Qin Xin said indifferently, "The farmer contracts have a 3-day grace period for payments. You can negotiate a 15-day short-term loan agreement with the bank within these three days to pay the farmers."
"The short-term loan rate is extremely low; as long as the herbs can be processed and sold within 15 days, the payment from the herbs can cover the bank loan and interest, with an additional 15% profit."
"Can't you utilize such a simple financial leverage?"
The uncle was taken aback.
"I, I certainly understand..."
But his expression was completely "oh my God, why didn't I think of that?"
The shareholders excitedly started discussing:
"Is the contract really a 3-day grace period for payment? How come I never noticed. I always thought it was cash on delivery. The fact that farmers agree to a three-day grace period, who crafted such a savvy contract back then?"
