Although it is during the National Day, there are still many people on duty at the branch building of ICBC, but some ordinary counter services are closed.
With Lu Beifeng's current popularity, he can basically enter the building unimpeded by scanning his face.
He arrived early and it was now half past two. Their appointment time was exactly 3 p.m., and President Hu was still in the meeting.
After playing with their mobile phones in the reception room for a while, their buttocks were still hot, the president's assistant invited them to the office.
"Mr. Lu, I've been waiting for a long time."
A few minutes later, President Hu arrived belatedly, with a bright smile on his face. With a loan contract of 15 billion, he was still such a high-quality customer, and this year's loan task was completed ahead of schedule.
"President Hu is too polite. I came early."
Lu Beifeng smiled and responded politely. As soon as he sat down and exchanged a few words, he asked: "How long is the term of the 15 billion loan, and what is the loan interest rate?"
"Mr. Lu, are you planning on the long term or the short term?"
President Hu asked, but he was not being sloppy. After all, it was the person who was personally told by the leader, and he did not dare to pretend that he was the president.
"short term."
"The annual interest rate is 5% for three years, and the annual interest rate is 3.5% for five years. Take a look first." President Hu called his assistant and asked him to hand Lu Beifeng some more detailed information.
Lu Beifeng took the information, glanced at it briefly, and said with a smile: "Then let's take it for three years."
I couldn't help but curse in my heart. It turned out to be easier to make money by opening a bank. A loan of 15 billion with an annual interest rate of 5%.
The total interest in three years is 2.25 billion.
President Hu was a little anxious: "Mr. Lu, don't you think about it anymore? In fact, we can lower the annual interest rate to 3.5% for five years."
There is really a lot of money in their bank, but you have to be very cautious when investing. After all, it is people’s hard-earned money, so you must avoid bad debts as much as possible.
After finally meeting such a high-quality customer, he really couldn't bear to do it for only three years, preferably ten years or more.
Having these 15 billion loans available will reduce the task pressure in the next few years.
Lu Beifeng shook his head and sighed: "The main reason is that there is too little money. For the company, there is not much difference in three to five years."
Mr. Hu was speechless and smiled bitterly.
He knew that Lu Beifeng was telling the truth.
A ruthless person who can take out 13 billion in cash at one time, and a loan of 15 billion is not a lot for him.
President Hu gritted his teeth and said he could apply to the headquarters for a larger amount of authority: "Mr. Lu, what if it is a 20 billion loan?"
Lu Beifeng was surprised and reminded: "President Hu, the total valuation of Bailong Motors is only 25 billion, and there is still a lot of water."
A characteristic of banks is that they give you umbrellas in sunny days and take them back in rainy days. The less money-hungry a company is, the more willing it is to provide a loan. The more money-hungry a company is, the less it wants to deal with it.
Another situation is that there is no other way. Some companies already owe a lot of money to the bank. If they don't borrow money to tide them over this time, they will go bankrupt. They won't be able to get back their previous loans, so they can only bite the bullet and find ways to borrow money.
All companies with debt ratios exceeding 100% are like this, and real estate developers are the hardest hit.
But the key issue now is that the company is not short of money, but it is short of time.
The main purpose of Lu Beifeng's loan was to finance some time-consuming and labor-intensive projects, such as the headquarters building and supporting facilities in the factory. All aspects were progressed simultaneously.
Now the company has just started and cannot even keep up with the production capacity, so it has to find agent processors for help. First of all, it must meet the production capacity, and then develop further.
That's when money is really needed, but 15 billion or 20 billion is too little.
Lu Beifeng had already anticipated this situation. He still had a large amount of money to invest overseas, and it would be just right to take it out and invest it in the company when the time comes.
President Hu shook his head and smiled bitterly: "That's still a three-year period of 15 billion. After the National Day holiday, our bank will send a group to Bailong Automobile to conduct financial verification. If there is no problem, the funds will be in place within three days."
It's not that he doesn't want to borrow more, but that there are internal regulations within the bank. There are clearly written regulations on how much money a company can lend based on its market value, what its market value is, what its debt ratio is, and how much it can lend for the first time.
Lu Beifeng said: "Thank you, President Hu, for your understanding."
After the serious talk, the two of them were chatting. While chatting, President Hu suddenly said: "Mr. Lu, I heard that your company uses the Agricultural Bank of China channel to pay wages. In fact, our ICBC savings business is also very good."
With more than 7,000 formal employees, monthly wages of more than 200 million yuan, and savings of more than 2 billion yuan a year, they are also very greedy.
Such a big piece of fat is still snatched from the hands of the Agricultural Bank of China, so that it can be used to show off at the annual meeting.
"No problem, I will tell Mr. Chen of the company that all salary cards will be replaced after the National Day, and we will go through the ICBC channel."
Lu Beifeng readily agreed. When doing business and making friends, what matters is mutual benefit.
Moreover, it is a good thing to be close to Cosmos Bank. The company will have a lot of business dealings with them in the future.
"Mr. Lu is so happy. After the National Day, I will ask my colleagues from the local ICBC to go to the gate of your factory to handle the matter, so that your employees will not have to run up and down, which is too troublesome."
Elder Hu Xing had a smile on his face.
All KPIs this year were exceeded.
Afterwards, the two chatted for a while, and Lu Beifeng made an excuse to leave first. It would be dark if he kept going, and there would be a drinking party by then.
No matter how polite President Hu is, he is the president of the branch after all, so there is really no need to please him.
In fact, it was not because of Lu Beifeng that he only had a little money. The main reason was to give the person above him face, and Lu Beifeng himself knew that.
Leave ICBC,
Lu Beifeng called Chen Shaojie to explain the situation, the company's loan of 15 billion, and the replacement of salary cards, and asked him to issue a bidding announcement for the headquarters building construction project to the outside world after the National Day.
The shape of the headquarters building has been determined.
Among the seven design drafts, the design concept of one draft is very similar to the Sky Eye of Guizhou Province, with an annular pot lid on it, which is very sci-fi.
After visiting BYD's hexagonal building, Lu Beifeng was very fond of this kind of majestic building. Those tall buildings were too low and did not fit the image of their car company.
I caught the eye of this building that looks like an eye in the sky at first sight, so I definitely saw the right person.
Chen Shaojie was suspicious: "Are you sure you're right and don't think it's expensive and therefore better?"
Among the seven drafts of the headquarters building, this one is the most expensive, with an estimated cost of between 10 and 11 billion.
Lu Beifeng said with a carefree smile: "The loan of 15 billion is just to build the headquarters. The more expensive the better."
"Okay, you are the boss, you have the final say, I will make arrangements." Chen Shaojie was speechless.
Lu Beifeng handed the document to Zhang Jiali and asked her to take it to the company and give it to Zhao Zhiming before getting off work.
"Okay, Mr. Lu."
Zhang Jiali knew that as an assistant, she would be available all year round as long as her boss needed her, even if she was just here to make soy sauce like this.