Title Ali small loans in customer mining compared with traditional methods what are the differences, the method has what application

1. Ali microfinance in customer mining and traditional methods are: Ali microfinance target customers are mainly small and medium-sized enterprises, traditional loans are generally more inclined to large enterprises. Loans in Ali Microfinance do not require a guarantee, while traditional loans generally require a guarantee. Application conditions are different, apply for Ali microfinance only need to meet the Alibaba members registered for six months, with real-name authentication of personal Alipay account and other simple conditions can be audited, which is a big difference with the bank issued a variety of audited loan conditions. The lending basis is different, Ali microfinance is mainly based on the enterprise's own financial situation and members of the Alibaba platform network activity volume, etc.; and traditional loans to bank loans, for example, the lending basis for a variety of users are also more demanding.

2. Application: Alibaba small loans focus on serving Alibaba and Taobao platform for small and medium-sized enterprises and self-employed entrepreneurs, one after another Taobao order loans, Alibaba credit loans and Taobao credit loan products, without collateral, no guarantor, the minimum amount of $1, the maximum amount of 500,000 yuan to apply for a loan, the review of the loan, the loan the whole process online, the shortest 3 minutes to lend, the longest application within 7 days. The most important thing is that you can get a loan within 7 days after applying for it.

(Operating environment: 1688 Alibaba APP Android version: v10.15.2.0 Taobao APP Android version: 10.6.20)

1.Ali microfinance refers to loans issued on the creditworthiness of the borrower, and the borrower does not need to provide security. Its characteristic is that the debtor does not need to provide collateral or third-party guarantees only by their own credibility to obtain a loan, and the borrower's creditworthiness as a guarantee of repayment of the loan. Ali Micro Loan is a pure credit loan product provided by Alibaba Finance for Alibaba members. Alibaba small loans are unsecured, unguaranteed, and the loan product is open to members of the Hangzhou region's honesty through members and Chinese supplier members, and the loan lending object is the legal representative of the member enterprises.

2. When applying for a small loan from Ali, you must try to fill in the information completely, and make sure that the information can withstand the check. During the waiting period, you must ensure that your cell phone is free, get enough to answer the Ali microfinance staff call at any time. After getting a credit from Ali Microfinance, it is valid for 30 days. If the expiration date has passed, then it will be difficult for you to get a loan quickly, and you need to submit a new application.