ZGC Sci-tech Guarantee recently launched an online standardized product for small and micro businesses----Micro Financing Guarantee Programme 2.0---- to promote the deep integration of inclusive guarantee and fintech. Only three days after its launch, 18 projects had been approved for loan and obtained more than 46 million yuan, achieving “a new speed of guarantee” in the new year.  

A small digital technology firm had difficulty in paying wages before the Spring Festival. Upon learning the situation, ZGC Sci-tech Guarantee immediately provided guarantee to this firm. With this help, the small digital firm got a bank loan of 3 million yuan within one day, effectively supplementing its working capital and allowing its staff have a “warm festival”.  

Through online application, online data transmission, online approval, online contracting and online lending, Micro Financing Guarantee Programme 2.0, coupled with ZGC Sci-tech apps for client-side and channel-side, can complete the processes of guarantee approval and loan extension with only “one click”, providing faster guarantee services with higher quota for small and micro firms.

The programme can further empower transformation with “digital and intelligent” technology, depict accurate portrait for target customers with the help of big data, and strengthen dynamic management.

To provide more intelligent guarantee services, the product contains risk control models like access screening for different scenarios and guarantee quota calculation, inputs big data from different departments, such as industrial and business administration, taxation, justice and public administration, and adopts sci-tech innovation capability assessment tools to carry out multi-dimensional intelligent evaluation on small and micro firms.