What is BridgeEasy Loan? BridgeEasy Loan Review, Features

Qiaoyidai is an offshore financing product designed by Hong Kong Qiaobitao Co., Ltd. specifically for domestic cross-border e-commerce companies. Its goal is to provide fast and high-quality funds to help them improve their capital efficiency and 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 risks.

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 repayment 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.