Chapter 132 - Chapter 132 - 132: Visiting to Collect a Debt (1/2)

Chapter 132 – 132: Visiting to Collect a Debt

Chen Yu pondered for a moment.

To make the food processing factory successful, he needed professional managers and workers.

Now, all of this was laid out before him.

“Mr. Hou, I can give you the money first to get through the immediate crisis and also clear the remaining orders of the factory.”

Hou Jianchang couldn’t help but widen his eyes, “Mr. Chen, what do you mean?”

“It’s simple, consider this money a loan from me. You settle the outstanding orders and then repay me; after that, we can discuss further collaboration. I just need you to give me a receipt.”

Hou Jianchang stood there dumbstruck, unable to believe what was happening.

He was at the end of his rope, thinking in his heart that with less than thirty million, he could take over the entire factory.

Yet, unexpectedly, Chen Yu was not only willing to help him out of the predicament but also looked like he wanted to co-invest in the factory.

This arrangement would secure the jobs of several hundred factory workers and also give him hope for the latter half of his life.

“Mr. Chen, you really need to think this through. Apart from the current orders, this factory won’t be generating any profit.”

“Unless you have a new product direction and a sufficient market to sell them.”

“Of course, I have those!” Chen Yu confidently replied, “Mr. Hou, just focus on fulfilling the current orders! If you have to return them, you’d have to pay extra for breach of contract.”

While they were talking, a few guys dressed in identical suits and looking tough marched into the factory compound.

“Mr. Hou, the loan you took out is due today. If you don’t repay it today, the interest will double tomorrow!”

Hou Jianchang’s face showed helplessness as he hurriedly took out a pack of cigarettes to go up and say a few words of appeasement.

“How much money does Mr. Hou owe you?” Chen Yu directly inquired.

The leader of the men gave Chen Yu a cold glance, “With interest, the total is twelve million.”

Chen Yu then understood why Hou Jianchang said that with thirteen million, he could last a month.

Twelve million was needed to pay off debts, and the remaining one million could just keep the factory running temporarily.

As for other debts, they were probably wages owed to the bank or construction crews.

The hole was indeed quite big!

“Where’s the IOU? Let’s settle this account today!”

The leader’s expression suddenly changed, “Ah, I see you’re here to pay off the debt. You should have said so earlier!”

This guy leisurely took out the IOU from his bag with an air of courtesy to present it to Chen Yu.

However, he did not immediately hand over the IOU to Chen Yu but took out various payment methods from his bag.

These debt collectors had honed this procedure to perfection.

Without saying much more, Chen Yu checked the figures on the IOU and transferred twelve million.

Once the leader confirmed the full payment was received, he immediately bowed and scraped, handing the IOU to Chen Yu like a grandson, while also presenting a business card.

“You certainly look like a generous boss! In the future, if you have any trouble, feel free to look me up. I can get tens of millions with just a word.”

Chen Yu did not wish to have too much to do with these people. He just smiled and signaled for them to leave.

“Mr. Hou, how many orders do you currently have on hand? How much will it cost to complete these orders, and how much time is needed?”

Chen Yu got straight to the point with his questions.