First digital‑finance loan granted in Feixian under optimized business‑environment drive

Under the Welcome to Linyi: worry‑free services business‑environment‑optimization campaign, Feixian County has issued its very first “digital‑finance loan”. The new financial product uses big‑data evaluation to cut financing costs and simplify lending procedures for local micro, small‑and‑medium‑sized enterprises.

Relying on government‑enterprise data sharing platforms, banks and local administrative authorities carry out credit evaluation via enterprise operating data, tax records and social‑security information, replacing traditional heavy‑weight offline material submission. Eligible market entities can finish application, review and fund disbursement largely online.

The first digital‑finance loan effectively solved short‑term capital turnover pressure for a local small‑scale enterprise. Feixian will further expand the coverage of digital‑financial products, helping more market‑oriented entities ease financing difficulties and high‑financing‑cost pain points.

Editor：韩蒙蒙