefit of binding, just talk about their business qualifications.For a big company like Toyota, the risk premium part of the interest rate you lend to it can be said to be very low, definitely much lower than ordinary loans
Even in the current high inflation environment, it is very difficult for the long-term loan interest rate to reach 10%. No, to be precise, 8% is difficult!Carter thought about it briefly, and estimated that around 6% is already the highest interest rate!

If it weren't for the current high inflation rate, under normal circumstances, it would be almost impossible for their loan interest rate to break 4%!
This kind of loan, in the past few years, was definitely losing money and making money!As for the future income, it's a big deal. Besides, the time cost is too high, isn't it?

And at the same time, on the other hand. The Japanese economic bubble burst in the early 90s, that is, 10 years later!Although there is no plan right now, Carter feels that he didn't take a share of the pie at that time, and he felt sorry for being reborn into this era!
However, before getting involved in bottom-hunting and snatching up high-quality assets in Japan, you must first have the strength and the funds to enter the market and buy bottom-hunting, right?I don't have enough cash reserves now, I feel like there are gold mines everywhere
Put your precious cash into this kind of loan?That's so worthless!

"No money? What's going on? Impossible! You just said that you plan to open a hotel in China. The hotel industry requires a lot of money."

"That's right, if the cash is thrown in, don't you have no money in your hand?"

Carter spread his hands, what an easy-to-understand logic!

"And the hotel I opened in China is not a luxury brand, but an express chain hotel that is better than a hotel. This business needs scale, but the scale is not large enough, and the profit is not optimistic. Coupled with the current situation in China, I don't know you How much do you know?"

"Their current foundation is relatively weak, and there are still a lot of supporting facilities to be done, such as washing centers and the like. It is very cash-intensive. I have already submitted my application for running a hotel there. I can't change my mind suddenly, can I?"

"If you want to do a large-scale business, the initial investment can't be like a luxury hotel. The total investment is large, but the initial investment is not high. So, now I estimate that the cash I can mobilize is only about 200 million U.S. dollars at most."

"Then it's a bit difficult to get 200 million US dollars. If it's just us, Toyota, it's easy to say. The total investment of the first phase of assembly plant construction planned now is only more than 10 million, which can account for nearly [-]%. But if count other"

Akio Toyoda, who frowned, did not mention the future expansion of the factory. After all, there is a basis for cooperation, and the future is relatively easy to talk about.The more troublesome thing is that at the moment, Carter's funds are insufficient, and the level of trust between the two parties is not enough.
This is a bit embarrassing!
"For the hotel business in China, can you temporarily reduce the scale and then take it slowly? I don't know much about China, but I have the impression that their currency is worthless and their labor is relatively cheap. It stands to reason that some of the funds will be transferred out. The impact should not be too great, I almost forgot to ask, how much money did you bring to China?"

"I prepared 700 million US dollars, and now there should be more than [-] million left. I didn't calculate it carefully before, and the hotel is still doing cost accounting, but you were called to Japan halfway."

Carter made a profit, and was also analyzing the possibility of withdrawing part of the funds in his mind.

It is a bit exaggerated to say that we will directly launch 100 chain hotels, but after deducting the construction cost of the three washing centers in Beijing, Shanghai and Guangzhou, it is not difficult to build more than [-] to [-] small chain hotels with the remaining money.

Evenly divided to less than 20 in each city.According to the market data provided by Han Xue, these 20 hotels are obviously not enough!On the contrary, it is these hotels that can almost make [-]% of the money by opening them!

On the one hand, there are things that are in short supply and stable and can make money; on the other side, they are purely bound by interests, which not only make no money, but may even lead to losses
These two choices were placed in front of Carter at the same time. As long as nothing went wrong, Carter believed that no one would choose the second option!But, to make money in China
When these two keywords were put together, Carter suddenly thought of a more important question:

"Wait, I'll do the math when I get back to the hotel. I almost forgot the exchange rate factor"

"Okay! Then let me do the math for you too. I should be able to help you in this regard. You said that you are also doing international business. How can you forget the exchange rate?"

"Didn't I forget, I didn't say it just now! I haven't finished the calculation, and you called Japan to Japan when I was halfway through the calculation. Can you blame me?!"

"OKOK, blame me, blame me! Blame me, okay? How about this, let's find a Japanese-style hot spring hotel, soak in the hot spring to relieve fatigue, and then I will help you calculate the cost. By the way, what is the current exchange rate of RMB?"

"It's around 1.7 now. If you don't consider buying imported equipment, the purchasing power of RMB in China is still very strong, for example."

In the sound of Carter's introduction, the vehicle carrying the two drove into a hotel.The so-called Japanese-style hotel is different from the small hotel or American motel in Carter's impression.

Although it looks small from the outside, it is not as grand as a star hotel.However, the decoration of the hotel is very delicate. Upon closer inspection, many materials and patterns are solidly carved, and they are by no means crudely made.

If I have to make an analogy, Carter thinks that some boutique homestays in the future will have a taste of Japanese hotels.
"First time in Japan?"

After finishing the check-in procedure, Akio Toyoda found Carter who was looking around near the front desk, and said with a smile.

"Yes, the first time."

"That's right! I've come to Japan. It's boring to live in a big hotel. I can't experience the Japanese culture. The waiters are so dull, they all look like wooden people. This store is good. I recommend you to stay here when you come to Japan. , report my name and get a 6% discount~"

(End of this chapter)