Why is the interest rate on Tuandai.com so high?

With the expansion of group loan network users, people with high interest rates on group loan networks have become uneasy. Many people have such questions about the security of such a high interest rate platform. Let us analyze why groups The interest rates of the loan network are very high.

1. The background and target users of the group loan network

The group loan network was officially launched in 2012. It is an online finance company focusing on financing services for small and medium-sized enterprises. Information platform, in November 2013, Group Loan Network successfully completed the shareholding reform and became the first joint-stock online financial company in China with a registered capital of 100 million yuan. Group Loan Network has completed three rounds of financing of ***675 million yuan, with investors including venture capital Department, State-owned Assets Department, Entrepreneurship Department, Listed Department and other institutions. Among them, the B round of 200 million financing was led by Jiuding Investment, and the C round of 375 million financing was invested by Giant Investment, Jiuyi Investment, Shen Ningchen and others, with 100 million US dollars invested by Hongshang Guangying. At the beginning of the establishment of the group loan network, after extensive practical investigations and market analysis, the target market and service group were positioned as a large number of domestic small and medium-sized enterprises, with financing amounts generally ranging from hundreds of thousands to tens of millions.

2. Groups Introduction to loan network financial service products

Micro-group loans: mainly provide small loan products within 500,000 yuan to individual stores and individuals in areas covered by branches across the country. Currently, the main products include quick loans , car loans and small consumer loans, usually using personally owned real estate, cars, etc. as loan collateral.

Small and medium-sized enterprise loans: a credit business product that provides quick financing channels for small and medium-sized enterprises and improves capital utilization. .Mainly focused on traditional small and medium-sized enterprises in Dongguan. The borrower uses the company's fixed assets, equipment, accounts receivable, etc. as counter-guarantee to apply for a loan. After online review and evaluation by the credit personnel of the group loan network, the borrower will receive credit.< /p>

Supply chain: Supply chain is a product developed by Group Loan Network and Juntuo Finance for well-known electrical business platform merchants and cross-border trade enterprises. It is aimed at merchants who need working capital during the purchase and accounts receivable period. Provide more convenient financing channels, and at the same time provide customs declaration, warehouse management, logistics and other auxiliary services to borrowing companies.

Instalment Bao: Provided to white-collar workers, blue-collar workers, civil servants, employees of enterprises and institutions, students and other groups Small consumer loan products. Mainly provide consumer segmentation services in vertical consumer fields such as electronic products, home appliances and furniture, decoration, tourism, and skills training.

Project Bao: Group Loan Network provides services in stock investment, real estate investment, etc. A new product launched by companies with large capital needs in the field. The borrower can provide full collateral, and the corresponding loan amount will be awarded through platform evaluation to complete the bidding loan. The platform also evaluates investment projects to ensure that there is profit margin or hedging during the borrowing period. Preserve the value and exit to ensure the safety of repayment.

Asset flag: The borrower uses all futures, joint-stock company ownership, bank bills, commercial acceptance bills and other assets as pawnshops, and uses the group loan network to finance the loan flag. Group Loan Network According to the pawn shop's asset value discount credit, the borrower's borrowing amount must not exceed the credit limit.

Why the interest rate of the group loan network is high

From the above analysis, it can be seen that the loans of the group loan network Users who like to invest should choose companies with good qualifications and repayment capabilities. Even if they cannot repay their debts, these high-quality companies have many assets that can be used as collateral for loans. At the same time, in order to attract many users to borrow money on the platform