Yirongtong refers to a series of online platform financing products developed by Industrial and Commercial Bank of China to solve the financing problem of online merchants, aiming at the capital demand characteristics of the majority of online merchants. Among them, online merchant small and micro enterprise loan is a short-term loan business product provided by China Industrial and Commercial Bank for online merchant small and micro enterprises operating on the third-party e-commerce platform, which integrates online loan application, self-service withdrawal and self-service repayment.

What are the advantages of ICBC's easy financing loan?

Product advantage

1. Rich product system: according to the characteristics of different online merchants, provide a series of rich financing products, including online merchant credit loans, online merchant joint guarantee loans, online merchant general guarantee loans and online merchant mortgage loans;

2. Solve the guarantee problem: If certain conditions are met, loans can be obtained through credit or joint guarantee;

3. Convenient procedures: the whole process is online, eliminating the need to travel to and from the bank;

4. Efficient self-help: operate independently through online banking.

In terms of the term of easy financing loan, the longest term of online business mortgage (pledge) loan shall not exceed 1 year (inclusive); The term of secured loans and credit loans of online merchants shall not exceed 6 months at the longest (inclusive); After the loan expires, eligible loans can be renewed. Easy financing repayment method can settle interest on a monthly basis and repay the principal at maturity.