"The company has no available funds, and two other bank loans are about to expire. The project under construction has reached the point of paying the project payment. If there is no funds coming in now, it will either buy the project at a low price or buy the land at a low price.

Lu Jianping’s approach

“The company has no available funds, and two other bank loans are about to expire. The project under construction has reached the point of paying the project payment. If there is no funds coming in now, it will either be bought at a low price. The project must buy the land at a low price, otherwise the capital chain will be broken,” I replied.

"Xiao Jin, neither the project nor the land can be bought cheaply. The project will soon reach the sales point. As long as you persist for a little bit, the funds will come in. Moreover, it is inevitable that housing prices will rise in first- and second-tier cities. Others are worried about not being able to get the land. Your company holds 70% of the land and I hold 30%. The total price is 700 million yuan. When I bought the land, I borrowed 150 million yuan from the old director and agreed to pay it back in three months with interest of two cents. It has been four months now. Otherwise, your company can also borrow some from the old director," Lu Jianping said.

"Brother Jianping, I don't think you can borrow. You were so rich before, but now many of the difficulties are not caused by interest. You said that houses will rise and land will rise. I believe it, but no matter how high the house prices rise, no matter how fast the land prices rise, It has nothing to do with non-large real estate companies like us. Even if land prices increase by 200%, how much money can we make? The land value-added tax alone accounts for 60% of the profits, plus business tax and corporate income tax. , deed tax, etc., even if we don’t share it personally, if we avoid personal income tax in and , more than 80% of the profits will be gone. Add in hidden expenses, how much profit can we get from financial expenses, if the financial expenses are too high "High, if it takes too long, we may be in vain and all the profits we make may not be enough to pay the interest!" I replied.

"Xiao Jin, your project is about to reach the sales point. It is better to borrow a sum of funds than to buy the project or the land at a low price." Lu Jianping continued to persuade!