Restart 2008: Start the counterattack by saving the stunning female teacher

Chapter 84 Bankruptcy

Ren Bin was still a little dazed when he walked out of Jiangcheng Bank's headquarters.

The Si Group only wanted a loan of 500 million yuan, so how come he came here, did nothing, and instead borrowed an extra 200 million yuan?

Strange, so strange...

He had also heard of Susutong Logistics. It was said that they were in a back-and-forth battle with Ao Guangxiao's MRT Logistics.

Ao Guangxiao even threatened to ban SuSuTong Logistics throughout the city.

But if he remembered correctly, the major shareholder behind this Jieyun Logistics seemed to be Si Xuezhong's sister, Si Ruyun!

This belongs to the Si family's property...

Why did Zhong Ruoting first lend 700 million yuan to the Si Group and then lend money to Susutong Logistics, the rival of Jieyun Logistics?

Ren Bin was puzzled, but since it was arranged by Zhong Ruoting, he just did it. Even if he got a loan of 10 million, Susutong Logistics would not be a match for Jieyun Logistics.

Ao Guangxiao has been deeply rooted in Jiangcheng City for many years. How could a small company that survives on loans be defeated just like that?

The most urgent task is to inform Si Xuezhong that the loan has been approved.

Everything else is trivial.

……

Fast logistics, in the cargo yard.

Su Yang sat in a chair, watching the trucks coming in and out. After the second batch of one million loans was in place, he bought fourteen more trucks from the car dealer.

Now the entire Susutong Logistics has a total of 40 trucks. Seeing that there are not enough drivers, a few more were temporarily hired to fill the gap.

Forty trucks can barely complete the current transportation task.

The total value of more than 20 contracts signed is nearly 8 million, of which 30%, or 2.4 million, has been paid into the account of Susutong Logistics.

But if Susutong Logistics wants to fulfill these more than 20 contracts, it will have to pay at least five million in compensation!

Adding the 2.1 million owed to the bank, the account balance was already 7.1 million in the red.

No money……

I really have no money left.

Bian Zhenguo sighed: "Boy, you said you could pay back the more than 4 million I owed to the bank in two months, and give me another 1 million to buy back the cargo yard. I thought you were just bragging..."

"Now I believe it."

"I've been doing this for so many years, and I've only lost more than four million. You've lost more than seven million in less than half a month!"

"I'm convinced!"

Su Yang waved his hand: "Hey, this little money is nothing. If you lose now, you can earn it back many times later. Brother Bian, just wait. Soon, Ao Guangxiao will be more anxious than me."

Bian Zhenguo smiled bitterly: "I'm afraid I won't see that day."

"The money in the account can last through this month without expansion..."

"If we continue to expand and take on more business, we will burn through all our money in about a week."

"Get ready, send out the disbandment notice."

Su Yang sat up and said, "Tell me, if someone suddenly gave me 10 million and I spent it for another month, how many customers would Jieyun Logistics lose?"

Bian Zhenguo was slightly stunned and felt that Su Yang was dreaming. Now that Susutong Logistics has reached the end of its rope, who would give him 10 million?

Everything that can be mortgaged has been mortgaged, including Susutong Logistics. Everything is gone.

That's it?

Return ten million?

If it really goes bankrupt, all the companies that are now looking down on each other will take SuSuTong Logistics to court like hungry tigers pouncing on their prey.

By that time, Su Yang, who was burdened with debt, might have wanted to jump off the building.

“I don’t know how many customers will be lost by Jieyun Logistics…”

"But, Mr. Su, if we raise the price now and slowly pay off the debt, there is still a glimmer of hope!"

"If we continue to engage in price-cutting marketing, the company will really go bankrupt!"

Bian Zhenguo sighed. He knew that he couldn't persuade Su Yang...

But if I don't say these words out loud, I always feel like there's something stuck in my throat.

Outside the Susutong Logistics freight yard, Si Yao, dressed in a black professional suit, walked in. Looking at the trucks coming in and out, she couldn't help but sigh.

Every step that Su Yang has taken to get to where he is today can be considered a gamble. He is like a seasoned gambler, winning time and time again.

But there is no business in the world where you can win every time you gamble...

This time, Su Yang is really going to lose.

She knew her father well, and she knew that Si Group would never borrow 500 million from Jiangcheng Bank for no reason.

Su Yang’s life-saving money can no longer wait.

"Jiangcheng Bank has not given me a response yet..."

"The application for a 10 million yuan loan has been dragging on. It has not been rejected, nor has it been approved."

Si Yao looked at Su Yang.

Su Yang nodded and smiled: "No news is good news."

"Just wait."

Si Yao felt a little helpless. She didn't know why Su Yang was always so optimistic. Wasn't this equivalent to waiting for the ship to dock at the airport?

Put all your hopes on something illusory.

Is this the hope to save Susutong Logistics?

"Let's think of another way. The loan from Jiangcheng Bank won't be approved!"

Bian Zhenguo next to him also sighed and said, "I have advised President Su countless times that those damn banks are not reliable at all. When you have money, they try their best to lend you money, but when you don't have money, they won't even bother you!"

"Let's think of other solutions first. At least we can raise the price back. Let's not fight this price war anymore. Is that okay?"

Su Yang smiled bitterly. He estimated that by now, Si Group had already submitted a loan application to Jiangcheng Bank.

Brother Bian is good in every way except that he is too impatient.

"The loan will be obtained, and the money will continue to be burned."

"We are a small company, Susutong Logistics, and we are barefoot. They are wearing shoes, and it is difficult for them to turn around because they are big. We charge 200 yuan per square meter, and at most we will lose a hundred or so yuan. They charge 300 yuan per square meter, so how many customers will they lose, and how much profit will they lose?"

"The longer we persist in this battle, the more losses MRT Logistics will suffer, and the faster the funds in their accounts will be depleted."

"Once all the money is spent, the MRT logistics will also be gone..."

Bian Zhenguo gritted his teeth. He had been working in logistics for so many years, but he had never heard of any logistics company that did business at a loss!

Not to mention, in just half a month, he lost seven or eight million!

How many years will it take to earn back this much money?

Si Yao cried and sighed: "We all understand this truth, but if the fire continues, Susutong Logistics will really go bankrupt!"

"You can't wait for that 10 million loan!"

"I have submitted a mortgage application to another bank for the fourteen new trucks I bought, but it will take at least a week to get approved!"

"You don't even have time to wait for a new loan!"

"Not to mention the 10 million from Jiangcheng Bank?"

Su Yang sat up and laughed: "What if I say yes?"

Si Yao gritted her teeth: "Impossible!"

Bian Zhenguo also frowned: "Absolutely impossible!"

Su Yang lay in the chair, saying nothing. There was no point in saying more, as facts would prove everything.

Seeing Su Yang pretending to be dead, Si Yao was about to persuade her again, but the cell phone in her pocket suddenly rang.