The reborn peasant girl has space for farming

Chapter 1098 Obtaining Huge Funds
The owner of this supermarket chain wants to use his company's equity as collateral to raise 500 million M from the bank to expand his business empire.

But what he didn't expect was that none of the banks approved the loan, not even 200 million.

"How is this possible? Our company has so many goods in the warehouse and so much real estate. How can it be that we can't loan out any money at all?"

The boss felt that his subordinates were not doing things well, so he personally called several banks that he was familiar with. He had borrowed money from these banks before and paid the interest on time. Those banks were very considerate of reputable customers like him. It should be very welcome.

But the reality was the opposite of what he imagined. Those people were very embarrassed after hearing his request for a loan. Finally, under his questioning, a bank employee who had a good relationship with him told the truth.

It turned out that several other large supermarkets were dissatisfied with his reckless behavior and told several major banks not to approve the loan. They also said that the boss's capital chain had been broken and he was unable to repay it.

Naturally, these major banks did not want to offend those wealthy people, nor did they want to take any risks, so they could only reject his loan requests one by one.

"How could they do this!" The owner of the supermarket chain was furious, but most of the company's liquidity has been lost. According to the current rate of spending, he can't even sustain it for half a month.

He had to negotiate with Mr. Bai through Black Warrior, hoping that he could change their way of settling goods, or stop the delivery service for a while, so that he could have some time to recuperate.

Naturally, Bai Meixi would not agree to this kind of thing, but she was willing to use another method to alleviate the supermarket owner's financial problem. He could use his shares as collateral to buy goods on credit with her until he had sufficient funds. , and then return the money to her.

The supermarket owner's monthly sales volume is huge. Bai Meixi only needs to borrow half a month's worth of goods for several hundred thousand yuan, and the interest rate seems to be cheaper than that of the bank.

In the eyes of this supermarket owner, this approach is simply a blessing from heaven.

After the supermarket owner no longer needed to pay for goods, he suddenly had more cash in his hand and began to spend money lavishly. He expanded his fleet three times in order to catch up with the quota he had set. speed time.

With the addition of these fleets, the situation of delayed delivery has indeed been alleviated, and several other supermarket giants have already appeared to be about to go bankrupt. They have begun to shrink their stores and reduce the backlog of goods.

This situation made the supermarket owner feel that he was sure to win. He even used funds to acquire the property rights of other people's supermarkets and opened three new stores in succession.

All these acts of seeking death were seen by Bai Meixi. She felt that this man was even stupider than she thought. He didn't read the contract carefully and his death was coming soon.

"Ms. Ruan is really shrewd in business. The interest on this loan seems to be very cheap, but in fact it is more than three times higher than that of the bank. According to the speed of his spending, within three months, all the stores under his name were sold out. It’s yours.”

Those black warriors admired Bai Meixi's strategy. The method she used was basically boiling a frog in warm water. It seemed that she was thinking about the owner of the supermarket every step of the way. In fact, every step she took was to reduce his assets.

"Three months is too long for me, and now is a good time."

Only half a month later, Bai Meixi reminded the boss that he must pay all the money for the goods, otherwise his shares would be auctioned and the money would be used to pay off the debt. "How could this happen? The payment for the goods you said can be paid off with shares. Why are you suddenly urging me to pay back the money now?"

The supermarket owner spent all his money on the logistics fleet. Now if he is asked to take the money, it is impossible for him to take it out.

"It's because you used your shares as a mortgage that I agreed to let you pay for the goods half a month later. This is clearly stated in the contract. You must first settle the payment for one batch of goods before you can owe the next batch on credit."

Bai Meixi asked lawyer to show the supermarket owner all the contracts they signed. It was indeed necessary to settle the payment every half month.

The supermarket owner immediately became anxious when he saw this. The payment for goods was settled every half month, which meant that he only had the right to use all the money for half a month. Such an agreement could not accomplish anything at all.

"You are fooling me, you have been fooling me from the beginning to the end! My supermarket chain ranks among the top in the country. If you want to use such a small amount of money, just take it away. I will not agree. I am now announcing our cooperation. It ends here."

The supermarket owner refused to give up and announced that he would stop all delivery services that day and planned to transfer the logistics business in an attempt to return the company's funds.

Unexpectedly, he received a summons from the court that day because he stopped the delivery service privately and caused serious losses to Bai Meixi, and he needed to compensate three times the contract price.

This amount is equivalent to an astronomical figure for the owner of this supermarket. All his shares are now mortgaged to Bai Meixi, and he has no extra money to pay liquidated damages. His only way out is to file for bankruptcy and transfer his name to the supermarket. He must liquidate all his property, otherwise he is likely to be sent to prison for non-payment of debts.

The owner of a supermarket chain was unwilling to give in, but he had no choice but to apply for bankruptcy before the court session to avoid going to jail. However, he did not expect that his property would be seriously underpriced, and was sold at a price that was more than half of the market price. Not even enough to pay liquidated damages.

The supermarket owner found himself in a desperate situation. He had lost everything, but he still owed a lot of debt to others. In the next few years, every penny he earned had to flow into Bai Meixi's pocket.

At this time, he suddenly realized that he had been tricked by those black warriors. They had been united from the beginning to defraud him of his money.

The news that the supermarket chain had changed owners quickly spread throughout the circle. Bai Meixi successfully took over all of this man's things. She reduced the prices of all the items, and sold the real estate and logistics companies to other groups, earning received a large amount of funds.

Bai Meixi did some calculations, excluding the 100 million yuan she had borrowed from the bank and the share she needed to give to the Black Warrior. She made a net profit of 180 million M national currency this time, which Bai Meixi gained after coming to M country. the largest amount of funds.

This incident made Bai Meixi famous. At the same time, the black warriors also extended an invitation to Bai Meixi, willing to help her acquire other companies so that her group could continue to grow.

But this time, many people are on alert and are extremely cautious in any cooperation involving Bai Meixi.

(End of this chapter)