; In the eyes of many people, POS machines can only be used for credit card consumption, but do you know that POS running water can also be used as a powerful voucher for loans now? At present, many banks have established POS running water loan business, and merchants can apply for loans from banks with POS running water data without mortgage or guarantee. So do you need to submit other supporting materials for this loan process? The answer is that you don't need anything except your ID card. You can complete the application in three steps and lend money in five minutes at the earliest.

Take Shanghai Bank as an example to tell you how to apply for a pos running loan:

first step

The merchant signed a POS machine contract with Shanghai Bank, engaged in production and operation in compliance with laws and regulations, with no record of violation of laws and regulations, and continued to operate for more than 2 years. During this period, there must be a continuous record of POS transactions. This is an easy condition for ordinary businesses.

Second step

To submit a loan application online in Shanghai Bank official website, you need personal identity information and POS operating bill data. There are two small problems that deserve our attention. First, the applicant is between 20 and 60 years old, and second, the applicant must be the legal representative of the enterprise or individual industrial and commercial operators. After receiving the application, Shanghai Bank Credit Information System will automatically approve the credit line and set the loan interest rate.

Third step

After approval, the loan will generally be released on the day of application. Customers can get a credit loan of up to 500,000 yuan for about 3 months' production and operation. After the loan expires, the merchant has two repayment methods to choose from: one is to repay the loan principal and interest at maturity; Second, customers can choose to repay in advance at any time except the day of lending.

In a word, this is a fast, convenient, efficient and simple new financial product provided by our bank for UnionPay business POS acquiring and specialized service merchants. Business friends in need can try it!