No. 1th Shop starts to do SME financial services

Absrtact: Retail Electric business Platform No. 1th store after Jingdong and Taobao also began to do SME financial services, this is called the 1-loan supply chain financial products mainly for the platform to provide more flexible and fast financing and repayment services. 1 is a 1th shop and the third

Retail Electric Business Platform "Shop No. 1th" after Beijing East and Taobao also began to do SME financial services, this is called "1 loan" supply chain financial products mainly for the platform to provide more flexible and fast financing and repayment services.

"1 loan" is "shop 1th" and the third party financial institutions "FU Ding Factoring" cooperation project, at the end of August officially on-line, as long as in the 1th store operation for more than 6 months, the average monthly sales to 10,000 yuan can apply for businesses. For the electric business, the online transaction data will automatically precipitate to the platform, and the FU Ding factoring can analyze these data for business reputation rating.

And businesses in the loan also have "short time", "repayment of flexible" demand, to avoid a one-time large capital investment, on this, "1-loan" support one day to complete the approval, t+0 loans, and can be accompanied by, on a daily basis, the repayment amount is also the merchant custom. The repayment process will be integrated into the existing business of the merchant and Shop No. 1th, reducing the operating cost relatively.

According to the head of Fu Ding factoring, before they have begun to do the SME offline services, in the introduction of tens of millions of yuan investment, Fu Ding Technology was established in 13, the main focus on internet finance. And the Fu Ding Technology team also has the financial and the internet two aspects of talent composition: The former has 10 years of experience in finance, good at risk management, process monitoring.

The team of the Internet background includes the professional technical team, is good at the massive data management analysis, and applies in the management and the process operation, grasps the wind control the internet characteristic.

"The core of the financial credit business is the control of risk." Small and medium enterprises are often unable to provide the collateral or collateral they need, through the large data analysis, the use of multiple risk forecasting, monitoring model tools to effectively identify the customer's credit qualification and risk level, at the same time, to achieve real-time monitoring of its operating conditions, so that the first time to detect the risk of early warning signals, Take necessary preventive measures to recover credit and reduce exposure, so as to avoid loss or minimize loss. ”

In cooperation with the Fu Ding, 1th stores in May launched the "1 financial" platform, with the postal Reserve Bank jointly launched the "1 Guarantee loan", and Ping An insurance cooperation "1 yuan insurance."