How long does it take to apply for an Internet small loan license? How much does it cost?

Tengbo International
Mr. The company provides fund companies with comprehensive services such as subsequent fund manager registration and fund product issuance filing. (Transfer of third-party payment licenses includes ready-made private equity fund licenses, transfer, acquisition and transfer of private equity fund licenses) The company's pilot project. Domestic pilots are now in place. Even if they cannot obtain a license, as long as they obtain a small loan company license, they can participate in the interest differential income. On March 1, 2019, ten ministries and commissions including the central bank jointly issued the "Guiding Opinions on Promoting the Healthy Development of Internet Finance", which clarified that online small loans refer to small loans provided to customers by Internet companies through small loan companies they control, using the Internet to further broaden the scope of The business model of small loan companies. Obviously, the overall expansion of small loan companies is imminent, and the public's acceptance of Internet small loans is increasing. This is an excellent opportunity for various Internet companies to expand their financial sector businesses and get involved in Internet finance.
Based on Tengbo International’s previous experience of being entrusted to apply for Internet small loan licenses for many corporate customers, at this stage, the entire acceptance period from submission of information to final approval takes about half a year to apply for an Internet small loan license. In terms of the application cost for an Internet small loan license, the actual situation of the enterprise and the choice of application location will also affect the overall application cost. For now, Guangzhou Financial Street, Jiangyin, Jiangsu, and Ganzhou, Jiangxi have gradually liberalized the approval of Internet small loan licenses, attracting a large number of companies to rush to develop Internet small loan licenses. It can be boldly predicted that today’s third-party payment is the future of Internet small loan licenses. According to market transaction data, the current market transaction value of third-party payment licenses ranges from several hundred million to several billion yuan.
Conditions for applying for an Internet small loan license - Thresholds for applying for an Internet small loan - Specific requirements for applying for an Internet small loan -