Volume 4: The World of Great Conflict Chapter 0414 Desire to Invest
After entering Wu Zaisheng's office, he exchanged some pleasantries with Ye Ronghuan. After everyone was seated, Ye Ronghuan got down to business .
"Second Master Wu, Rongye Bank has indeed encountered difficulties. We took too big a step, which led to some problems with capital turnover. Now Rongye Bank's expansion has reached a critical moment, and the capital flow must not be cut off. That's why I asked Jardine Matheson Bank to lend some money."
Rongyehang has been developing very rapidly in recent times, with huge amounts of money invested in the construction of warehousing and trading centers. There is nothing wrong with this development model, and it is a very safe path. However, Ye Ronghuan also has the common problem of businessmen, he likes to play with leverage, and the number of teacups is always far greater than the cup lids.
A large amount of funds were invested in hardware, which also led to Rongye Bank's capital turnover difficulties.
Ye Ronghuan must be in a hurry, otherwise he would not have to find Wu Zaisheng to take a shortcut and could have gone directly through the bank's formal procedures. It is estimated that he could not wait to go through the process.
It is difficult for overseas Chinese businessmen to obtain loans from foreign banks, but this has nothing to do with discrimination.
As a businessman, whoever gives him money is God, not to mention the skin color, even if they are different species, it doesn’t matter. The reason why it is not easy to get a loan is that most Chinese businessmen have not been integrated into the credit system of Western banks.
Even though Nan Yi had never seen Rong Ye Bank's account book, he could guess that Rong Ye Bank's business transactions were mostly conducted in cash. The advantage of this was that they could pay less tax, but the disadvantage was that there was no beautiful bank statement.
Without good bank statements, and given that most Chinese businessmen do not like dealing with banks, many companies have zero credit rating with banks, so it is naturally not easy to get a loan.
There are various banks among Chinese in Europe and the United States that have evolved from money houses, but these banks have one thing in common, that is, they are small, with a small circle, small business volume, and little capital.
As far as Nan Yi knows, the Wu family's Jardine Matheson Bank is considered to be one of the stronger Chinese banks.
In other words, it was not wrong for Ye Ronghuan to approach Jardine Matheson Bank and Wu Zaisheng. Although Wu Zaisheng had previously shown that he was not interested in the Wu family's affairs and only cared about his own Jinggexuan business, it seemed that he could not affect the Wu family's business.
But Jardine Matheson Bank was different. The reorganization of Jardine Matheson Money House into Jardine Matheson Bank was handled by Wu Zaisheng's father, Wu Fuxing, and the middle and senior management of the bank were basically the old people left by Wu Fuxing. After Wu Fuxing and his wife passed away, Wu Jingyuan did not hand over Jardine Matheson Bank to Wu Zhenkai's father, but managed it himself.
Therefore, the middle and senior management of Jardine Matheson Bank are still the old people who followed Wu Fuxing in the past. If Wu Zaisheng comes forward, he can still be of some use.
Wu Zaisheng hesitated for a while and said, "Boss Ye, I don't know exactly how much money you need."
Seeing that Wu Zaisheng was about to give in, Ye Ronghuan quickly said, "It only takes 1 million pounds to get me through the next two or three months. After this period of time , I will be able to recover."
"It's not a lot of money, but Boss Ye, I have my own difficulties. It's not convenient for me to get involved in the affairs of Jardine Matheson Bank right now."
As soon as Wu Zaisheng finished speaking, Ye Ronghuan's face suddenly turned ugly, but before the change was over, his face turned good-looking again.
Because Wu Zaisheng's turning point has come.
"However, there is a way to get the money you want." Wu Zaisheng pointed at Nan Yi, "You have met my brother Ah Hao. He has a lot of spare money. You can talk to him."
As soon as Wu Zaisheng finished speaking, Ye Ronghuan looked at Nan Yi with hope.
Nan Yi nodded at him and said calmly, "Boss Ye, if you need money, I can lend it to you. The interest rate is not high, not to mention the excessive interest rate of 1% per month. 1.5 million, I will lend it to you for three months, and you can pay me back 1.6 million by then."
"Mr. Song, thank you so much. With your money, I can get through this difficult time." Ye Ronghuan said excitedly.
"Boss Ye, now that the funding problem has been solved, your Rong Ye Bank will surely make rapid progress. After London is on track, you can move on to the next city. I believe it won't be long before Rong Ye Bank will become the largest Chinese food supplier in the UK." Nan Yi said with a flattering tone.
Ye Ronghuan was flattered, and quickly waved his hands and said modestly: "Mr. Song praised me, I don't deserve such a high evaluation."
Ye Ronghuan was very happy about Nan Yi's high evaluation of Rong Yexing. Anyone would be happy if the cause he worked hard for was recognized and highly evaluated by others.
However, Ye Ronghuan would not be blinded by a compliment. Although Rong Yexing had become the leader in Birmingham, in the whole island of England, it was good enough for his Rong Yexing to be among the top ten in food supermarkets. He would not dare to underestimate the heroes of the world and would not have the illusion that Huaner was the only hero in the world.
Although he had set the ambitious goal of becoming the leader of the Eagle Country since the moment he broke out of Birmingham, that was a long-term goal. The most important thing at the moment was to gain a foothold in London.
It is not easy to be the number one in the Eagle Country. We have just stepped out of Birmingham and established a second base, but the funds are already stretched. We don’t know how many difficulties are waiting for us in the future.
Thinking of this, Ye Ronghuan said helplessly: "Mr. Song, the most important thing in our business is the high turnover of funds and sufficient working capital. Warehousing and trading centers are the foundation, but these two are also Pixiu, which will continue to devour funds. I want to see them spit out, and some are waiting.
It would be great if we could build another base in London. You might as well ask Young Master Wu. In the field I am immersed in, there are many people bigger than Rong Yexing. Rong Yexing can only be considered second-rate at best. "
"Boss Ye, why do you have to belittle yourself? In my opinion, Rong Ye Bank has great potential for the future. Even Ah Hao, who had just arrived in London, spoke highly of it. Otherwise, even with my face, he would not have lent you the money so easily."
The potential is huge, but it also means that things will be difficult at the moment, and that there are still many colleagues who are overshadowing Rong Yexing.
"Boss Ye, before coming to London, I have also been to several countries and seen Chinatowns in other countries." As soon as Wu Zaisheng finished speaking, Nan Yi continued, "A few decades ago, we Chinese were quite united, but now, to put it bluntly, if we don't cheat our own people, we are considered good compatriots.
The Chinatown in London is the most united place among Chinese people I have ever seen in the West. As far as I know, this has something to do with the influence of Ah Sheng’s Wu family.”
"Haha, Ah Hao, just speak nicely and don't flatter me at the same time." Wu Zaisheng said with a smile.
Following Nan Yi's words, Ye Ronghuan also complimented: "Mr. Song is right. The Chinese in London have indeed benefited a lot from the Wu family, the second young master Wu."
Wu Zaisheng was polite again and the conversation returned to the right track.
Nan Yi continued, "When we Chinese do business, we like to go it alone and have the final say. As for the money, we want to put it in our own pockets and eat all the food by ourselves.
But the cakes in this world are limited, and the number of people who want to eat them is infinite. After all, a person's ability is limited, and you can only pick up one piece of cake at a time. You have to wait until you finish eating one piece before you can free up your hands to pick up the next piece.
But others are different, they come together to form a team, they can pick up several pieces of cake at a time, which is much faster than fighting alone. "
Ye Ronghuan's eyes gleamed, and he said, "Mr. Song, do you want me to bring in a partner?"
"Yes, by introducing partners and obtaining financing, Rongye Bank will develop faster and set higher goals. It is not only the leader in Eagle Country, but also the number one in Europe. It is not impossible. In the future, Rongye Bank can even be expanded globally."
