Two small loan companies approved

Absrtact: A few days ago, in Suning and other applications to start the Bank of the news aroused widespread concern at the same time, but also has the strength of the company to join the Internet Financial Sector War group. Yesterday (September 22), the reporter learned from the Shanghai Jiading Financial Services Office, Beijing East and

Recently, in Suning and other applications to start the Bank of the news aroused widespread concern at the same time, but also has the strength of the company to join the Internet Financial Sector War group.

Yesterday (September 22), the reporter learned from the Shanghai Jiading Financial Services Office, Beijing East and Baidu two companies in Shanghai to set up an entity micro-loan Company's application has been approved, will be settled in Jiading.

Two small loan companies approved

Shanghai Jiading Financial Services Office officials told reporters, Baidu and Beijing-East Microfinance Company's approval is the same lot, Shanghai Financial office has been formally approved by the joint approval.

The person in charge added that the application had been submitted last year, the period made a lot of changes, the Shanghai side of the policy has done a lot of improvement and expansion, otherwise in accordance with the original provisions is no way to approve the approval, Shanghai financial Office This time is spent great strength, innovation is relatively large. Among them, the main difficulty is that the traditional small loan company has obvious regional, and the Internet small loan business's culture is more difficult to control.

In fact, as early as November 27, 2012, the BoE and the Bank of China launched the "Supply chain financial Services". In this process, Jingdong played a similar role in the intermediary: the supplier by virtue of its orders in Jingdong, warehousing list, etc. to the Beijing east to apply for financing, the approval of the bank, and then the bank to lend.

For the proposed establishment of the small loan Company's specific operating model, the reporter tried to contact Jingdong and Baidu aspects, but not fruit. However, a person in the industry believes that the opening of the Beijing-East microfinance companies should be the previous supply chain financial Services upgraded version, the middle of the cut off the bank approval link, is expected to further reduce the loan threshold.

Before the Jingdong and Baidu, Suning last December has spent 300 million yuan to launch the establishment of Chongqing Suning Microfinance Co., Ltd., and will try to run this October. Li Bin, an executive vice president of Suning and Tesco, said recently that Su Ning's basic financial layout, including the various financial services of Suning Bank, was designed to focus on the suppliers and consumers of Suning. At present, the basic financial layout of suning, small loans companies, third-party payment companies are mainly around the supply chain financing, such as the October this year will try to run investment of about 1 billion yuan of microfinance, and consumer credit, balance finance is mainly for consumers to provide phased services.

Among the big electric business giants, Ali's financial layout is undoubtedly the earliest. It has not only set up two small loan companies in Chongqing, the first credit asset securitization products also landed on September 18 Shenzhen. Alibaba related Personage previously told the reporter to interview, the overall size of this securitization project is about 5 billion yuan.

The initial scale is not big

According to the Jiading Financial Services Office, said the director of the above, two small loan companies in the initial scale is not large, a 200 million yuan, a 300 million yuan, leverage or 50%, this still can not break, "but I think will soon increase capital, more easily." ”

The official told reporters, because Baidu and East China headquarters are located in Jiading, so the entity small loan company will also settle in Jiading.

"This is their (Baidu and Jingdong) to achieve from the original and bank cooperation stage to the independent development of direct business of the important changes." Wang Weidong, senior analyst at Eric, said to reporters, "I think the core reason is two points, one is to obtain the loan business license, they do not have a bank license, so now is to follow the pattern of Ali, by setting up a small loan company to provide loan services." The second is the source of funds, before, the small loan company's loans or from the bank, the small loan company on the one hand is its own funds, on the other hand there is a certain lever, in addition to the small loan company to the bank loans, so can meet the core business capital needs. ”

For internet companies, especially the electric business involved in finance, the industry has a consensus, its biggest advantage lies in the control and application of transaction data. Through the storage, logistics monitoring, Jingdong can timely understand the movement of goods, provides another risk control mode.

However, in Wang Weidong's view, this model of risk control is only more adapted to the current stage of development, "the future, if it is to be bigger, the pressure on the funds will certainly be greater, this may be the small loan companies can not meet." Because the small loan company still has an important restriction, although has the lever, may borrow to the bank, but mainly relies on own funds. ”