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Chapter 1654: The Battle of Tianjin! (Twelve)(2/2)

"This is a solution, but what loan should we take?" Wang Erxi asked.

"If Wilson promises us to invest, we can use this share as collateral to lend a start-up capital from the bank, so that your farm plan can be started!" Uesugi Ruoyun said.

"Yes, but who would like to lend us money?" Wang Erxi said.

"This is not a big problem. There are always banks who are willing to lend us a loan!" Uesugi Ruoyun thought for a while.

"Okay, I'll do as you want!" Wang Erxi nodded and agreed to Uesugi Ruoyun's idea, "How much does it cost?"

"Our original fund is 200,000 oceans. If we buy Wilson's seed company for $30,000, there will be less than 50,000 oceans left. We rented a house and storefront and paid a year's rent. This is 3,000 oceans. We have to pay Wilson's seed fee. In the end, we will only have about 30,000 oceans in our hands!" Uesugi Ruoyun said.

"Then do it, if we want to buy land and run a farm, and so much money will last until the autumn harvest, how big can we do it?"

"The price of grain is very low now, and the land price is not high. Generally, paddy fields are at least 40 oceans per mu, and high yields range from 60 to 100. dry fields are 30 oceans, and inferior fields are 15 oceans. These are the prices under normal circumstances. If some means are used, the price can be reduced by 30% or even half!"

"We can only leave at most 10,000 kilograms of rice seeds, and at least 1,000 kilograms per acre of land, but we have to buy at least 800 acres of land. Otherwise, Wilson should doubt where our other rice seeds have gone."

"Eight hundred acres are too much. We'll buy 500 acres!" Wang Erxi said, "It's a big deal. Five hundred acres of paddy fields will cost at least 20,000 oceans!"

"No, I'm afraid I can't get the 20,000 oceans, and even 40,000 may not be!" Uesugi Ruoyun said.

"Why?"

"Mr. Wang, it seems that you have no experience in buying land. The land is not really calculated based on the unit price. If it is high-quality paddy fields, it will be higher than the market price. Now that the price of grain is lower, the price of farmland will naturally fall. It is the time to buy good paddy fields. When the price of grain rises, you can't buy good farmland even if you have money!" Uesugi Ruoyun said.

"How much does that cost?"

"If you follow the budget of 500 acres, you must prepare at least 60,000 oceans!" Uesugi Ruoyun said.

"So much. When my father sold the land, acre of land was less than ten oceans. Although the dry land was too big at that time, wasn't the difference?"

"We are buying large tracts of high-quality paddy fields, which are of completely different value from sporadic dry fields!"

"Okay, let's buy 500 acres of paddy fields!"

"We need to borrow at least 100,000 yuan from the bank so that we can support it until after the autumn harvest!"

"Okay, listen to you!"
Chapter completed!
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