What is the difference between borrowing and online business loans, and what is the difference betwe

The differences between Ant Borrowing and Online Business Loans are as follows:

First, the product positioning is different.

1. Online business loans are mainly for small and micro enterprises and individual entrepreneurs.

2. Borrowing is a cash loan product for ordinary consumers.

Second, the service population is different.

1. Online business loan service groups, small and micro enterprises and individual operators.

2. Ant borrows to serve consumers in the crowd.

3. Service provision is different.

1. The online business loan service provides open payment services for some small and micro enterprises and some individual business users.

2. Ant Loan Service provides payment services for consumers by Ant Financial.

1. Activation requirements

Borrow: Alipay users with good credit are required to have a Sesame Credit score.

600 points or more.

Online business loan: Alibaba.

Members, legal legal persons or individual industrial and commercial households.

The industrial and commercial registration time is at least one year.

2. Loan interest rate

Borrow: The interest rate of the loan is between the daily interest rates. For people with good credit, the daily interest rate is generally .

Online business loans: The daily interest rate of people with good credit can be as low as that, and the daily interest rate of people with excellent credit can be as low as that.

3. Loan amount

Borrowing: The limit range is between 1,000 and 300,000 yuan, and the specific amount varies from person to person.

Online business loan: the maximum loan amount is 500,000 yuan; The maximum standard loan amount is $2,000,000.

4. Borrowers

Borrowing: The subject of the loan agreement signed by the user is: Chongqing Alibaba Small Loan****.

Online Business Loan: The main body of the loan agreement signed by the user is: Zhejiang MYbank shares****.

V. Channels for collecting credit reporting information

Borrowing: The credit information collection of borrowing is mainly based on the credit information in the "Sesame Pass" and the Sesame Credit System. In other words, borrowing is mainly included in the sesame credit system. However, in the future, borrowing is very likely to be included in the People's Bank of China.

credit system.

Online business loan: In addition to sesame credit, the credit information of online business loan also has a credit evaluation structure and institutions licensed by regulatory agencies, and there is also a basic database of financial information of the People's Bank of China, which is what everyone usually calls "personal credit system, which means that if you want to borrow money from online business bank, in addition to being included in the sesame credit system, it will also be included in the credit record of the People's Bank of China."

Online business loans should be more cost-effective in terms of interest rates, and the repayment method of borrowing should be more flexible, and borrowing should be in risk control.

The experience is slightly better than that of online merchant loans. Both basically have their own merits, and the one that suits you is the best. In fact, online business loans cannot be opened by ordinary people, it serves merchants; The scope of borrowing is large, as long as Sesame Credit can be opened.

There is a big difference between online business loan and borrowing, and the two main differences are as follows:

First, borrowing is a personal consumption loan, and online business loan is an operating loan, and the purpose of borrowing is different, and the application conditions are naturally different.

Second, as an operating loan, the maximum amount of online business loans is 1 million, which is much higher than the maximum amount of borrowing. Of course, the actual amount of quota can be obtained is given by the system after review according to the user's comprehensive situation, and manual intervention cannot be made.

Introduction:Borrow:

Borrowing is a borrowing service for personal consumption in Alipay, which belongs to personal consumption loans. Users can apply to withdraw the borrowing amount to their bank savings card or Alipay balance, and then use the borrowing to pay for daily consumption, decoration, travel and other expenses.

Users can search for borrowing in Alipay, and try to open it after entering the page. The amount and interest rate of borrowing are given by the system after evaluation according to the comprehensive situation of the user, so the amount and interest rate of each user may be different, and the amount and interest rate of the same user in different periods may also be different, because the borrowing system will re-evaluate the comprehensive situation of the user from time to time, and then may be adjusted according to the results.

MYbank: MYbank is an operating loan launched by MYbank for small and micro enterprises and individual entrepreneurs, which is a pure credit loan without collateral and guarantee based on the operation and credit status of the operator. Users can search for online business loans in Alipay, and try to apply after entering; You can also apply through MYbank.

The first is that the target is different. Borrowing is a personal consumption loan, as long as it meets the system assessment, many users can use borrowing, but online business loan is an operating loan for small and micro enterprises and individual entrepreneurs, if you are not a small and micro business owner or individual entrepreneur, then you can not apply for an online business loan, you should pay attention.

There are many loan products similar to borrowing in the market, such as money to spend, Zhaolian good term loan, micro loan, 360 IOU, etc., which can provide loan services for individuals. Although there are many loan platforms in the market, they need to be consumed reasonably and should not be excessive, so as to avoid undesirable situations such as overdue.

The platforms are different

MYloan is a loan product of MYbank, and borrowing is a loan product of Ant Financial. Although MYbank's major shareholder is Ant Financial, there is a big difference between the two in terms of product application.

The loan object is different

The scope of online merchant loans is relatively small, mainly to provide services for Alibaba users, and the borrowers are basically branch store owners. There are many loan objects to borrow, and basically all Alipay users can apply for it. The two are aimed at very different people.

The amount is different

There are two types of loans, one is the express version and the other is the standard version. The maximum loan amount for the Express version is 500,000 yuan, and the maximum loan amount for the standard version is 2 million yuan. The amount of borrowing is much smaller than that of online business loans, at most only 300,000 yuan.

The difference in loan amount between the two is obvious.

The application conditions are different

The borrower must be a corporate loan or a person in charge of an individual business aged 18-65 years old, and must be an Alibaba member. The borrower requires the borrower to have a good credit report and a certain ability to repay. Obviously, the application conditions for borrowing are more down-to-earth.

The difference between Ant Loan and Online Business Loan is:

1. The platform is different.

Ant Shangcheng Microfinance Company, a subsidiary of Ant Financial, provides funding, while MYbank and other partner financial institutions provide funding. But there are big differences between the products, and the service objects are different.

2. The application conditions are different.

**Business loans require the borrower to be between the ages of 18 and 65, be a corporate legal person or individual business owner, and have Alibaba membership. As long as you have a good personal credit history, high activity in Alipay, and the ability to repay, you will have the opportunity to open, which is more down-to-earth than borrowing money than online business loans.

Sogou asked. 3. The loan object is different.

Borrowing is a personal consumption loan, and online business loan is an operating loan for enterprises and entrepreneurs, the scope of online business loan is relatively small, mainly for Alibaba's user services, and those who can borrow are basically the best store owners, but there are many kinds of objects, basically as long as it is Alipay users can apply. The target population is different, which is the difference between the two.

4. The amount of borrowing is different.

There are two types of online business loans, fast and standard version, and the fast loan can be up to 500,000 yuan. The standard version can borrow up to 2 million yuan. The amount of borrowing is much smaller, at most only 300,000 yuan, and the difference in the amount is relatively large.

Extended Materials. Borrowing is a loan service launched by Alipay, and the current application threshold is more than 600 sesame points. Depending on the score, users can apply for loans ranging from 1,000-300,000 yuan.

The maximum repayment period of the loan is 12 months, and the daily interest rate of the loan is to borrow and repay at any time.

At present, the consumer loans launched by e-commerce giants are mainly aimed at the consumption scenario stage of e-commerce platforms, but with the accumulation of personal credit data, personal credit loans in non-consumption scenarios have also been launched one after another.

The difference between borrowing online business loans: borrowing is for individuals, and borrowing for online business loans is for small and micro enterprises; The borrowing amount of borrowing is lower than that of online business loans; Borrowing is a loan product of Ant Financial, and MYloan is a loan product launched by MYbank. The application conditions and review criteria for borrowing are different from those for online business loans.

Therefore, users usually do not have both borrowing and online merchant loans, and users of both will only have one borrowing portal, and they can try to apply for a loan if they have a borrowing portal.

The differences between online business loans and borrowing are:

1. Different in nature

Borrowing is a personal consumption loan, while an online business loan is a business loan.

2. The lender is different

The lender of the borrower is Ant Shangcheng Microfinance Company, a subsidiary of Ant Financial, while the lender of the loan is MYbank and other cooperative financial institutions.

3. The loan amount is different

The maximum loan amount for online business loans is 2 million yuan, while the maximum loan amount for borrowing is 300,000 yuan.

Both borrowing and online business loans belong to online lending, and there is no good or bad because of the different objects for them; Borrowing is mainly for individual users of Alipay, and only individuals with a score of 600 or more on Sesame Credit can open a loan; Online business loans are mainly for ** store owners, and the loans are mainly used for business, and there is a big difference between the two on the whole.

Borrowing is a product launched by Ant Financial, while MYbank is launched by MYbank, these two loans belong to different platforms, you must pay attention when using them, it is worth mentioning that the major shareholder of MYbank is Ant Financial.

The maximum amount of borrowing in terms of loan amount is 300,000 yuan, while there are two loan versions of online business loan, with the amount of 500,000 yuan and 2 million yuan respectively; The application conditions for online business loans are higher than those for borrowing; Whether it is a borrowing or an online business loan, you must repay the loan in time after borrowing, if the overdue repayment will produce a bad credit record, and the loan will cause trouble in the future.

Generally speaking, the amount of borrowing can meet the use of most people, and with the increase in the number of uses, the interest rate of borrowing will be reduced, and you can pay less interest when borrowing.

Which is better, online business loan or borrowing, the key lies in the matching of personal needs, and the comparison of the two products is as follows:

1. Loan amountThe maximum loan for the fast version of the online business loan is 500,000 yuan, and the maximum loan for the standard version is 2 million yuan; Borrow up to 300,000 yuan.

2. Loan objectOnline business loans are mainly loans for small and micro enterprises, self-employed and entrepreneurs; The borrowing is mainly for Alipay users.

3. Loan interestThe interest rate of online business loans is generally between the to; The interest on the loan is generally in between.

If you have a high loan demand and have the borrowing conditions, then the online business loan is better; If you are borrowing personal money for daily turnover, then borrowing is more suitable.

As of January 18, 2020, online business loans are more cost-effective.

Compare from two aspects:1. Interest rateSince borrowing is a lending product for individual users, while online business loans are mainly lending products for enterprises and merchants, the latter is more affordable in terms of interest rate. At present, the interest rate of borrowing is generally around 10,000, while the interest rate of online business loans is about 2.50,000, or even lower.

Therefore, in comparison, online business loans are more cost-effective in terms of interest rates.

2. Repayment methodIn fact, the repayment method only saves you some interest, but it does not make it cheaper. For example, borrowing supports interest first and principal later, while online business loans are equal principal, although it seems that the interest of the former is much more, but in fact it is only related to the loan principal in hand. The principal of the repayment method of interest first and principal has not changed, so the total interest is more, while the equal principal needs to be repaid on a monthly basis, so the principal in hand has been decreasing, and the total interest will naturally be less.

Borrow. According to the official understanding of the borrower, the daily interest rate of the borrower is between. For people with good credit, the daily interest rate is generally .

Online business loans. From the official website of online business loans, you can know that the daily interest rate of people with good credit can be as low, and the daily interest rate of people with excellent credit can be as low as to.

From the above information, it is not difficult to see that there is no clear regulation on the interest rate of borrowing and online business loans, and it is closely related to the actual situation of the borrower.

At present, there are not many people who have both borrowing and online business loans. If you can have both borrowing and online business loans, then the comprehensive credit level must be better. As a result, the interest rate on the loan you get will not be very high.

If you want to know which is the best deal, borrowing or online merchant loans, then you can check how much your interest is by previewing the order.

When it comes to early repayment, there is a clear difference between the two. At present, borrowing not only supports borrowing and repaying at any time, but also does not charge early repayment fees. However, many of the loan products of online merchant loans will charge a prepayment fee.

On the whole, online business loans are better. Borrowing is more flexible, borrowing and repaying at any time, but most people's amount is very low, ranging from thousands to tens of thousands, and the benefits are high. The amount of online business loans is generally relatively high, and the benefits are also low, so businessmen use them.