Reborn Industrial Tycoon

Chapter 302 The richer you are, the stingier you become (please subscribe)

After completing the relevant procedures for agricultural machinery subsidies, Li Weidong went to the rural credit cooperative without stopping.

In the process of selling agricultural machinery, in addition to agricultural machinery subsidies from governments at all levels, there is another powerful tool, which is rural credit loans.

Rural credit loans are generally approved and issued by rural credit cooperatives. They are small loans and the amount is not large, but it is more than enough to buy an agricultural tricycle.

This kind of small loans in rural areas are often low-interest or even interest-free. Sometimes there are some periodic preferential policies to encourage farmers to take loans, which is equivalent to the state paying interest subsidies to farmers to take loans and engage in agricultural production activities.

In other words, for farmers, when purchasing agricultural machinery, they can not only enjoy national agricultural machinery subsidies, but also enjoy small interest-free loans from rural credit cooperatives.

Farmers who meet the loan conditions can drive their agricultural tricycle home without spending a penny.

During the harvest season, you can take a temporary loan to sell an agricultural tricycle. If you sell all the crops this season, it will be enough to repay the loan. This is equivalent to using it first and buying it later, and buying an agricultural tricycle for free.

Things that can be used for free will naturally be welcomed, so Li Weidong must open up loan channels for rural credit cooperatives. As long as credit cooperatives are willing to issue loans to farmers who buy agricultural tricycles, the Fukang No. 1 agricultural tricycle can be quickly promoted in Qinghe.

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In Li Weidong's plan, agricultural tricycles must enter every village in Qinghe before the end of the year, so that when the Ministry of Agriculture inspection team comes to Qinghe, they can submit a satisfactory answer.

The president of the Rural Credit Cooperative, whose surname is Zhang, is a middle-aged and middle-aged man with a stout figure, but he has a handsome face. He must have been a handsome guy when he was young.

Li Weidong handed a stack of documents to President Zhang and said at the same time: "President Zhang, our Fukang No. 1 agricultural tricycle has received a special agricultural machinery subsidy from the Agricultural Machinery Department of the Ministry of Agriculture. This is enough to prove that our agricultural tricycle is a very good one."

Excellent product.”

"Director Li, I understand what you mean." Manager Zhang took the document and said while reading it: "You want our credit union to relax some conditions for loans to farmers who buy your tricycles, right?

"

Li Weidong nodded: "President Zhang is really quick to talk!"

President Zhang continued: "Director Li, our Rural Credit Cooperative's loans are different from those of big banks. The loans we issue are basically credit loans without collateral, so every loan, credit

The staff will conduct on-site inspections to ensure that the loan is really for agricultural production.

Since it is a fast credit loan, it has to bear relatively large risks. For example, some farmers took out loans and used them in agricultural production, but they encountered some natural disasters or man-made disasters, or the agricultural products were unsaleable, and the loans would not be repaid.

Yes. So when it comes to credit approval, we have our own standards, and we can’t just relax them by relaxing them!”

Governor Zhang's words sounded like rejection, but Li Weidong could feel that Governor Zhang's tone of voice was slow and leisurely, as if he could continue the conversation.

So Li Weidong said: "President Zhang, let's open the sky and let's talk clearly. Do you need deposits or loans? If you need deposits, I will deposit a sum of money in your credit union. If you need a loan, I will deposit money from you."

Bring a sum of money to your credit union!”

What banks want is nothing more than deposits and loans. Local financial institutions like rural credit cooperatives are not as good as the four major state-owned banks. Li Weidong was so tired that he thought that if he could get a deposit or loan of two to three million, he could get it.

I sent Governor Zhang away.

"Director Li is so generous!" Manager Zhang gave a thumbs up, and he continued: "The operation of our rural credit cooperatives is different from that of big banks. We mainly do policy work. For us, deposits and loans

It’s not important, so I don’t want deposits and I don’t want loans.”

What President Zhang said was the truth. At that time, rural credit cooperatives mainly implemented policies to benefit farmers and were not as active in absorbing deposits and commercial loans as the four major state-owned banks.

So Li Weidong asked: "Then what do you want?"

"I need a deposit." President Zhang continued: "Our rural credit cooperatives are implementing the country's policy of benefiting farmers by issuing small credit loans to farmers. If the farmers fail to pay, it will be equivalent to our future implementation of the national policy.

and take risks.

For our rural credit cooperatives, profit is not the main purpose. While completing the policies arranged by the state to benefit farmers, we should reduce risks as much as possible and ensure that every loan can be recovered. This is our main job and task.

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If we ask our credit union to relax the loan conditions for farmers to buy agricultural tricycles, it means that our credit union has to bear more risks, which is contrary to our work goals. So if you want us to relax the loan conditions, you need to pay a deposit

.

If some farmers fail to repay their loans, causing our credit union to suffer losses, then our credit union’s losses will be directly deducted from this deposit, which means that the risk of this loan must be borne by you!"

Li Weidong frowned and then fell into thinking.

The loans issued by rural credit cooperatives are mainly aimed at farmers, and they are all low-interest or even interest-free. When rural credit cooperatives issue loans, they have no profit but have to bear risks. They are basically making money at a loss.

Therefore, for rural credit cooperatives, their first priority is not to make money, but to reduce risks. Therefore, they have to transfer the loan risks to Li Weidong through margin deposits.

If it can fulfill the national policy of benefiting farmers without taking on loan risks, this is obviously the best operating condition.

At that time, the approval of small loans from rural credit cooperatives was also relatively strict. Loan officers from rural credit cooperatives would make special visits to inspect the loans, and agricultural machinery loans were also earmarked for special purposes, so bad debts on loans were not so easy to occur.

For example, if Li Youfu of Ganquan Village wants to buy a farm tricycle, the loan officer will go to Ganquan Village to see in person how many peach trees Li Youfu has in his home and how the peach trees are growing. When the loan officer confirms that the peaches are sold, Li Youfu

The loan will be granted to Li Youfu only if you have the ability to repay the money.

Moreover, the money was not given directly to Li Youfu. In order to ensure that the earmarked funds were used exclusively, the loan was given directly to the agricultural machinery station. Li Yongfu directly took the loan note from the credit union and went to the agricultural machinery station to pick up an agricultural tricycle.

If Li Youfu fails to repay the loan, then the agricultural tricycle will definitely be confiscated by the credit union, just like the car is confiscated now if he fails to repay the loan to buy a car.

When the credit union sells the tricycle and sees how much money Li Youfu still owes, the money owed to the credit union will be deducted from the deposit.

If someone wants to have sex for nothing, it is just a one-time transaction.

For example, if you buy a new car with a loan and use it for a few months, you don't pay back the money and just throw the car to the credit union. It's like buying a farm tricycle for several months in vain.

But at the same time, this person has also been blacklisted by rural credit cooperatives and agricultural machinery stations. It will be impossible for him to get a loan from a credit union or buy agricultural machinery in the future.

Calculating it this way, paying such a high price for a farm tricycle that has been used for nothing for several months is definitely not worth the gain.

Li Weidong quickly figured it all out.

"Calculating it this way, even if someone fails to pay, my actual loss will not be too big. As long as I can promote agricultural tricycles, a loss of hundreds of thousands is acceptable, so just treat it as advertising!"

Li Weidong also wanted to spend hundreds of thousands on advertising, but what Li Weidong was selling was agricultural tricycles. At that time, most farmers did not even have a TV set in their homes, and ordinary farmers would not subscribe to newspapers.

Therefore, whether it is advertising on TV or in newspapers, farmers cannot see it.

At most, Li Weidong advertised on the radio. However, many farmers have never seen a real agricultural tricycle. Who knows what an agricultural tricycle is just by talking about it?

Such an advertisement is definitely far less effective than "What should I do if I get an unexpected pregnancy? Go to the Big Iron Stick Hospital to find Director Tong"!

So Li Weidong asked cautiously: "President Zhang, how much deposit do you want?"

Governor Zhang stretched out five fingers.

Li Weidong's eyes flashed with displeasure. He felt that the five million deposit was too much!

Manager Zhang noticed the displeasure in Li Weidong's eyes, and he said: "Director Li, if you think half a million is more, then you can give me 400,000!"

Li Weidong instantly understood that he had overthought it. Governor Zhang's five fingers represented half a million, not five million!

At that time, rural credit cooperatives only issued small-amount loans, ranging from one to two thousand yuan at most, to a few hundred yuan normally, to tens of yuan less, and to more than ten yuan.

For example, if farmers have no money to buy pesticides, they go to rural credit cooperatives and borrow a dozen yuan to buy a few bottles of pesticides to use on their crops first. After a few months, when the agricultural products are harvested, they are sold in the market.

Then pay back the ten dollars.

Therefore, a deposit of 500,000 yuan is already considered a lot for rural credit cooperatives, enough to issue loans to thousands of farmers.

Li Weidong is a rich man, so a mere 400,000 yuan is nothing! It's just a drop in the bucket.

However, Li Weidong remained calm. He pretended to be thinking, and then showed a troubled expression.

"President Zhang, this 400,000 yuan deposit is still a bit too much. Can it be reduced further?" Li Weidong said.

"Okay, I'll give you another 50,000 yuan off!" President Zhang said.

"Three hundred thousand!" Li Weidong paused and then said: "Although we have received a subsidy from the Department of Agricultural Machinery, the subsidy will not arrive until next year, so the factory's funds are still quite tight. I also hope that President Zhang can

Please understand."

President Zhang pondered for a moment, sighed softly, and nodded in agreement: "It's not easy for everyone, so let's give it three hundred thousand!"

"Thank you so much, President Zhang!" Li Weidong showed a grateful expression and sighed in his heart, but secretly said in his heart: Li Weidong, Li Weidong, the richer you are, the stingier you become!

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