Is William's small loan a formal platform?

Yes

According to official website's inquiry, Beihai Weiliande Microfinance Co., Ltd. was established on February 3, 2023, and its registered place is Room 204, Unit 2, Building 5, Beihai Mangrove Modern Financial Industry City, Beihai International Financial Center, Yinhai District, Beihai City. Its business scope includes licensed projects: micro-loan business (projects that must be approved according to law can only be carried out after approval by relevant departments), and general projects: financing consulting services; Financial consultation; Enterprise management consulting (except for projects subject to approval according to law, and independent business activities according to law with business license). As of June 6, 2024, the company was in normal operation and was a regular company with complete qualifications and protected by law.