What does p2p online lending mean?

P2P is the abbreviation of English peer to peer lending, which means partner to partner. Also known as Peer-to-Peer peer-to-peer lending, it is a private micro-lending model, which gathers small amounts of funds and lends them to people who need them. It is the product of Internet finance (ITFIN).

P2P belongs to private micro-lending, which is an online credit platform with the help of Internet and mobile Internet technology, as well as related financial management behaviors and services.

The biggest feature of the pure online mode is that both borrowers and investors get credit loans from non-ground channels such as the Internet and telephone, and the loan amount is small. The credit evaluation and audit of borrowers are mostly conducted through the Internet. This model is close to the original P2P lending model, focusing on data lending technology, user market segmentation and small-scale intensive lending needs.

P2B mode typical platform:

This model has also made great progress in 20 13, in which b refers to business, that is, enterprise. This is a model in which individuals provide loans to enterprises. However, in practice, in order to avoid various risks brought by a large number of individuals lending money to the same enterprise, it is generally to give the money to the actual controller of the enterprise first, and then the actual controller lends the money to the enterprise.

P2B model is characterized by a high amount of single loan, ranging from several million to tens of millions or even hundreds of millions. Generally, guarantee companies provide guarantees and enterprises provide counter-guarantees. At the same time, this model no longer conforms to the characteristics of micro-scale and intensification. It is not easy for investors to fully diversify their investments and risks, and the related pressure is transferred to the platform, which puts forward higher requirements for the platform's risk tolerance.