What is 9 1 Wang Cai?

What is 9 1 Wang Cai? 9 1 Financial CEO Xu explained that 9 1 is different from other P2P online loans we have seen, and more accurately, it should be a "bridge loan" Internet direct financial platform.

What is bridge loan? It takes a certain time for an enterprise to get a loan from a bank and get approval. The bridge loan is aimed at this time gap.

9 1 Finance has done a lot of such business before, recommending enterprises with bridge loan needs to financing guarantee companies, which provide short-term loans. Now it can also do this on its own platform of 9 1 finance, and provide financial products for users with financial needs.

This kind of bridge loan is characterized by short term, no more than 3 months at most, and low risk, because the bank has already conducted the audit first.