On the one hand, it is difficult and expensive for small, medium and micro enterprises to raise funds, and on the other hand, commercial banks are slow in reviewing loans and difficult in risk control. This dilemma has existed for a long time. For a long time, the supply-side reform of the financial sector has not been perfect, and it has become a common fact that financial institutions have insufficient support and low enthusiasm for financing small, medium and micro enterprises.
Since the beginning of this year, facing the impact of the new crown pneumonia epidemic on economic and social development, SMEs have encountered more severe financing difficulties. More than 70% of business owners clearly stated that they have urgent financing needs. In Guangdong, in order to expand corporate financing channels, steadily promote the "six stability" and "six guarantees" and promote economic recovery has become the top priority of current work.
In January of this year, under the guidance of the Guangdong Provincial Local Financial Supervision Bureau and supported by OneConnect, the Guangdong Province Small and Medium Enterprise Financing Platform (“Small and Medium Financial” platform for short) was officially launched, focusing on corporate financing problems and guiding the focus of financial services. Shen, effectively serving the development of the real economy.
"We gather all the stars and dots, and they will become a more powerful and vast light." On September 11, the "Small and Medium-Sized Finance" platform officially released a promotional video-"The Power of Seeing", which used the financing cases of small and medium-sized enterprises in a special period as a creative prototype to demonstrate how the platform uses technology to empower financial innovation capabilities and enable small There is a brand-new "Guangdong model" for solving the global problems of "difficult financing, expensive financing, and slow financing" for enterprises.
"The team races against time, develops more efficient detection solutions, and is pushed onto the field of battle against time." This is the voice of the project leader of a health technology company in Guangzhou --- the epidemic is the command, prevention and control is the responsibility, and defeating the virus has become all sectors of society common goal. However, pathological samples came one after another, and the production of large quantities of accounting test reagents may cause tight capital turnover. The "Small and Medium Business" platform understands the needs of enterprises, and through capital integration, helps enterprises to take steps to innovate and contribute to winning the battle against epidemic prevention and control.
"The consumption of new materials that meet the standards of new equipment far exceeds expectations, but in any case, the persistence of the green production line cannot be changed." This is the inner monologue of the person in charge of a cable manufacturing company in Dongguan. With the rapid development of science and technology, technological innovation has increasingly become an important driving force for stimulating economic growth and accelerating the conversion of new and old kinetic energy. However, the funding gap is undoubtedly the biggest obstacle to enterprise development. The "Small and Medium Business" platform has established green channels, "special quotas, and special approvals" to escort a group of high-tech enterprises with strong vitality and rapid growth.
Ensuring the timely and sufficient supply of "vegetable baskets" during special periods is an important guarantee for epidemic prevention and control. The person in charge of an ecological agriculture company in Heyuan, Guangdong guided, “For individuals, expanding production and operation requires more capital costs, the collateral available for loans is insufficient, and the risk assessment is low. Farm expansion and farmers’ fruit and vegetable purchase plans are affected. Stranded by force.” In response, the “Small and Medium Rong” platform quickly launched the epidemic zone and launched anti-epidemic loan products, so that “asset-light” companies can enjoy more convenient and preferential financing services.
"We see demand and use corporate portraits to make loans easier." Under the promotion of the local financial supervision bureau of Guangdong Province, the "Small and Medium Financial" platform uses advanced financial technology such as blockchain and artificial intelligence to build an information-based financing service platform to conduct comprehensive and three-dimensional analysis of corporate portraits and provide powerful insights The financing needs of enterprises. Simplify the application process through online operations, improve the efficiency of lending, and solve the urgent need for corporate funds.
"We see hope and use technology to integrate government data." The "Small and Medium Business" platform has created a good information sharing mechanism and a smooth cross-departmental business collaboration process, opened up a full amount of government affairs data, and solved the difficulties of obtaining, verifying, and using government data in the past. The corporate risk profile and credit evaluation report provided by the “Small and Medium Financial” platform can help banks effectively identify the potential risks of small and medium-sized enterprises, allowing banks to “dare to lend” and reduce the radius of financial services to those with insufficient financial services under traditional conditions. Micro-enterprises and individual industrial and commercial households.
"We see every company, and cooperate with financial institutions to provide one-stop loan solutions." The "Small and Medium Business" platform is open to every small and medium-sized enterprise to truly understand the financing needs of enterprises. At the same time, by connecting more than 350 financial institutions and launching more than 1,000 financing products, it connects small and medium-sized enterprises and financial institutions by means of informatization to establish a complete The management and approval mechanism of the company cooperates with financial institutions to provide enterprises with one-stop loan solutions.
In the first half of 2020, the downward pressure on my country's economic development will be greater, and the impact of the new crown pneumonia epidemic on social production is particularly obvious. With the help of the "Small and Medium Business" platform, small and medium-sized enterprises that have gone through the cold winter gradually get out of their predicament, and the butterfly becomes a new life. As stated in "The Power of Seeing", the "Small and Medium Business" platform has become a boost for small and medium enterprises, and is becoming a new force for corporate financing and development.
Since its official launch, the “Small and Medium Business” platform has used financial technology to improve the credit evaluation system of small and medium enterprises, providing enterprises with integrated online intelligent financing services such as information collection, credit evaluation, information sharing, financing docking, and risk compensation. Risk profiling and commercial credit analysis and evaluation provide precise measures for small and medium-sized enterprises such as difficult financing, expensive financing, and slow financing.
As of August 2020, the "Small and Medium Business" platform has accessed a total of 250 government data from 34 government units, comprehensively collected information on more than 11 million enterprises in the province, served more than 40,000 enterprises, and achieved a cumulative financing of more than 20 billion Yuan, using financial technology to help financial institutions strengthen their effectiveness in serving the real economy.