Chapter 172
Gun-Ho could smell money very well; that was one of the strengths that Gun-Ho had . He also had good judgment, and he grabbed an opportunity without hesitation once he saw one .
Sponsored Content
People tend to look for someone to blame when things don't go well in their lives .
Gun-Ho wasn't an exception to it . He used to blame his parents when he was suffering from debt during his factory worker life . His parents couldn't provide an affluent childhood to him . Now he was enjoying massive success because luck was on his side .
Gun-Ho was a mediocre student in high school with a grade of a bit above average . Given the fact that his high school was not located in Seoul but in a province, no one could say that he was a good grade student .
The grade of a student tended to be proportional to their home environment . If Gun-Ho was raised in a wealthy family and went to school in Gangnam District-8 accordingly, he would have been admitted to a decent college in Seoul and would have gotten a nice office job in a big company or become a professional . However, Gun-Ho developed skills and learned important things in life through his harsh life as a factory worker; he just hadn't realized it yet . Gun-Ho was also not aware that he was a risk-taker and naturally knew which side he needed to bet on because he recognized the winning side by grasping the flow of money . He had a unique talent .
Gun-Ho received a call from the bank branch manager from Gangnam; he said that he would visit Gun-Ho's factory today . Gun-Ho called for the internal auditor .
"The bank branch manager is coming today at 2 pm from Gangnam . "
"I will have the workers clean the factory and will also have those appraisals ready for him . "
"Since you used to work at a bank, you probably know what the branch manager is looking for . Why don't you stay with me and assist me in dealing with him? If we could move the loans from a non-bank financial institution to a bank, we can enjoy the ordinary income, right?"
"Of course, sir . "
Gun-Ho called for the plant manager, chief officer of the research center, and the sales director .
"We will have a visitor soon today . Please make the factory clean and arrange the semi-manufactured products in an organized way . "
Sponsored Content
"Yes, sir . "
The managers and executives who were in their 50s or 60s responded to Gun-Ho's request altogether in one voice .
The bank branch manager arrived . He was accompanied by another bank staff who was handsome . They were driving a black vehicle .
"Welcome . "
"Your factory is larger than I expected . "
"Please come in . "
Gun-Ho took the bank branch manager and his staff to the president's office . He then took out the original appraisal and handed it to the branch manager .
"The appraised value of the main factory at the time when they borrowed money from the non-bank financial institutions was 5 billion won . Our second factory where the research center is located was appraised for 4 billion won . The storage was 2 . 5 billion won and the company dormitory was 1 . 2 billion won . So, the total appraised value of the company at that time was 12 . 7 billion won . The loan from a bank is 3 billion won while the loan from 4 different non-bank financial institutions is 9 billion won . We are currently paying 60 million won per month for the loan interest only to those non-bank financial institutions . "
"What is the current appraised value?"
"The main factory is 6 . 2 billion won and the second factory is 5 billion won . We haven't had the storage and the dormitory appraised . "
The internal auditor entered Gun-Ho's office .
"This is our internal auditor . "
"Huh?"
The internal auditor and the bank branch manager seemed to be surprised when they saw each other .
Sponsored Content
"Sir, you are working here?"
"Oh, so you are the bank branch manager from Gangnam . "
Gun-Ho was surprised by their reactions as well .
"So, you two know each other?"
"When I was a manager at the bank, he was the branch manager . I didn't know he is working here . "
"I worked as a court officer for a while and then decided to join this company to work for President Gun-Ho Goo . "
"Oh, I see . It is indeed a small world . "
"I hope you are making a favorable decision for us . "
"Haha . Of course, sir, as long as all the requirements are met . "
"Let's take a tour around the factory since you are here today . You can review the papers later . "
"Shall we?"
Gun-Ho, the internal auditor, the bank branch manager and his staff headed to the factory . The factory was clean and neat . The factory workers' cleaning job in the morning seemed to be paid off . The workers at the factory seemed to work harder than usual when they saw Gun-Ho and bank personnel came to the factory and looked around .
"Hi, I am the plant manager . Nice to meet you . "
The bank branch manager asked a few questions to the plant manager .
"How many products do you manufacture every day?"
Sponsored Content
"Who are your customers?"
The customers of GH Mobile were mostly big companies . When the factory manager named three customers, the bank branch manager seemed to recognize that they were all big companies .
"Hmm, they are all companies . "
The bank branch manager could tell right away the credit ratings of each company by hearing the name of the companies, whether it had or B- .
After having the tour, Gun-Ho and the others went back to the president's office .
The internal auditor said to the bank branch manager,
"The factory is working vigorously . If you could take the loan from non-bank financial institutions to the bank, I would really appreciate it . Think of the time we had worked together . "
"Of course, sir . I know you and I do trust you, sir . Moreover, President Gun-Ho Goo is our VIP client at our branch . I will do it . However, the papers should indicate the right stuff since I have to make a report to my superiors as well . "
"Is there something wrong with the papers?"
"No, I think it will all work out . If we take an appraisal of the storage and the dormitory, the value will go up by 20%, so it will work . However, I have one request . "
Find authorized novels in Webnovel，faster updates, better experience，Please click for visiting .
"What is it?"
Gun-Ho and the internal auditor were desperately waiting for the bank branch manager's response .
"Please make our bank your major bank . "
"The branch in Gangnam?"
"Yes, sir . "
Gun-Ho looked at the internal auditor's face .
"It doesn't matter, sir . We can have our major bank in Gangnam, and we can still use the same bank in Asan City for our daily transactions . However, we need to inform all of our vendors and customers about the change . "
"Hmm . "
The bank branch manager said while adjusting his glasses .
"Once you move all the loans with non-bank financial institutions to a bank, the loan interest you need to pay on a monthly basis will decrease by 20 million won . The company's public image will become better as well . "
"Hmm . "
Gun-Ho thought of it for a moment, and then he said to the internal auditor .
"Let's take an appraisal for the storage and the dormitory . Also, please inform our vendors and customers with our new bank information . "
"Yes, sir . "
The bank branch manager also wanted to see the company's organizational chart .
The general affairs manager brought the chart to Gun-Ho's office .
"There are 12 departments and 1 research center, hmm… You are running a big company at your young age, President Goo . I admire you . "
"Oh, thank you . "
"And I hope you know the value of your internal auditor here . I have worked with him before, and I know he is a decent person . "
"I am aware of that . He has been helping me a lot in running the company . "
The internal auditor blushed at Gun-Ho's compliment about him .