What is BridgeEasy Loan? BridgeEasy Loan Review

What is BridgeEasy Loan? BridgeEasy Loan Review
Qiaoyidai is an offshore financing product specially designed by Hong Kong Qiaobitao Co., Ltd. for domestic cross-border e-commerce. Its goal is to allow fast and high-quality funds to help them improve their capital efficiency and thus achieve rapid business growth.

Financing options

1. Easy operation: 100% online operation, one-click API docking of e-commerce platforms, and extremely fast loans.

2. Flexible terms: Customize the loan amount and repayment period to prepare inventory without worries.

3. Sufficient credit limit: The maximum credit limit is US$150,000. Eligible customers can be approved for a maximum credit limit of US$1.5 million.

4. Low-interest loans: daily interest rates as low as 0.04%.

Product Details

1. Application Requirements

1. Monthly turnover of US$75,000 or more.

2. Complete platform API docking.

3. Own a Hong Kong company and bank account.

2. Financing Amount

$150,000.

3. Financing Cycle

90 days.

FAQ

Q: Is the application procedure complicated?

A: The whole process only has three steps, please see above for details.

Q: I don’t have a Hong Kong company, is it okay?

A: Currently, we can only provide loans to companies registered in Hong Kong. Enterprises that do not have a Hong Kong company can also apply for a loan from us as long as they register a Hong Kong company.

Q: Is it reliable to use API to connect to the platform? Are there any risks?

A: API connection is an officially approved method, so it is absolutely safe and reliable without any risk.

Q: Is there any connection with other platforms?

A: Currently, we support Amazon and eBay platforms. Other platforms are under development, so stay tuned.

Q: I want more credit, is that possible?

A: We have set entry requirements for credit limit increases. As long as the monthly sales reach a certain level and there is no overdue payment record, you can apply for a higher credit limit.

Q: What currencies do you currently provide financing in?

A: We provide financing in Hong Kong Dollar (HKD) and US Dollar (USD).

Development History

-In March 2016, QOBOD QOBOD Co., Ltd. was established.

-In August 2016, the accounts receivable financing platform was officially launched.

-In May 2017, the seed round of financing was led by Alibaba Entrepreneurs Fund and Concept Capital.

-In September 2017, we signed a bank-level credit insurance master policy with Euler Hermes.

-In March 2018, we signed a strategic partnership with Alibaba.com.

-In June 2018, we signed a strategic partnership with Cainiao.

-In August 2018, the total financing amount exceeded HK$1 billion.

-In September 2018, we worked with D&B to optimize the risk control model of Qbital.

-In October 2018, the cross-border e-commerce supply chain finance system was officially launched.

-In March 2019, the Series A financing was led by CreditEase Financial Technology Industry Fund.

-In May 2019, the Shanghai and Shenzhen offices of QPI were officially opened.

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