Chapter 3766 (2/2)
The reason why the disciples and branches of the Su family were able to borrow more than 500 billion yuan was very simple.
Hengyu chamber of Commerce in Waiyang Island trade, is with the Su family cooperation.
Hengyu chamber of Commerce in Waiyang Island, only a headquarters, and no shops.
All kinds of precious materials and medicinal materials of Hengyu chamber of commerce are sold through the shops of Su family.
In the eyes of the Su family
Hengyu chamber of Commerce, this is obviously borrowed chicken to lay eggs, occupy the light of the Su family.
Therefore, Hengyu chamber of commerce is absolutely afraid to offend the Su family.
Because of this, all the children and branches of the Su family had no pressure to borrow money from Hengyu chamber of Commerce.
In their opinion, Hengyu chamber of commerce did not dare to offend the Su family in any case.
Otherwise, no matter how many precious materials and medicinal materials they have, there is no channel to sell them!
By a variety of excuses, the branches of the shop, often default, or squeeze payment.
If you don't bribe the staff of Hengyu chamber of Commerce.If you don't often bring a gift to please you.
If you don't give it to you, you won't get it.
If you have the ability, don't ask us to cooperate with us?
Facing the domineering Su family, Hengyu chamber of commerce does not have a good way.
Ask grandfather to sue grandma, carrying a large number of gifts to the door, also does not work.
However, Hengyu chamber of Commerce used a lot of money to bribe those executives.
The capital of goods can be overstocked, but can we change the way of overstocking?
Is it more appropriate to transfer the squeezed part of the funds into the loan of Hengyu chamber of Commerce?
In the face of heavy bribes, the directors of each branch of the Su family were obviously unable to resist.
Funds continue to be overstocked, but in the form of a backlog, they are turned into loans.
All the money owed to Hengyu chamber of Commerce.
It's no big deal to turn into a loan.
Although we have to pay more interest.
However, for the directors of each branch of the Su family, they don't have to pay the interest.
On the contrary, they put a huge amount of bribery funds into their own pockets.
There's nothing better than that.
A lot of money squeezed by goods turned into loans.
Plus the loans from the children and branches of the Su family.
In the calculation model of rolling profits, the capital has been hoarded to more than 500 billion yuan.
Plus the 600 billion interest free loans in the name of the Su family.
The Su family owes a total of 120 billion yuan to Hengyu chamber of Commerce!
That's $600 billion interest free loan, which was not a problem.
Once the construction of Xiaoyao island is completed, it can be paid back one day.
But now the question is, what about the interest bearing loans of more than 500 billion yuan?
If you don't pay off as soon as possible, it will be too terrible under the rolling profits.
500 billion capital, 2% monthly interest!
If it can't be paid off as soon as possible, it will generate 10 billion interest every month!
More than 100 billion interest will be generated every year.
More than 500 billion yuan will become more than 600 billion yuan in a year.
If this continues
Even if the Su family were rich, they would be ruined sooner or later.
If possible, the Su family will be desperate to pay off these debts as soon as possible.
But now the problem is that the Su family has put all their money into the construction of Xiaoyao island.
Even if you want to pay back, there is no money to pay back.
Now, the monthly profit of the Su family is not enough to repay the interest.
And don't forget
Ten years later, the loan of 600 billion yuan will also be paid back.
And the most desperate thing is.
Three years have passed since the 10-year interest free loan.
Now it's the fourth year.
In other words, in six years' time, they will have to repay the 600 billion yuan loan.