Seeing the other party accepted the offer, Jack wasted no time and said, "Let's sign an agreement. I will pay you 50% upfront, which amounts to 200,000 US dollars. You don't need to handle the transfer procedures right away; you just need to help me calm down all the workers and clear this space for the upgrades. I will pay you the remaining 200,000 US dollars within two months."
He continued, "There's no rush to change the factory-it will still be in your name, so you needn't worry about any risk of me defaulting on the debt."
The other party pondered for a moment and realized that what Jack said made sense. Since the factory wouldn't be changing hands immediately, he would not have to take on any risks and would already be receiving the 200,000 US dollars upfront.
Moreover, he noted that whoever might come to buy his factory now likely wouldn't be able to pay all at once. This was a solid arrangement concerning upgrades and renovations. If he came across buyers who only intended to maintain the existing operations without plans for improvements, that would be more troublesome, as they would evaluate all the equipment. Much of the old equipment had numerous issues, and disputes could drag on for a long time.
So he nodded and said, "As long as you can confirm that I'll receive the remaining funds within two months, I won't have any objections."
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