That is exactly right! The trick is to get the short term financing, i.e. the first 100 MM to put into the deal. If u look at the健力宝case and张海, you will find that is exactly what happened. Zhang financed ‘down payment’ from someone else and used the target as collaterals in the arrangement. Later on, zhang paid off the lender dearly. What a wonderful world. But unfortunately the government used its force to oust zhang subsequently arrested him.
The key is someone has deep pocket and is willing to lend you for a short term (6 months, say).
