Online merchants borrowed a loan and paid it back immediately, which generally doesn't matter. However, it should be noted that every online business loan borrowed by the borrower is a personal credit report at the meeting. If borrowers frequently borrow online business loans, to some extent, it can show that borrowers are short of funds. Then when the borrower applies for a bank loan, the bank will think that it does not have the repayment ability and refuse the loan.

What is online business loan?

Online commercial loan, that is, online commercial loan of online merchant bank, refers to a kind of financial loan service specially serving small and micro enterprises and entrepreneurs. The online merchant bank is essentially a commercial bank, initiated and established by Ant Financial as a major shareholder. It is also the first bank in China whose core system is based on cloud computing architecture, belonging to Alibaba. Online business loan is a personal credit loan with the longest loan term of 12 months, and the borrower needs to repay the loan on schedule and pay interest. There are generally two loan methods for online business loans, namely the express version and the standard version. Generally speaking, the online merchant loan fast version loan amount can reach 500,000, while the standard loan amount can reach up to 2 million.