Suning Financial Has Provided 3.5 Billion Financial Support For 4700 Retail Cloud Stores

Recently, the person in charge of Suning finance comprehensively introduced the new enabling effect of "technology + scene" on retail cloud. According to the data, so far, Suning financial micro business financial credit loans have provided 5600 retail cloud stores with loan credit lines, 4700 retail cloud stores with 3.5 billion financial support, and assisting franchisees with 4 billion + procurement.

Since the outbreak of the epidemic this year, Suning finance has also carried out interest free withdrawal for small and micro businesses, with an accumulated interest free profit of 3.2 million yuan and an increase of 800 million yuan in credit line. Suning finance also creates store operation guarantee for retail cloud franchisees. In the past year, Suning insurance has provided risk protection for nearly 1000 retail cloud merchants, and the total amount of risk protection has exceeded 600 million.

It is understood that Suning financial has always adhered to the service concept of "financial technology + scene finance = Inclusive Finance". In the next three years, Suning financial will invest 300 billion yuan to suppliers, franchisees and other partners, and provide 50 billion yuan low-cost financing for the majority of small and medium-sized businesses. At the C-end, Suning finance continued to promote interest free installment activities, and helped quality consumption by making profits of 10 billion yuan through the platform