Jamsil ......

In the past few days, due to the construction of the Han River, there have been some turmoil in the process of starting construction. As a result, the progress of the project has not been carried out.

But right now, the attention of the entire Golden Gate Group is focused on Li Taicun. Therefore, on the contrary, it is the construction of the Han River, and no one pays attention to the progress of the construction here.

Fortunately, country H is a small country. The construction machinery transferred from Busan soon arrived in Hancheng, so the groundbreaking ceremony of the project was officially launched in a low-key manner.

Since the chairman of the Golden Gate Group had just been killed, Kim Jae-ryong asked Xu Dongxing to preside over the groundbreaking ceremony this time.

Although the start of construction seems a little cold.

However, after the official start of construction, the scene at the scene was in full swing.

The first step in building a house is to go to the pile driver underground, and then to develop the foundation!

Since the land is located on the riverside, the foundation is a bit troublesome to deal with. Because of the height of the building, a solid foundation was necessary to support this soft shore soil.

However, there is one thing that Kim Jae-ryong does not need to worry about, and that is the problem of funding. Because the construction company needs to make an advance payment in accordance with the industry regulations.

Real estate development companies are playing asset-light. As soon as the project officially starts, the financial game will begin.

At present, although there is a construction unit to advance funds, it has reduced the financial pressure on Kim Jae-ryong. But this money alone will not be able to move the project forward. Therefore, at this stage, commercial bill factoring is also needed for disguised financing.

What is commercial bill factoring?

To put it simply, it is a commercial paper issued by Hanjiang Construction. In the form of no guarantee, funds were lent to a number of financial institutions in Hanseong.

However, this type of financing can only be used to raise funds in the short term.

However, now Kim Jae-ryong knows that he is facing a more lucrative opportunity. Therefore, financing in this way can minimize your dependence on yourself.

It's a common way to do more with less, leveraging the most with the least leverage.

Now, what Kim Jae-ryong has to do is to sell commercial bills to financial institutions in Hanseong, and then these financial institutions are responsible for factoring.

It seems, though, it's complicated.

However, this is essentially a method of Hangang Construction, using the credibility of the land it has acquired to raise funds in the short term from some loan sharks who can borrow money.

It's just that due to the law, it is necessary to appear compliant in terms of methods. That's why this whole set of systems will be created!

The key to this approach is to find a factoring company!

But right now, the relationship between the most powerful private debt group in Hanseong's financial circles and Kim Jae-ryong is in a deteriorating stage. In this case, it is not an easy thing to want to borrow money.

However, Kim Jae-ryong is now borrowing money not for real estate development, but for his other businesses.

If you can't get the most benefit from the land that you have finally photographed, it will be too much of a loss!

……

Why is Kim Jae-ryong so sure that he will borrow money?

Because they issued commercial tickets, they not only have the credibility of Hangang Construction and Kim Jae-ryong, but also stand behind the Golden Gate Group and the Seven Star Chamber of Commerce.

You know, companies that do illegal trading often have a better reputation than those that do business.

This is because whoever does this is living a life of licking blood from the knife's edge. If you don't talk about credibility, then you won't be waiting for infighting?

So, the more organizations like the Golden Gate Group and the Seven Star Chamber of Commerce.

In terms of business reputation, it is more and more favored by banks.

This is also the reason why Kim Jae-ryong wants to pull everyone together.

Originally, there was the name of Myeongdong Private House Group. The credibility of the joint project will be higher.

It's a pity that now, Lee Tae-chon has to take advantage of this incident to reach out to Kim Jae-ryong's company. As a result, Kim Jae-ryong is currently unable to raise funds from Myeongdong Group.

However, there are not only rich people in Hancheng

In their family, there are always some people who have a way to find a way to lend the money in their hands to Kim Jae-ryong.

……

For the next week, on the surface, Kim Jae-ryong took his lawyer to the police station almost every day to ransom him. It is also for this reason that his reputation in the Golden Gate Chamber of Commerce is getting better and better.

But in reality, Kim Jae-ryong only spends an hour in the morning going to the police station.

And most of the time he spends his time meeting all sorts of invisible rich people.

……

"This is Mrs. Zhang, Mrs. Zhang, this is my junior Kim Jae-ryong!"

At a coffee shop in Apgujeong, Kim Jae-ryong meets a woman named Jang Yeong-ja.

He didn't know the origin of the other party, but Granny Pei, who was the middleman, told him that this woman had a lot of background.

Because it only took her a few years to get a huge fortune by speculating in stocks.

However, this woman does not seem to rely on her own ability to speculate in stocks, because she can always know some business insiders in advance.

To put it simply, Mrs. Zhang is a guy with a deep background. No one knew who was standing behind her. But her wealth is real.

In Hancheng, like Mrs. Zhang, there are many invisible rich people who have made a lot of money.

In the past, Kim Jae-ryong couldn't reach these people. But now that there is Granny Pei, if you want to meet these people, it's a bit of a doorway!

"I've heard of you, and it's said that the Japanese gods of investment admire you! Say, I heard you have a financial request?"

"Ah...... That's right, we took over the urban renewal project of the land in Jamsil from the government! At present, the project has started, but some new investment is needed, our company, issued some commercial tickets, if you are interested!"

"Commercial Ticket?"

"Yes! It's a year, and it's almost 40 billion won, what do you think?"

"This ......"

The issuer of commercial tickets must also do what they can! Anyway, the credibility of a few companies combined is only enough to support about 40 billion!

After all, it is a short-term borrowing behavior, and it is very risky. So a woman like Zhang Lingzi also had to hesitate.

But after all, it was Granny Pei who introduced her, so this Zhang Lingzi gave Kim Jae-long enough face.

"40 billion is too much, if the Golden Gate Group or the Dongmen Chamber of Commerce come to me, I won't be worried, but I heard that you and Li Taicun have had a very unpleasant quarrel recently?"

"Madam, you won't be afraid of Li Taicun, right?"

"I'm afraid of him, I'll be afraid of him, haha, don't tease! So be it! I'll buy half of it first, after all, it's our first time working together, and if you can get the money back to me in two months, then I'll buy the other half!"

"Deal!"