Ningbo Online Micro and Small Enterprises Raised Huge Funds in Q1
- Details
- Category: Ningbo Business
- Published: Tuesday, 28 May 2013 08:21
The fund raising report of the first quarter, released on May 20, showed that the total funds that Ningbo’s online micro and small enterprises raised amounted to nearly 200 mln yuan in 120 some thousand deals.
It is learned that there is a wide range of loan products available on the alibaba websites for micro and small enterprises as well as individual entrepreneurs, including such products as order loan and unsecured loan etc. All of the loans do not require any warranty or mortgage; instead, they are handled through the special credit modal depending on data and internet. The applicants can complete their loaning process online and free of time and space constraints.
