2. If it is the first time for users to use online merchant loans, they need to agree to relevant services first, and then authorize them to obtain loan amount and loan interest rate;
3. Before borrowing money, the user needs to pass the video verification and complete the corresponding action against the camera.
4. Just enter the loan amount and loan term;
5. The loan amount will be transferred to the personal platform account and can be withdrawn to the bank card.
The above is how to borrow online business loans.
Note for online business loan users: When making personal loans, they can only choose 12 to pay back the money in installments, and then they can pay back the money at any time, and deduct the loan interest on a daily basis. Users with other terms cannot choose independently. If the borrower has sufficient assets, he can enter the online business loan to repay in advance. In addition, there is no way to choose the repayment method of online merchant loans. For personal loans, the platform will fix the loan repayment method and repay the principal in equal amount, and the monthly repayment amount will gradually decrease.