Chapter 229 Cash Flow(1/2)
Chapter 229
The dinner is still going on.
The general manager was politely invited to the side, and an accountant was making compensation for him.
Just smashed that cup, it is very valuable. It is said to be antiques.
The general manager doesn't care, just a cup, how much money can you value?
What he is more worried about is the order of order of the Buck family!
Originally, this order would come half a month later, and it can give enough time to raise money for the general manager.
Even if it is a bank loan and equity pledge, it takes a little time.
Cash flow is most afraid of shortage, just like banks are afraid of crowding.
The time left to the general manager is very short, and the problem is a bit big, but don't panic.
He has taken root in the fog for so many years.
It is nothing more than paying more money and putting some blood.
The general manager is upset for this, the accountant said, saying that
"It's okay."
The general manager said impatiently,
"Just report a number, how much can a cup worth it?"
According to the requirements of the general manager, an accounting reports a number,
"A total of 6,500 pounds."
"What?!"
"6500 pounds?!"
The general manager and Paul exclaimed at the same time, and were surprised.
The general manager stepped forward and took the bill over to see the text above.
"You guys are ransom!"
A cup, it costs 6,500 pounds? What kidding!
"That's it, sir, this cup is a set of antiques. Broken one of them will depreciate this set of antiques."
The accounting pushed the glasses, and even explained the origin of antiques for the general manager.
"This is four hundred years ago, Baomin Guan Lu Deng gave a cup of six college scholars. The sixth pass of college students gave it to the eighth of the university.
"
It sounds like a tea set that has experienced such an experience. It is really not very cheap.
The general manager has no previous flames, like the defeated rooster, red with a red neck, murmured,
"Then, that can't be so expensive!"
"Everyone here uses antique tea cups."
Accounting shows a helpless smile, love can help.
These big characters, using antiques to make daily necessities, even if they are damaged, there is no burden.
The gap between Xingui and the old nobles is not just the difference in capital volume.
Looking at the other party as a funeral test, the accounting discourse turned around,
"Sir, you can rest assured. We have considered this. These tea sets are insurance. You only need to pay this compensation first.
The insurance company will check it at 5 to 10 working days. After checking, it will naturally return this money to you. "
And insurance?!
The general manager's eyes were bright, as if catching the life -saving straw.
"Can't you put it for a while and let the insurance compensate directly?"
Accounting rejected the other party’s request,
"Sorry, this is the rule, but you can rest assured. After a while, this money will be sent to you in a lot!"
Paul was anxious, trying to help the general manager go out, and was stopped by the other party.
In Paul's view, as long as he provides a guarantee worth 6,500 pounds, the insurance company will directly compensate after the expiration, will it be done?
The general manager thinks more.
At today's dinner, he was already a joke.
This place is full of big shots with big names. If Coral Mining wants to go further, it must cross this threshold.
This 6,500 pounds does not buy a cup, but a face!
The general manager gritted his teeth and squeezed out a few words,
"Write a check!"
the next day,
The general manager's eyes were bloodshot and he was sitting at his desk.
There was a pile of documents in front of him, including accounting books, newspapers, and appropriation applications.
Money! Money! Money!
The general manager didn't understand why he, who knew everything was going well, became so embarrassed in just a few days.
The general manager still doesn't understand that he has encountered a cash flow crisis.
Of course, he firmly believes that as long as he survives this time, he will have a bright future waiting for him!
"Paul, isn't Mr. Molden from the bank here yet?"
Molden is in charge of the loan business of a bank. He also helped with the last equity pledge. The conditions were very favorable and the loans were issued quickly and in large quantities.
The general manager didn't know how many times he asked, but Molden finally came late.
This time they met, Molden was not as enthusiastic as before.
Before the general manager could speak, Molden took the lead and attacked.
"Boss Kolar, what did you do? The newspapers today are all talking about the negative news about Kolar Mining. In this morning alone, your stock price dropped to 20 pounds!"
20 pounds is still a sky-high price for the original share price of Coral Mining.
However, the crazy rising momentum has been terminated, which is not good news!
The general manager couldn’t wait to say,
"Let's not talk about this for now, we need to make another equity pledge, loan financing is also acceptable!"
"Borrowing money again?"
Molden looked at the other party with suspicion, hesitating a little.
"Didn't you borrow 100,000 pounds? I remember that in the order contract, it only required 100,000 pounds, right?"
The general manager quickly explained,
"There was an accident. We only need a sum of money for turnover. It shouldn't be difficult to borrow tens of thousands of pounds based on our stock price, right?"
“It’s not that difficult”
Molden mused,
"I can complete the procedures within a week and I will definitely be able to give you a loan within two weeks!"
"Two weeks?!"
The general manager exclaimed,
"Why does it take so long? Didn't it only take us three days last time?"
"Times are different! Boss Coral! Times are different!"
Molden was a little impatient and explained,
"When we last met, your stock was booming, but now it's showing signs of decline. If that's all, it would be okay.
But the problem is that you have gotten yourself into trouble. The newspapers are talking about the Kolar Mining business and everything. It has made our bank a turmoil and everything is in jeopardy.
Let’s put it this way, just coming to you has taken me a lot of effort. If I want to make any pledge, I have to go through the formal process!”
In banks in foggy cities, following the formal procedures is equivalent to delaying the process indefinitely.
In particular, the general manager requires a large amount of money to be raised in a short period of time.
The equity pledge was frustrated. The general manager was heartbroken and gritted his teeth and said,
"Then we will sell stocks and raise cash!"
To be continued...