"Mr. Zhang, the registered capital of the two online small loan companies under Ruixiang is 900 million yuan.

According to the new regulations on online small loans, the leverage ratio of each province is different, roughly between 0.5 times ~ 3 times.

The lowest in the Modu area is only 0.5 times, and the highest in Qiong Province with a leverage ratio of 3 times.

First of all, I need to understand the registration area of Ruixiang's two online small loan licenses before I can approve an approximate amount for you. ”

Zhou Lixin, vice president of Beijing Rural Commercial Bank, was sitting in Ruixiang's conference room at this time and chatted with Zhang Yida about cooperation.

"Yes, the regulations on online small loans are still quite strict, and the leverage ratio must be clarified.

If Mr. Zhang is still short of funds, he can find our Industrial and Commercial Bank of China to issue bonds. ”

The person who spoke was Vice President Cui of the Beijing Branch of the Industrial and Commercial Bank of China, and Ruixiang's capital storage, transfer and other businesses were basically completed through the Industrial and Commercial Bank of China.

The cooperative relationship between them has always been good, so for this online small loan financing, Zhang Yida also invited people from the Industrial and Commercial Bank of China to come over.

Hong Haibo, general manager of the consumer finance and wealth management division, who was sitting next to Zhang Yida, replied:

"Ruixiang has two online small loan subsidiaries, one is called Yuzhou Ruixiang Xincheng Network Small Loan Company, and the other is called Qiong Ruixiang Small and Micro Loan Co., Ltd.

The leverage ratio in Chongqing is 2.3 times, while in Qiong Province it is 3 times. ”

Zhang Yida nodded, this is also what he specially arranged before, and he specially found 2 regions with high leverage to acquire online small loan licenses.

"Oh...... The area is quite well chosen, and the leverage ratio is relatively high. In this way, this one in Yuzhou, let's lend, 900 million times by 2.3 times, that is, 2.07 billion.

As for the one in Qiong Province, how about handing it over to ICBC?"

Zhou Lixin glanced at President Cui of the Industrial and Commercial Bank of China, compared to the strength, it is true that the Beijing Rural Commercial Bank is much inferior to the other party.

"Huh...... We don't mind ICBC, the loans of the two online small loans are handed over to us, and we can afford it. ”

Ruixiang is a big customer of President Cui's Beijing branch, and his financial situation has always been very good, and now there are billions of dollars in his bank account.

Therefore, this kind of high-quality customer borrowing, President Cui is willing to borrow 100,000.

"Lao Cui, you're a little unsophisticated. Mr. Zhang called two of our banks over today, and it was clear that one bank was responsible for borrowing money from a company.

Wouldn't it be nice for you to put 2.7 billion over there and 2.07 billion on my side?"

Zhou Lixin, the vice president, is much more difficult than Governor Cui, after all, he is just a rural commercial bank, and the other party is the largest bank in the universe.

Good customers, high-quality corporate customers, and individual customers all went to the four major banks of China Agricultural Industry and Construction.

Finally, there is such a high-quality borrower as Zhang Yida, of course, he has to grasp it firmly.

"Two presidents, there is no rush in this matter. First of all, it is clear that Rui wants to borrow 4.77 billion yuan from two online small loan companies.

As for which bank to borrow from? We also have to consider the cost of capital.

After all, running a business is a cost. ”

Zhang Yida said with a smile, he hadn't opened his mouth yet, and the two presidents were about to quarrel.

"How long do I need to borrow? The short-term benchmark interest rate of ICBC within one year is 4.35%, and the medium- and long-term benchmark interest rate for 1-5 years is 4.75%.

For a large group like Ruixiang to lend money, we can give a benchmark interest rate and not go up.

As far as I know, if the rural commercial bank borrows, it will have to rise by at least 50% above the benchmark interest rate. ”

Governor Cui glanced at Zhou Lixin, who buried his head and didn't speak, he was poked in the sore spot!

Zhang Yida glanced at Zhou Lixin, and guessed in his heart that it should be that the interest rate of the Rural Commercial Bank is higher than that of the Industrial and Commercial Bank of China, resulting in a relatively high cost of funds.

"That's it! As much interest rate as the ICBC gives Ruixiang, we will give as much as Beijing agricultural businessmen. ”

After Zhou Li struggled with his confidence, he felt that this loan business still had to be done, after all, the amount was very large, and the repayment was also made by Ruixiang this large group, and it was okay to earn two points of interest rate difference.

According to the interest rate of 4.35%, it borrowed 2.07 billion yuan from the Beijing Rural Commercial Bank and 2.7 billion yuan from the Industrial and Commercial Bank of China.

Yourui Group provides unlimited guarantee liability for these two loans. ”

Zhang Yida knows that if he borrows so much money, he will either use his assets as collateral, or he will only use the group to enhance his credit.

The two online small loan subsidiaries are wholly owned by the group, and it is okay to provide a guarantee.

"Okay, then let's do it! Then we'll arrange for the audit report, and the audits.

We will complete all business processes as soon as possible and approve the funds as soon as possible. ”

Seeing that Zhang Yida had made a decision, President Cui replied very cheerfully.

"Well, our Beijing farmers and businessmen will also seize the time, and it doesn't hurt to give Ruixiang the green light. ”

Zhou Lixin saw that Zhang Yida agreed to come to his side to borrow money, and he was in a very beautiful mood, and said with a smile.

"There is no need to rush the funds, and the money does not need to be in place all at once, so let's make a credit line! We will withdraw a part of it every month or even every day. ”

Zhang Yida will not be stupid to withdraw a loan at one time, more than 40 billion, and he can't lend it all in one day.

On the rest of the hand, the daily interest is five or six hundred thousand, which is an unnecessary cost.

Ruixiang's own 1.8 billion funds are basically about to bottom out, because after the New Year, Ruixiang has opened a batch of credit to all users.

Up to now, the number of credit grants has reached 500,000, and the total amount of credit has reached more than 3 billion.

Although some users have not used the credit line, or have not used it up, the monthly loan amount has also reached more than 1 billion yuan.

This is also the situation after Zhang Yida demanded strict control of asset quality.

Hong Haibo has also been more cautious, although the model of investment and financing wallet and investment financing exchange IOU has basically run through, but the user's line of credit is still being opened up little by little.

Of the 300 million users of Ruixiang, only 500,000 have loans and credit payments, equivalent to 1 in 600.

Zhang Yida's chicken thief once again refreshed the impression of the two governors on him, but he didn't say much.

After all, the loan can be regarded as approved, but it is not a one-time one-time loan, and it may withdraw 30 million today and 50 million every day.

The interest can be calculated according to the actual borrowing date of each loan, and the bank has an internal system, and the operation is not troublesome.

After the two presidents left, Zhang Yida looked at Hong Haibo and asked, "Is your business growing quite fast! This is a monthly loan of more than 1 billion yuan?"

"I also have to thank the brothers of Mobao Pay, they have promoted very strongly offline, and the business growth rate of Touronghui wallet has been driven very fast. ”

Hong Haibo did not boast about himself, but boasted about the magic treasure payment.

"The growth rate of the credit payment product business is very good, and what is the asset quality?"

Last year, Touronghui pioneered the offline credit consumption line - Touronghui wallet, which is somewhat similar to "Huabei", but because of the lack of online application scenarios, it cannot be used for e-commerce shopping.

In the past, it could also be used to pay for taxi fares, but because Didi stopped cooperating, the online payment scene was cut off.

The main use scenario is still offline, which can be used in offline supermarkets and convenience stores cooperated by Mobao Pay.

I spent this month, and I accumulated bills to pay it off next month.

Because Huabei has a one-month interest-free period, Ruixiang has also set a one-month interest-free period in order to let more users like and use it.

If you don't pay it off after one month, you can also choose to repay the loan in installments, and interest will be charged on this installment.

Or it is not called interest, it is called installment fee, and the name is not the same as interest.

Leech Financial Service also plays like this, it sounds like it doesn't want interest, but it's actually the same reason.

"Yes, I log in to the background every day to look at the data, and many users have set the investment and financing wallet as the first payment method, followed by the account balance and change.

However, the amount of money in supermarkets and convenience stores is still too small, and some users complain that there are too few usage scenarios.

We have arranged to negotiate cooperation with large supermarkets such as Wal-Mart and Carrefour, as well as home appliance chains such as Gome and Suning.

After the cooperation is negotiated, it is believed that the business of the investment and financing wallet will reach a new level.

The asset quality is still very stable, and it has not collapsed with the increase in the number of credit-granting people and the increase in credit lines, and is still maintained at the line of 0.7%-0.8%. ”

Hong Haibo said confidently that now the five major business groups of the entire group, in terms of business growth, the consumer finance and wealth business group is one of the best.

The content advertising business group is dying, and although it is very large, its business growth has slowed down.

The mobile service business group operates several independent apps, but it has also basically encountered bottlenecks.

The cutting-edge technology business group has been burning money for research and development, and the cloud computing project has been implemented, except for the financial cloud, other revenues are about equal to nothing.

The open technology business group is not bad, and the business growth rate of Mobao Payment, Mung Bean Credit, and Tiance Technology is very fast, so he can still compete with the consumer finance and wealth business group for the first place in business growth.

"This single month has been loaned 1 billion, and by the end of the year, it will have to be at least doubled to 2 billion!

The total amount of loans this year should reach at least 15 billion ~ 18 billion.

The two online small loans have their own funds of 1.8 billion, plus bank loans are only 6.57 billion.

According to the average loan term of 6 months, the funds are rolled twice a year, and 13 billion can be put in if it is dead.

What do you think we should do if we issue an ABS bond?"

Zhang Yida first calculated the accounts, and after obtaining the total amount of annual loans, he asked Dao Hong Haibo.

"Hmm...... I think so. However, this application period is quite long, as if Ahri Micro Loan applied for 5 months before it was approved for issuance.

There are a lot of various audit procedures. If we're going to issue bonds, I think we're going to have to start applying for them pretty much now.

Otherwise, I am afraid that it will be too late, and the business growth rate will be contracted in the second half of the year. ”

Hong Haibo suggested.

"Then go ahead, you take the lead in setting up a bond issuance team and start arranging the relevant matters. ”

It is impossible to slow down the growth rate of the business, and once the speed is reduced, the valuation and financing will not be good.

The huge financing along the way is all based on the rapid growth of the business. If business growth slows, VC expectations will also be significantly lowered.

"By the way, Mr. Zhang, the two names of Touronghui IOU and Touronghui wallet don't feel very catchy.

You can see people's "Huabei" and "Borrow", "Gold Bar" and "White Bar", the names are short and easy to remember, which is easy to enhance the user's brand impression.

I suggest that we also change the brand name to a shorter and easier to remember. ”

Zhang Yida scratched his head and thought, I can't help it! Good names have been preemptively registered.

Could it be called "Indian money"?

"How about calling "Yongbei" and "Loan"?

Hong Haibo smiled and proposed, Zhang Yida looked at him like that, I am afraid that he had already thought about it.

"Whatever you want! Change it if you think it's easy. ”

Zhang Yida lightly recited "use" and "loan" a few times, and felt that it was okay, so he simply let it go.