Online merchant loans and Ant Borrowing cannot exist at the same time. Product positioning is different.

1. Online Business Loan

Loan amount: up to 500,000 yuan for the express version, and up to 2 million yuan for the standard version

Application conditions: Age 18-65 The person in charge of corporate loans or individual industrial and commercial households must be 18 years old and must be an Alibaba member.

Product positioning: Online business loans are mainly operating loans for small and micro enterprises and individual entrepreneurs.

Service group: small and micro enterprises and individual operators.

Service provision: Open payment services for some small and micro enterprises and some individual operators.

Product categories: credit payment, order payment, early collection and other services.

2. Ant Borrowing

Loan amount: up to 300,000 yuan

Application conditions: Ordinary Alipay consumers with a Sesame score of 600 or more

Product positioning: Jiebei is a cash lending product targeting ordinary consumers.

Service crowd: consumers.

Service provision: Ant Financial currently provides payment services to consumers.

Product type: credit payment.

Extended information:

Application conditions for online business loans:

1. Paid members of the International Station

2. The applicant is a legal enterprise The representative or the person in charge of the individual industrial and commercial household must be between 18 and 65 years old, and be a mainland Chinese resident who has settled in the country for a long time

3. The industrial and commercial registration place is in mainland China

4 , industrial and commercial registration time gt; = 1 year; total sales amount in the past 12 months gt; = 100W

5. The company cannot change its legal representative (special) and main business within one year

6. If there is a non-seasonal production stoppage in the past year, you cannot apply for a loan

The application conditions for Ant Borrowing:

1. The application threshold is a sesame score of more than 600 .

2. Depending on the score, the loan amount that users can apply for ranges from 1,000 to 300,000 yuan.

3. The maximum repayment period for Borrowing is 12 months, and the daily loan interest rate is 0.045. You can repay as you borrow.

MyBank - Online Business Loan

Baidu Encyclopedia - Borrowing