Social News
Written by: Zhang Jiamin
2020-05-11 00:00
Last update date: 2020-05-11 00:00The new Budget introduces a "100% Guaranteed Preferential Loan" where eligible SMEs can apply for loans and the government provides 100% guarantee. The two start-ups founded by the old students of Huangren College have cooperated to create an online system since early February. They can review the application qualifications for SMEs for free within 5 minutes. About 300 companies have registered and half of them have successfully applied for loans.
The online system takes only 5 minutes to review the enterprise application qualification. (Photo by Zhang Jiamin)
"Finmonster" was founded by 80-year-old Queen Ren old students Chen Jianming and Zheng Wenyao. It is an online financing platform that connects companies and banks. "Datax" was founded by Long Yuqian and Huang Weijun, the former post-90s queens, mainly to assist companies in processing and using data to improve efficiency. They started to prepare the online system at the end of February. The purpose is for SMEs to review and apply for the government's "100% Guaranteed Preferential Loan" program. As long as users upload the required supporting documents, the system will automatically scan and analyze the data to verify whether the company meets the plan. Petition form. "Finmonster" will also make relevant applications for corporate matching banks.
Only 5 minutes to complete the bank's approval for up to 3 months
Zheng Wenyao, one of the founders of "Finmonster", used to work in banks in the past, saying that if the bank handles the approval process, it usually takes about 1 to 3 months, but it can be shortened to about 5 minutes, and the time efficiency has increased by nearly a hundred times. "Datax" Long Yuqian said that the system can also save time such as missing documents and round trips to the bank. The system has received inquiries from nearly 1,000 companies. About 300 of these companies have registered and used the service. Nearly half of them have successfully applied, and the rest are in the approval process. They said that the service is non-profit-making, and it is more "avoidable", hoping to help SMEs get through the difficulties, and many customers expressed their gratitude after successful application.
Guo Yanlin, the honorary consultant of the Huangren Old Student Association, said that the old student association set up a platform for start-up alumni, the purpose is to quickly connect different companies to cooperate, and use technology to help different people in the society to overcome difficulties during the epidemic. At present, about 20 start-up companies founded by Huangren Jisheng have joined the platform, and even more companies have cooperated to launch services to help the unemployed find jobs in less than a month.
Epidemic Prevention and Anti-epidemic Fund ｜ 100% Guaranteed Loan Accepts applications next Monday for all walks of life
SMEs "100%" financing guarantee will accept applications next Monday. Many large banks are involved
Qiu Tenghua: The 100% SME Guarantee Plan launched on the 20th of this month
Huangren Old Students will regularly organize professional exchange activities for alumni in the fields of health care, law, financial accounting, engineering and public services. This year, in response to the increasing number of entrepreneurial alumni, a new mutual aid platform for start-up alumni is added to cooperate with each other and give back to the alma mater.
Loan from Huangren College
