A small loan license will join the Internet financial scramble

In the U.S. stock market performance stunning brand discount site only, finally took the first step into the financial chain, the Internet financial card battle from the platform of the electric business giant extended to the vertical category of electric circle.

According to the Southern Metropolis Daily, a few days ago, only the goods will be approved by the Guangdong Provincial Finance office, the small loan company license, is expected to start operating in the middle of the month of small loans business.

Yesterday (July 3), "Daily economic news" reporter called the only product leader, on the basis of the small loan business will further carry out installment, financial management and other business, the official said, the main use of good only products will be healthy and sustained cash flow, for the supply chain to carry out financial services, other innovative business will still be something.

Business in the middle of this month or officially

July 2, only commodities will microfinance company general manager Huiping in the media interview, said that only the goods will have passed the Guangdong provincial Financial office approval, the small loan company license, is expected to start operating in the middle of this month's small loan business.

It is understood that in Baidu, Beijing-east of the small loan companies in Shanghai, the only products will always be in the Internet financial business layout.

"Daily economic news" reporter noted that as early as May this year released the financial time, only the product will CFO Yangdonghao said, "Only the company set up microfinance companies have been approved by the Shanghai local financial sector, is expected to be formally established in two months." ”

According to media reports, since last November, the only product will have been through its factoring companies to provide more than 100 of the platform based on Accounts receivable financing, the cumulative amount of more than 300 million.

According to Huiping, the only small loan design concept is mainly relying on the parent company only product of the Electronic business platform, the supply chain of suppliers and members of the two groups to provide financing services respectively.

There are two design directions for vendor lending, one is 1 million yuan within the general benefits of small, high-frequency with the loan, including the contract, complete through the line completed; In addition, it is aimed at the quality of 3 million ~500 million yuan of mortgage loans, such as inventory mortgage, and the operation of the bank basically the same way.

In addition, the only product will be similar to Alipay's Third-party payment platform, in the hope of the individual's consumer credit rating, to issue consumer loans, such as the installment purchase of cars to buy luxury goods and so on.

Small loan into the Internet financial barrack

An industry analyst believes that internet companies involved in financial operations, the model must be compatible with its ecosystem. Only products will be the existing sale of commercial models and supply chain finance model is very natural, to maintain the role of the electric platform ecosystem will be very obvious, see Ali small loans can be seen, supply chain finance for enterprises is also a new profit growth point.

Public data show that as of the end of 2013, Ali Financial services to the target of more than 342,000 loans, Ali small loan balance of about 12.4 billion yuan, small micro-loan business total revenue reached 1.72 billion yuan.

Huiping in the media interview, said that only the commodity will microfinance companies initially do not consider making money, small loans of the supplier loan rate set in 7%~8%, close to the bank of similar products even lower than the bank, just earn 2~3 point of gross margin coverage in the event of non-performing loans.

"We calculate this, a sum of money into, it is possible to pull the sales volume is 3~5 times, give up the fund platform income, the main platform more than 3~5 times sales scale, the yield will be higher." "Huiping said.

Those in the industry to the "Daily economic news" reporter said, because the small loan licence threshold is low, the approval is relatively easy, so become many Internet Enterprise layout Internet Finance barrack. In the only products before the meeting, Alibaba (rolling information), Baidu, Beijing East, 1th stores and other Internet enterprises have launched a small loan business.

At the same time, based on the small loan business also derived a variety of innovative services, for example, the recent day cat launched the concept of amortization, that is, through small loans to help consumers instalment, confirmed receipt, Ali small loans will be a one-time payment of goods to the merchant, this service is similar to the introduction of the Beijing East before the "Beijing-East White Stripes."

Internet financial industry insiders believe that the key problem lies in doing a good job in the wind control, internet companies rely solely on the online deposition of transaction data to carry out risk review is not reliable, need to be supplemented by offline due diligence to reduce the risk of bad debts.

Huiping in the media interview, said that the small loan business wind control model will certainly be tightly controlled earlier, only the goal is to keep the rate of bad debts in the 1%~3%.