I believe everyone is familiar with borrowing money. It is a loan product of Alipay, and you can apply for it as long as the sesame score is over 6. The online merchant loan is a credit loan under the online merchant bank, and you can make a loan through Alipay. Then can I have both the loan and the online business loan? What are the differences between the two?

can I have both a loan and an online business loan?

Borrowing and online merchant loans cannot be owned at the same time, and the product positioning is different. The borrowers are ordinary consumers, while the users of online merchant loans are Taobao merchants.

Borrowing is mainly different from online business loans in the following aspects:

1 Product positioning

Borrowing is a cash lending product for ordinary consumers; Online business loans are mainly for small and micro enterprises and individual entrepreneurs.

2 serving the crowd

borrowing money to serve consumers; Online business loan service groups are small and micro enterprises and individual operators.

3 product types

Borrowing is a credit loan; Online business loans provide credit payment, order payment, advance payment and other services.

4 application conditions

Ordinary Alipay consumers who apply for a sesame score of 6 or more; Applying for online business loans requires the person in charge of corporate loans or individual industrial and commercial households aged 18-65, and must be a member of Alibaba.

I hope the above is helpful to everyone.