E-commerce loan is mainly for small and micro enterprises and individual entrepreneurs. After the borrower successfully applies for e-commerce loan, the loan fund can be used for store operation. The application for net business loan does not require any mortgage or guarantee, and loan funds support the loan to the borrower’s Alipay account, the binding bank card or the network bank account.
Net business loan is a product of Alipay internet bank, which is a personal business loan for small and micro businesses and individual entrepreneurs. After successful application for net business loan, the borrower can use loan funds for store operation. The application for net business loan does not require any mortgage or guarantee, and loan funds support the loan to the borrower’s Alipay account, the binding bank card or the network bank account.
The definition of net business loan is the same as before, and it is a product of Alipay financial loan. The users of net business loan are Alipay users, whose main purpose is to provide Alipay customers with fast loan service, and their interest is very low. The daily interest rate is 0.018%, and the loan interest rate is very low among the current financial products, which is a great benefit for the friends eager for small loans.
Net business loan is a kind of financial service function similar to that of borrowing money. It can realize Alipay loan. Net business loan is aimed at the pure credit personal business loan in Ali system. Its unsecured, free guarantee and interest rate are much lower than the financial services of the similar products in the market. It can solve the fund problem quickly and develop the market function steadily.
The Internet finance business named “advanced version of e-commerce loan” is not Ali’s direct loan to small and medium-sized enterprises, but the loan services provided by the Bank of China, China Construction Bank, China Merchants Bank and other banks to small and medium-sized enterprises. According to Alibaba’s big data capabilities, Ali provides the banks with key information such as orders and transactions of loan enterprises, so as to help powerful small and medium-sized enterprises to quickly obtain loans Get a bank loan.
It is reported that this business will be first provided to yidatong, Alibaba’s foreign trade export platform, and foreign trade export enterprises will use yidatong channel to quickly apply for and obtain loans; subsequently, this business may be opened to Taobao and tmall merchants in succession.
Although it doesn’t involve collecting deposits and lending, Ali participates in the core process of providing loan services to enterprises through big data capabilities, so the “advanced online business loan” is very similar to the loan services provided by banks.