A: Mainly for the SME import and export process outsourcing services

Absrtact: Alibaba and the United Bank of China, China Merchants Bank, CCB, Ping An, postal reserve, Shanghai bank, and Xing Banks launched a mortgage-free loan scheme based on network business credit (NET Commercial Loan Advanced edition), focusing on solving the problem of SME financing difficulties. According to Ali

Alibaba and the United Bank of China, China Merchants Bank, CCB, Ping ' an, postal reserve, Shanghai Bank, the industry Hing Banks launched a network based on the credit of the unsecured loan scheme (NET Business Loan Advanced edition), focused on the financing of small and medium-sized enterprises problem.

According to the official data given by Alibaba, the highest credit can reach 10 million yuan, which through the export of a company, every export one dollar to get a yuan loan , not through the export of an export of 1 U.S. dollars can be a loan of 0.8 yuan, Alibaba will be through the customs logistics and other channels to check the business for nearly 6 months to verify trade export data, and finally submitted to the bank to achieve loans. So the service is open to both internal and external businesses.

Specifically, the enterprise's credit base is the last 6 months in a platform on the export of precipitation data, 6 months must cooperate 3 single, export 100,000 dollars and above can be eligible for application.

Prior to reaching the platform for foreign trade enterprises to provide factoring or bills discount services (based on a single order financing support). But this time the net Commercial loan Advanced Edition is more flexible some, has gotten rid of the concrete document, is the financing more normalized. Compared to the previous, small and medium-sized foreign trade enterprises to solve the problem of capital, 85% rely on their own funds, 15% rely on social recruitment, they can hardly borrow money from the bank. Even more can not expect preferential interest rates.

These are because banks do not understand the business data of SMEs, not to mention the fact that these SMEs are real, product quality and lending trends, so most of the cases cannot be lent. At the same time, even if the loan is successfully issued, can not understand the whereabouts of the money, or tracking business situation, the next SME loan will still fall into this death cycle, apply 36 Krypton Brother: "Bricks" ...

Alibaba platform can do things that banks can't do, to provide customs clearance, foreign exchange, tax rebate and other core transaction data, in addition, Alibaba one of the comprehensive International Trade service platform data are dynamic, the enterprise's export data is constantly increasing, and each export is traceable, can monitor, The bank can control the company's movements in a timely and accurate manner. For the enterprise itself also through the export quota accumulated credit wealth.

For the setting of loan amount, one of the explanations given by the company is: The loan is one dollar a year, the loan is two dollars a year, the equivalent of 12 points, the experience of financial institutions, an enterprise's liquidity demand is usually an enterprise sales of eight to One-twelveth.

Prior to this, the company also has a corporate subsidy policy, the use of the platform of enterprises every export billion dollars to receive 3 cents subsidy. Subsidy + loan is not only the realization of the accumulated credit data, but also the circulation of attracting merchant's online transaction and realizing the data accumulation. It is also a means to support the foreign trade platform.

Shenzhen one tatsu Qualcomm Enterprise Services Co., Ltd. was founded in 2001, in November 2010 joined the Alibaba Group. Mainly for the SME import and export process to do outsourcing services.