Hua Kefang looked at the newspaper and felt as bitter as a mute eating coptis.
The situation reported in the front page headlines may be the current reality, or it may be Hua Kefang's excuse for external publicity. The report did not spread rumors and slander, it was a rational analysis based on the current situation.
But the conclusion drawn from such a rational analysis is very scary. This front-page headline says that one's debts are at risk. How influential is this? How many people will doubt their ability to repay debts after reading this newspaper?
Hua Kefang clutched the newspaper, her face ashen.
He pondered and pondered, and gradually realized that Li Zhi's knife had struck seven inches of his body.
Your own debt is indeed risky.
Hua Kefang's biggest problem is that it has expanded too fast and has too much debt. Over the years, Hua Kefang has never let go of anyone who can borrow money. Hua Kefang firmly believes that money makes money, so he borrows money from banks.
, borrow materials from suppliers, and borrow money directly from friends in the business community. In order to accelerate expansion, Hua Kefang's factories and warehouses are all rented, and the entire enterprise's asset-liability ratio is extremely high.
Hua Kefang and Li Zhi are fighting each other. The factory has stopped production or even transferred production capacity. The first thing to deal with is the extension of debt. Without income from agricultural machinery sales, Hua Kefang will undoubtedly not be able to pay the money, and can only let the borrowers delay collection of payments.
day.
Originally, this was not a problem. With Hua Kefang's reputation in the world, it was not a problem at all to delay the maturity of the loan. As long as Hua Kefang gave the borrower a little interest bonus, the borrower would often go back happily.
But now, with such a front-page headline, what will happen?
Hua Kefang no longer wanted to brush his teeth. He grabbed the newspaper and read the headlines over and over again.
Suddenly, Hua Kefang's housekeeper rushed in.
"Sir, several suppliers from the factory are here."
Hua Kefang frowned and shouted, "What are they doing here?"
The housekeeper said in a panic: "They are all here to ask for money for materials."
Hua Kefang's face turned pale, and she secretly thought that these people had arrived too quickly.
You cannot be weak at this time. If you are weak at this time, debt collectors will come to your door one after another. Hua Kefang wiped her face with a towel, calmed down and said, "Let's go and take a look!"
Hua Kefang walked to the main hall of her yard and saw five material suppliers sitting there. The first one was Xu Dai, a large steel trader who provided steel to Hua Kefang, and another supplier of rubber to Hua Kefang.
Wheels, agricultural machinery and knives. The five people's faces were a little nervous, as if their money might be lost at any time.
Hua Kefang walked into the lobby, suddenly put on a smiling face, and said loudly: "Which gust of wind brought Mr. Xu here?"
When the five people from Xu Dai saw Hua Kefang coming, they looked at each other for a while, then they all stood up and bowed to Hua Kefang.
Xu Dai looked at Hua Kefang, raised his hands and said, "We don't go to the Three Treasures Hall for no reason, but we came to see President Hua when something really happened."
Hua Kefang pretended not to understand Xu Dai's purpose, and sat down with a smile. He picked up the tea cup and blew the tea leaves floating on the tea cup. Hua Kefang asked leisurely: "What's that?"
Xu Dai looked at Hua Kefang's winning appearance and suddenly felt a little dazed. Wasn't the Huashi Agricultural Machinery Factory suspended for more than a month? Now that Hua Kefang has no income, why is he not panicking at all?
These small suppliers are not members of the Chamber of Commerce and do not understand the details of this crisis.
There are two theories circulating in the market. One is that the Huashi Agricultural Machinery Factory closed down because of competition with the prince. But because Hua Kefang and others were afraid that Li Zhi would punish them, they said everywhere that they stopped operations because they continued to lose money.
It's so similar, so there is another theory: it is said that the agricultural machinery industry is generally experiencing losses, and major agricultural machinery factories are in difficult times, so they have stopped production.
After today's Tianjin Daily report, the second theory has prevailed.
Xu Dai and other five suppliers undoubtedly believed the second statement.
Xu Dai handed over his hands and said to Hua Kefang: "President Hua, open the skylight and speak frankly. We are all small businessmen, unlike your family who have a big business. We really can't afford it. The five of us are here.
What I mean is that it has been three or four months since our first few batches of materials were delivered to the factory. Can President Hua give us the money for the materials first?"
Hua Kefang frowned and was about to say a few words to deal with it when she saw several more material dealers walking outside the door.
The materials dealers also had anxiety on their faces. They had obviously read Li Zhi's newspaper to collect debts. However, they did not speak when they walked into the lobby. Instead, they stood down and looked at Xu Dai and others, as if they were observing.
wind direction.
At this critical moment of debt, these people did not care about etiquette. They stood there as if they were watching a play on the street.
Hua Kefang thought to herself, secretly thinking that if she did not agree to Xu Dai's repayment request at this time, her reputation of being unable to repay would soon spread to the outside world, and people who came to ask for money would cross the threshold of the Hua family.
Hua Kefang said loudly: "Xu Dai, you have been providing materials to my agricultural machinery factory for two years. We have always postponed the payment of materials for half a year. The money for materials is being used in my factory, so I will give you a high interest rate of 7%."
. Now if you come to ask for money three months in advance, I can give you the money, but the interest will be gone!"
Xu Dai was stunned, then turned and looked at the other four people behind him. The four looked at each other for a while, and finally were frightened by the Tianjin Daily report, and they all nodded towards Xu Dai.
Xu Dai handed over his hands and said to Hua Kefang: "President Hua, we want money, and if we don't have the interest, we won't have it!"
When Hua Kefang heard this, she put on an unhappy expression on her face and said: "Xu Dai, when I do such a big deal with you, everything is done in a systematic way. You suddenly came to collect debts and messed up my account books.
, it’s up to you to decide whether this business can be done in the future.”
When Xu Dai heard Hua Kefang's threat, he still held on to the money and said, "President Hua, we will discuss our future business later. Today we just want the money."
Hua Kefang was very disappointed when he heard Xu Dai's words, but his face was calm. He looked at the door of the house outside the lobby and found that two more creditors had walked in. Obviously, these creditors had seen the Tianjin Daily's
According to reports, everyone came to Hua's house to see which way the wind was blowing.
There is no room for weakness at this time, and the five people from Xu Dai must be sent away.
Hua Kefang nodded and said: "Housekeeper, please take 21,000 taels of cash and pay for the materials to Xu Dai and the others!"
The steward agreed loudly, and immediately directed people into the warehouse, and soon more than 20,000 taels of silver were brought out.
The housekeeper shouted and opened the lid of the box. The 20,000 silver ingots were placed in the main room, which was so dazzling that they immediately calmed down the material dealers who were worried about Hua Kefang's insolvency.
The four people behind Xu Dai were stunned when they saw so much money being carried out.
Hua Kefang still has money.
If you press for debt like this, will you be unable to do business with Hua Kefang in the future?
When several creditors standing outside the lobby watching the wind saw this posture, they all stopped talking about asking Hua Kefang for money. Some of them even waved their sleeves and walked out the door.
Xu Dai glanced at the white silver, and the anxiety on his face disappeared. He said loudly: "President Hua, don't worry, since you paid the materials for five of me, we will definitely spread the news.
Go to the streets and alleys of Fanjiazhuang and let everyone know your strength, President Hua."
"We have taken President Hua's repayment, and no one will worry about the bankruptcy of Hua's Agricultural Machinery Factory!"
Hua Kefang smiled and secretly thought that Xu Dai was on the right path.
As long as the news that you are rich gets out, the terrible thing of creditors coming to collect debts collectively will not happen.
Hua Kefang nodded and was about to teach Xu Dai a few words when she suddenly heard a disciple singing loudly: "Cui Wending, the president of Fanjiazhuang Branch of Jinqi Bank, is visiting!"
