the bank of commerce and industry ' s e-loaning is a product of a line-based micro-enterprise loan launched by the bank of commerce and industry, which targets the financing needs of small-scale micro-enterprises, free of collateral, quick approval and easy and efficient. however, many business owners had a question when they applied: could the loan be approved below line

can i get a loan under the line

First, there is a need to understand the application process for a loan from a business bank. This product is applied mainly through the Bank of Commerce and Industry Network or the Bank of Trade and Industry e Loans APP, and the owner is required to fill in the relevant information and upload the necessary information, pending approval by the bank. The entire approval process was completed online without the need for an offline review。

second, for technical reasons, the model of approval for the integration of e-credits by business banks is based on a new generation of technologies such as big data, cloud computing and artificial intelligence, which not only makes it possible to quickly judge the credit risk of an enterprise, but also makes it possible to compare data in many ways, thus making the results of audits more objective, impartial and accurate。

in addition, the business banks need only provide basic business information and loan needs and do not need a guarantor or collateral to take on the loan risk, so the business banks focus more on the company ' s credit records and creditworthiness during the approval process, that is, the higher the creditworthiness of the applicant ' s business, the greater the likelihood of approval. at this point, we can see that on-line approval for the integration of workers is not only an efficient, fast, small, mortgage-free product, but also a more fair and objective model of approval。

finally, although the bank of commerce and industry e-credit is an online completed loan product, entrepreneurs can improve the success rate of their applications by communicating professionally with offline persons, such as bank customer managers. entrepreneurs should actively communicate with the bank and successfully complete their applications。