"Apolis Textile Factory? Hiss~ The cotton textile industry has been so affected?"

Carter couldn't help but gasp when he heard that Douglas's largest factory was going to lay off 30% of its employees.

Speaking of Georgia, its agriculture is represented by peanuts, its breeding industry is represented by broilers and eggs, and light industry. Even starting in the 19th century, for a long time, Georgia's entire industry was represented by the cotton textile industry.

Even though emerging manufacturing and food industries have begun to enter Georgia and gradually take root, the cotton textile industry is still an important source of economy in Georgia and an important digestion channel for the population.

Compared with the aviation manufacturing industry, which has a high entry barrier, or the food industry, where equipment is gradually replacing labor, only relatively backward cotton spinning factories are factories that really require a large number of labor forces.

Once the Apolis Cotton Mill lays off people, problems will arise in Douglas as a whole. This is no joke! Carter once suspected that Rob was deceiving himself...

Otherwise, you, the mayor, are just going to do this?! You have no idea how to help others get through this crisis, so you can only use yourself...

At this time, savings banks were unable to issue commercial loans. It was okay for small individual businesses to issue some loans in the name of personal loans, which was not a big problem. But the Apolis Cotton Mill had more than 2,000 employees.

is a large factory, and the funds needed to revive it cannot be approved by personal credit.

When I approved a loan of RMB 6 million, I didn't even know how many sub-accounts I had opened. Because of this loan, I almost failed the bank's asset risk assessment last year, because long-term loans are considered risky assets.

When such a large amount of money was suddenly released, the risk rate skyrocketed... Now that Carter has gradually understood this, he no longer dares to act so recklessly.

This is not a question of whether to save or not, or whether we have the ability to save. This is a question of whether our bank can continue to work if we continue to do so?!

"Yes, their factory's biggest customers are the carpet factories in the north, followed by some factories that make cotton clothing. In the current environment, low-end carpets cannot be sold for profit, and high-end carpets cannot be sold for much."

Taking a deep breath of the inferior cigar, Rob was choked and coughed. As if he was used to the smell that choked his throat, Rob quickly returned to a nonchalant state after coughing lightly and continued:

"There is a problem downstream and it is blocked. It is surprising that upstream companies like them are doing better. Before I asked you to meet, I also talked to Mr. Terrence. 30% of the layoffs were the result of his compromise. He originally

Our plan is to lay off 35% of our employees..."

"After finishing the conversation with Mr. Terrence, the first thing I thought of was you. Carter, your highway business district... the gas station should be built soon, right?"

"It should be almost done. We stopped work for two weeks over Christmas. It's been a month since we resumed work... I usually don't pay much attention there, so I'll go back and take a look."

Carter casually put out the inferior cigar in the ashtray, and took out his cigarettes from his pocket again. After pulling out one, his hand that was still in the air suddenly paused, and then he pushed away most of the remaining pack of cigarettes.

Go to Rob's side.

"How many employees do you plan to hire?"

Rob, who noticed Carter's little move, smiled softly, and did not reject Carter's kindness, nor did he show any disdain. Even though he was the mayor and a high-paid person,...

Nowadays, those who can still afford to smoke are already high-income people. Good cigarettes are not rich, so who would be willing to smoke?!

"The plan is to have 7 people, two safety officers working in shifts, plus two shifts of refueling personnel, plus a manager to coordinate the purchase of oil products and so on. Seven people are enough, after all, my side business there has been contracted.

There are others, so we don’t need too many manpower.”

So that was the idea!

Hearing Robert's unspeakable words, Carter secretly breathed a sigh of relief.

In the memory of his original body, Goodman was someone who had worked with Old Black since he graduated from college, working as a clerk and now as a manager. It could be said that he was a direct descendant of Black with a well-established background, and he had watched Young Black grow up since he was a child.

people.

He had never made any big mistakes in his memory, so Carter recalled it, maybe it was affected by the memory of the original person. He had almost never hidden many things from Goodman. If he secretly leaked the money he made,

Big money news...

"Yes, I understand. But... the current situation, Carter, can we hire two more people? And Black Bank, or the restaurant... Even if the wages are based on the minimum wage, even one more person can survive

It was good in the past..."

"You want me to expand my enrollment? I..."

Carter frowned slightly. If it was just to expand the number of employees at gas stations and restaurants, it wouldn't be a big pressure for Carter. But what's the point of doing this?

It is true that he is willing to help Douglas, but that does not mean that he has to recruit a group of idle people. Human minds are always complicated, and the motivations for making any decision are also complicated.

Carter felt a bit at a loss if he expanded his staff solely for the purpose of helping Douglas stabilize employment. Therefore, he did not refuse immediately, but he also did not agree immediately.

"Yes, I know you have done a lot. Originally, I should not make such unreasonable requests at this time. But facing the more than 600 families who will soon have no living expenses and no food to eat... I,

There is nothing I can do!"

"Can we get a guaranteed loan? The city government will come forward to guarantee them and help them through this period. Uncle Rob, it's not that I don't want to help, it's just that the size of my shops is so big. Even if I expand the number of people,

More than three to five people, five or six people, will not have any real effect!"

At this point, Carter was a little confused. Since you know the importance of the Apolis Cotton Mill to Douglas, you also know that thousands of people will go hungry soon. This government guaranteed loan does not require you to spend real money.

Help, if you come forward as a guarantor, you can get a lot of loans to help the cotton spinning mill. Why don't you do it?

As for not being able to get the loan... that's impossible!

Government-guaranteed loans are a very magical existence in the United States. It is so magical that it is still a loan, but it will not be recorded in the list of risky assets during review. The city government usually does not provide loan guarantees to an enterprise at will, but

Once they are willing to be the guarantor, it will be almost impossible to borrow money.

As the boss of a bank, Carter thought from the bank's perspective, what does government-guaranteed loans mean?

1. Not afraid of losing money: Regardless of whether the debtor is bankrupt and unable to repay, or is deliberately defaulting on the debt, as long as the money cannot be collected, the bank can collect the money from the city government. Even if it may not be collected at once, the city government's tax revenue is there

If we leave it alone, the interest will only keep getting higher and higher, and there is basically no possibility of losing money. It is impossible for the city government to carry the building and run away overnight, right?

2. It does not affect the qualification review: you can even make your own bank’s asset structure more beautiful and stable while making money! This will further gain higher credibility and strengthen your own influence.

Under this situation, as long as the city government provides a guarantee, the cotton mill itself can find loans to maintain production. After these two years, maybe it will survive? Even if this is only a possibility, it is still a possibility.

It’s feasible! Why not do it?
Chapter completed!