"NET Business Loan" Advanced Edition is not very new concept

Absrtact: 1 The Net Business Loan Advanced Edition is not a very new concept this product and 07 Ali and ICBC cooperation in the supply chain finance similar (the relevant cooperation has gradually ceased in 2010). Ali provides trade data to assist banks in risk control. Similar business models are also

1 "net Business Loan" Advanced Edition is not a very new concept

This product is similar to the supply chain finance cooperation between Ali and ICBC in 07 (the relevant cooperation has gradually ceased in 2010). Ali provides trade data to assist banks in risk control. Similar business model also exists in Jingdong, fast money and other Internet enterprises. In the "Alibaba financial two or three (ii): Ali small loans will go" also slightly mentioned that Ali can regain this mode.

2) The involvement of a tradelink is a good solution to the traditional business-to-business pain points

The past pain point of a business-to-business electric dealer is DD (Due diligence, due diligence) is mostly done offline, because most business-to-business money flows do not go through the electricity quotient platform, and the Business-to-business platform is unable to obtain transaction data. For example, Ali small loans are about 20% of Ali's business-to-business business, most of these businesses need offline DD for risk control.

A one-stop service provided by the Foreign trade services-customs clearance, tax refund, foreign exchange, so that the foreign trade enterprises to grasp the flow of funds information.

3 The advanced version and the previous version of the difference between the two: one is the conversion of the role of a master; The second is the intervention of Ali small loan

The business model is: to attract small and medium traders through free services, to provide financial services/logistics services through cooperation with banks/logistics companies, and to take back domestic helpers from banks/logistics companies.

The difference between this so-called "Advanced edition" and the past is mainly focused on the following: The bank has been giving a letter to the octopus, when the money is made available to foreign trade dealers, the bad debts of the foreign trade dealers are assumed by a tradelink, which is equivalent to a guarantee; now it is the bank that directly lends to the foreign trade trader, and a tradelink only serves as a data provider.

The role of Ali small loan is to provide wind control services. Ali small loan began to export its excellent wind control ability also quite experimental means--the bank's acceptance has been hard-won.