Chapter 82 - Financial Backer (1/2)
Translator: EndlessFantasy Translation Editor: EndlessFantasy Translation
Jiang Zhi took advantage of the opportunity and asked them tentatively, “How much do we need to invest in our movie?”
Director Zheng calculated the cost of setting up the set and the investment for the special effects. Even if he wanted to keep the pay of the actors to the minimum, he announced a figure, “About 60 million.”
Jiang Zhi clicked her tongue secretly. She did not expect filming a movie to be such a waste of money!
She tried her best to maintain a calm expression. After exchanging a few pleasantries with Director Zheng about the details of the contract, she left in a hurry.
Back in the hotel room, Jiang Zhi rummaged through the bank cards and various time deposits beside her. She tapped on the calculator to summarize them. Looking at the huge difference in numbers, she laid on the bed and stared at the ceiling. She let out two deep sighs and was slightly worried.
If Star Glory wanted to maintain normal operations, the salary and expenses of their agents and related departments could not be cut off. They had to keep the cash on hand.
Investing in movies had not been part of the company’s original development plan. Jiang Zhi did not want to create trouble for others in her attempt to raise funds.
She closed her eyes and suddenly thought of the villa. After hesitating for a while, Jiang Zhi dialed the lawyer’s number. Listening to the beeping of the phone, she was so nervous that her heartbeat quickened.
“I’m sorry to disturb you this late. If I need to use a sum of money, can I take a loan from the bank and use the villa as collateral?”
The lawyer maintained his professionalism in the middle of the night and carefully analyzed for her.
“The property rights and ownership rights of the villa are in your hands. Although it has been mortgaged to the bank, it can still be mortgaged to other institutions. However, based on the current situation, I’m afraid that the loan amount will be far below the market value and the interest will be quite high.
“If you can pay it back in a short period of time, it’s feasible.
“But if there’s a problem with the capital turnover, it might get very troublesome… you’d better think about it carefully.”
Jiang Zhi hung up the phone with a complicated feeling in her heart. Director Zheng’s movie had a box office earnings of around 600 million after its release. Its reputation and earnings were very good, but it would probably take some time for it to receive the split payment.
Jiang Zhi buried her face in the pillow and was in a dilemma. She did not hear Lu Mian’s footsteps entering the room…
Lu Mian leaned against the wardrobe and was amused by her cute appearance. Jiang Zhi suddenly turned around and hugged the pillow, glaring at him with some blame and resentment.
“It has been going all around the crew. You argued with Yan Zhang and spent 60 million to become Director Zheng’s investor for the next movie.”
Lu Mian opened his arms and rested his chin on Jiang Zhi’s hair. He patted her back and said gently, “Don’t worry.”