"This is a good idea, but now I..."

Carter looked embarrassed, he had no money in his pocket!

"If you want your father and the others to feel at ease, the amount of this loan must not be too small... But I don't have much cash that I can use now..."

I don’t know how many loans have been issued by Plains. But a rough estimate shows that the money that can be used now will definitely not exceed 2 million. Even the 2 million may have to wait for part of the money to be recovered.

.

As for the cash I currently have on hand...

The hotel business in China... has been released, and now you suddenly can't talk anymore? Isn't that making trouble?

Moreover, to be honest, Carter did not want the creditor-rights relationship to be tied too tightly. Putting aside his yellow-hearted dislike of the Japanese, from a business perspective, this loan was essentially unprofitable.

!

Let’s not talk about people borrowing money just for the sake of profit, but talk about their corporate qualifications. For a large company like Toyota, the risk premium part of the interest rate you give it for loans can be said to be very low, definitely lower than the average

The loans are much, much lower...

Even in the current high-inflation environment, it is difficult for long-term loan interest rates to reach 10%... No, to be precise, 8% is difficult! Carter thought about it briefly and estimated that around 6% is already the top interest rate.

Got it!

If it weren't for the current high inflation rate, under normal circumstances, it would be almost impossible for their loan interest rate to even exceed 4%!

In the past few years, this kind of loan was just making money at a loss! As for the future income, it is impossible to get back the money... Besides, the time cost is too high, isn't it?

At the same time, on the other hand, the Japanese economic bubble burst in the early 1990s, which will happen 10 years later! Although there is no plan yet, Carter feels that he would be sorry for his rebirth if he did not take a share of the pie at that time.

In this era!

However, before you get involved in bargain-hunting and grabbing high-quality Japanese assets, you must first have the strength and the funds to enter the market to buy the dip, right? The cash reserves are not enough now, and it feels like there are gold mines everywhere...

Put your precious cash into this kind of loan again? It’s so damn worthless!

"No money? What's going on? It's impossible! You just said you planned to open a hotel in China. The hotel industry has high capital requirements..."

"Yes, if you throw cash in, won't there be no money left in your hand?"

Carter spread his hands. What an easy-to-understand logic!

"And the hotels I open in China are not luxury brands, they are fast-food chain hotels that are better than hotels. This business requires scale, but the scale is not large enough, and the profitability is actually not optimistic. Coupled with the current situation in China, I don't know if you

How much do you know?"

"Their current foundation is relatively weak, and they still have a lot of supporting facilities to build, such as washing centers and the like. They are very cash-hungry. I have already submitted my application for a hotel there. I can't suddenly change my mind, right?"

"If you want to do a large-scale business, the initial investment cannot be like that of a luxury hotel. The total investment is large, but the initial investment is not high. So, now I estimate that the cash I can mobilize is only about US$2 million at most."

"Then this is a bit difficult... 2 million US dollars, it would be easier if we were the only one at Toyota. The total investment in the first phase of the assembly plant construction currently planned is only more than 20 million US dollars, accounting for nearly 10%

.But if you include others..."

The frowning Akio Toyoda did not mention the future expansion of the factory. After all, there is a basis for cooperation, and future things are relatively easy to say. The more troublesome thing is that at the moment, Carter has insufficient funds, and both parties trust

Not enough...

This is a bit embarrassing!

"Can the hotel business in China temporarily reduce its scale and then take it slow? I don't know much about China, but my impression is that their currency is not valuable and their labor force is relatively cheap. Logically speaking, some funds should be allocated.

The impact should not be big... By the way, I almost forgot to ask, how much money did you bring to China?"

"We have prepared 7 million U.S. dollars, and now there should be more than 6 million U.S. dollars left. I didn't do a detailed calculation before, and the hotel was still doing cost accounting, but you called me to Japan midway..."

Carter made a profit and was mentally analyzing the possibility of diverting some funds.

The aforementioned plan to directly launch 100 chain hotels is certainly an exaggeration, but after deducting the construction costs of three washing centers in Beijing, Shanghai and Guangzhou, it is not difficult to build more than 50 to 60 small chain hotels with the remaining money.

Divided evenly into less than 20 hotels in each city. Judging from the market data provided by Han Xue, these 20 hotels are obviously not enough! On the contrary, these hotels can almost make 100% money just by opening them.

of!

On the one hand, supply exceeds demand, and things are stable and profitable; on the other hand, it is pure interest bundling, which not only does not make money, but may even lead to losses...

These two choices were placed in front of Carter at the same time. As long as there was nothing wrong with his mind, Carter believed that no one would be willing to choose the second option! But well, making money...China...

When these two keywords were put together, Carter suddenly thought of a more important question:

"Wait, I'll do the math again when I get back to the hotel. I almost forgot about the exchange rate factor..."

"Okay! Then let me help you with the calculations. I should be able to help in this regard. You said you are the same, doing international business, how can you forget the exchange rate?"

"Didn't I forget? I stopped talking just now! I haven't finished the calculation yet, and in the middle of the calculation, you called Japan to come. Can you blame me?!"

"OKok, blame me! Blame me, okay? Let's find a Japanese hot spring hotel, soak in the hot springs to relieve our fatigue, and then I will help you calculate the cost. By the way, what is the current exchange rate of RMB?"

"It is now about 1.7. If you do not consider purchasing imported equipment, the purchasing power of RMB in China is still very strong, for example..."

Amid Carter's introduction, the vehicle carrying the two people drove into a hotel. The so-called Japanese-style hotel was different from the small hotels in Carter's impression, or American motels.

Although it looks small from the outside and is not as grand as a star-rated hotel, the hotel is very exquisitely decorated. Upon closer inspection, many of the materials and patterns are very solid and are definitely not shoddy.

If I have to make an analogy, Carter feels that some boutique B&Bs in the future will have a bit of a Japanese-style hotel feel...

"First time in Japan?"

After checking in, Toyoda Akio found Carter who was looking around the front desk and said with a smile.

"Yes, the first time."

"That's perfect! It's not fun to stay in a big hotel when you come to Japan. You can't experience any Japanese customs and culture. The waiters are so stiff, they all look like wooden people... This store is good. I recommend it to you when you come to Japan in the future.

Stay here and state my name to get a 40% discount~”
Chapter completed!