Traditional Culture Encyclopedia - Traditional festivals - The difference between network microfinance and traditional microfinance

The difference between network microfinance and traditional microfinance

Network microfinance, breaking the traditional microfinance business scope restrictions, to achieve cross-regional operation, allowing sole proprietorship establishment

P2P network loan is a qualified network credit company (third-party companies, websites) as an intermediary platform, with the help of the Internet, the mobile Internet technology to provide information dissemination and transaction realization of the network platform, the borrowing, the lending The two sides docked to realize their respective lending needs. In P2P network lending, the Internet platform can only play the role of "information intermediary", providing information intermediary services, can not directly issue loans.

Traditional small loans, with the right to issue credit, but limited to the city (county), some products need to apply to the franchise to start the provincial business.