Zhongan Xinye and Koala Credit Information Launch POS Business Loan to Solve the Problem of Merchants' Financing

Recently, Zhongan Xinye joined hands with Koala to launch a new credit loan product “POS Business Loan”. It is reported that the product is mainly for Lakara POS merchants, merchants can apply in the Koala Credit Report APP, and the approval is faster.

Founded by Lakara, Koala Credit is an independent, open third-party credit assessment and credit management organization that focuses on big data reporting models. The koala credit relies on Lahakara's superior resources to build a comprehensive credit information system for individuals and business users, and provides a reliable basis for industry users to conduct credit reporting activities.

It is understood that the credit of Koala merchants is derived from the real and objective business operations, and is supplemented by the third-party payment data unique to Koala’s credit information and the credit model constructed by Internet big data. It is a scientific tool for assessing merchant credit. . The credit score adopts internationally accepted credit rating standards and conducts merchant credit evaluation from five dimensions: corporate attributes, credit history, growth ability, operational stability and performance capability. A higher score indicates that the better the credit history, the stronger the credit ability. Merchants can check the credit score by logging in to Lacala WeChat business service platform.

In China, there are more than 60 million small and micro businesses. Limited by the objective conditions of business premises and business categories, financing has become a core problem that plagues the development of small and medium-sized enterprises. The introduction of the enterprise credit evaluation system not only fills in the blank of such merchant data, but also provides a real and effective reference basis for its financing.

As a leading microfinance company in China, Zhongan Xinye has provided loan services to hundreds of thousands of small and micro-business owners and working-class people for 13 years to help them improve their lives and realize their dreams. The “POS Business Loan” jointly launched by Zhongan Xinye and the Koala Credit Information Co., Ltd., based on the credit score of the merchants of the Koala Credit, provides financing services for 10 million small and micro merchants in China, which will further solve the traditional retail. The problem of corporate financing is difficult.

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