Business process:
1, raising funds, that is, looking for investors, will generally be above 1.
2, looking for goals, generally collecting assets such as houses and cars.
3. Handle mortgage transfer and other procedures.
4, lending, the general interest is more than 2 points, earning a spread.
The above is a simple process, and some credit loans basically have no three processes.
This business model is relatively simple and risk control is relatively easy, mainly focusing on cars and houses. Generally speaking, under the premise of meeting the mortgage procedures in a small scale, the risk is not great, and moral hazard and asset liquidity risk will appear in a large scale.