The financing channels for small and micro enterprises are not generally narrow.

According to Wang Liang, Vice President of Renrenxing Technology Co., Ltd. and General Manager of the Promotion of Lengbao Enterprise Edition,

Loan Treasure Enterprise Edition

Having features such as speed, flexibility, and convenience. Jiedao Bao Enterprise Edition aims to establish a fast, stable, and flexible innovative financial service platform for enterprises. Small and medium-sized enterprises can conveniently initiate financing and pay salaries to employees through the platform. Employees can also decide whether to invest in their own company and gain profits based on their own understanding of the company. The platform can be accessed through large numbersjuAssessing the credit status of enterprises, reducing information asymmetry between banks and other financial institutions and enterprises, and lowering the cost of traditional financial institutions providing loan services to small and medium-sized enterprises. This transaction model breaks away from the costly credit review and risk control processes, and not only has the interest rate of funds much lower than that of private lending, but also has the advantages of self risk control, fast promotion speed, and high investment return rate.

The representatives of the attending companies also introduced practical cases of using loan banks to solve funding problems. The small lending treasure has effectively supported the financing channels of enterprises and changed their fate.

At this event, experts called for continuous innovation in financial service providers and various forms of financial reform. The provincial government should take measures to encourage, guide and support enterprises like Renren Technology, and develop more flexible and effective innovation platforms for small and medium-sized enterprises, so that enterprises have more choices. Meet the different needs of enterprises.

The financing channels for small and micro enterprises are not generally narrow. Debt and equity financing cannot meet the threshold and do not have their share. However, China's bank lending has a prerequisite, which requires the enterprise to have real estate as collateral, whether through guarantee companies or direct lending, but the reality is that it exceeds90%Small and medium-sized enterprises do not have the qualification to obtain loans from banks because they do not have real estate Li Zibin said that most small and medium-sized enterprises have to seek help from social capital with high interest rates, while others use their own funds and operate very cautiously. They can only do what they have and cannot develop and grow.

Li Zibin believes that there are several major prerequisites to completely solve the financing difficulties and high financing costs of small and medium-sized enterprises. Firstly, establish a relatively complete capital market system. Secondly, establish a sound social integrity system and a credit system for small and micro enterprises. "But these things cannot be solved in ten or eight years. Instead of waiting, it is better to think of more solutions."

Li Zibin pointed out that the recently released Jiedao Bao Enterprise Edition is an important channel for credit loans for small and medium-sized enterprises. "I really appreciate this financial product." He analyzed that the Jiedao Bao Enterprise Edition has at least three major benefits: firstly, excellent enterprises recognized by employees can obtain financing very flexibly, conveniently, and at a low cost;Secondly, investing in one's own business can generate financial returns for employees, while also creating two-way incentives that help them demonstrate their sense of ownership;Thirdly, through this platform, traditional financial institutions such as banks can intuitively obtain the objective credit evaluation of enterprises, thereby reducing the risks and costs of the funding side, and bringing cheap, long-term good funds to stable enterprises.