Rebirth: From Cottage To Big Money
Chapter 550
Have to admit it!
Jingxixi Group is really generous!
An LCD screen production line of up to RMB 3.1 billion placed 30 orders in one breath. This is a super order of up to RMB 93 billion, and people just placed such an order without saying anything, if not The average company can have such courage.
Just ask!
Let your company come up with 93 billion in one go, can you get it?
Of course, it does not mean that you can take it out at once. At least when you place the order first, as a regular customer, you are also a close partner. You don’t need to take out the full amount, and even the payment is divided into three installments. When you place an order, the deposit you take out is 30%!
The 30% deposit is actually quite a lot, reaching 310 7.4 billion!
This is not a small amount of money, good or not, nor can ordinary people come out. As a real economic enterprise, it is not wrong that Jingxi Group is very strong, but it is also difficult for them to spend so much money at once. Yes, it is certain that the Jingxi Group may have so much liquidity in its accounts, but they will never take out the entire amount from their accounts.
It must be a bank loan. This is inevitable. In this case, their company's liquidity can be greatly eased. For example, if their company has 50 billion liquidity funds, then it is impossible for them to take out 310. One hundred million, because if it is taken out of their accounts, even though there are so many, even after payment, they still have more than ten billion of funds to use.
But for a large group, what can more than 10 billion do?
For ordinary companies, more than 10 billion working capital is enough for them to maintain for several years without problems, or even longer, but for Jingxi Group, it is not good, because their group’s stalls are too large. When it gets bigger, money needs to be spent everywhere. It is possible that if one is not good, more than 10 billion will be paid out, so what do they do?
The liquidity will be broken, and the consequences of the break are extremely serious. If one is not issued, it is not impossible for their company to wind up and close down because of the break in the capital chain. I don’t know how many large companies there are, just because of this. Heading for extinction?
Even if your company is recognized as a potential company, you know that it is a high-quality company, but sometimes there is an emergency situation and the end is actually only a momentary thing.
After all!
Even if it is an emergency, it takes time for you to find a bank loan. It is because the loan is approved and the loan is transferred to your company's account. It takes time and process. Many high-quality companies just fail. At this time, a large amount of loans, from application to approval, then approval, and then the start of funding, all require a process.
Even if it is an emergency bank approval, all approvals are simplified. This process takes at least half a month. This is still the green light all the way, and a lot of links are omitted in the middle!
There are only a few companies in China that have such authority, and some senior executives need to give instructions. Otherwise, it will take a long time to go through the process if the loan amount exceeds one billion.
Some companies just apply for a loan of 10 million yuan, and the entire process can even take three months.
It can be seen how long this process is. This is probably the biggest problem for many entities. After all, after such a long time, when the loan is approved, the day lily will be cold, okay? No, it should be said that it has been completely cold. .
And even if it takes half a month, if the entire process goes through and all passes, for some companies that are in dire need of funds, it will actually be pretty cool.
A formal loan from a bank always takes time to approve, because it takes time. When preparing a loan, many companies always apply first. When the whole process is completed, the loan just comes down and everything goes smoothly. .
This is the normal operation of a physical enterprise!
Precisely because of these complicated processes, and some development plans of its own company, etc., presumably, when Jingxi Group was preparing to purchase a new generation of LCD screen production lines from Xinyihua, it had already begun to apply for loans from the bank, right?
When the negotiation is over and the order is finally placed, the loan is taken down, and then they formally sign the contract to reach a purchase...
There is absolutely no use of their own company’s working capital. Even if their group has enough money on the books to pay the deposit, they will not use it. They keep a certain amount of working capital just to cope with it. need!
Even the Jingxi Group placed an order for 30 new production lines this time, up to 93 billion yuan, and they all borrowed more than 80 billion yuan, which is not impossible.
For such a large loan, it is the Jingxi Group. Other companies and banks may not grant them so many loans, but they are different. They still have a great chance of being able to borrow such a large amount of money.
But no matter what, it is a matter of Jingxi Group, not a matter of Xin Yihua, Xin Yihua only needs to remember that you placed the order. The first step is to ask you for a 30% deposit, and then the second installment. , It is agreed that after how many production lines have been delivered, how much money you need to pay. If the final payment is made, it may be that the delivery of all 30 production lines will be completed, and it will take too long to pay in full.
There is no way to do this. In a lifetime, even if it is two very formal companies, it is inevitable that the payment is in arrears. It cannot be said that all my goods have been delivered, and you need to settle all the payments.
Of course there is such a business or cooperation!
But that is a small number after all. It can only be said that the amount of money involved is a little big and scary. No matter how powerful a company is, it is impossible to say that the delivery of the production line is over, and all the money will be settled for you. After the production line is returned, it will take time for the process to be carried out, then shipped, and then paid to the partner's company. This will lead to a certain amount of time for their company's funds to be returned to the circulation.
Maintaining financial health requires continuous circulation in this way, so it is very common to delay payment of payments.
And there are companies that don’t know how many, just because of these payments, it dragged down.
To be sure, this cooperation with Jingxi Group, that is, for these 30 orders, the final payment will probably be one and a half years later, and the amount occupied will definitely not be less than 20 billion. Much.
…….
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