The AliExpress platform generally conducts a true assessment of a merchant’s credit and operating conditions. The assessment content mainly includes the store’s operating time, dispute rate, refund rate, etc. Based on the above conditions, it can be evaluated whether the merchant meets the requirements for advance loans. So what is AliExpress loan early collection business? This will be introduced in detail below.
If the merchant meets the loan requirements, the AliExpress platform will usually make an advance loan within three to five days after delivery. At this time, the merchant can collect the payment, but under normal circumstances, the amount of the advance loan is not all The platform needs to freeze part of the advance loan amount as the merchant’s loan deposit. This is AliExpress’s loan advance collection business.
The main purpose of the merchant’s freezing deposit is that if there is a problem with the refund of the pre-return order, or the buyer has no reason to refund, or the buyer wants to refund due to the seller’s reasons, the AliExpress platform can directly The amount will be deducted from the merchant’s payment account and AliExpress account. In addition, when the payment amount is insufficient, it can also be deducted from the pre-loan deposit.
In addition, after the foreign trade merchant withdraws from the AliExpress account or the account is liquidated, the AliExpress platform will generally release the funds within 180 days after the order is shipped before the account is closed. If the merchant is evaluated by the platform as a seller that does not meet the requirements, the platform will refund the deposit within six months after notifying the cancellation of the advance loan.
In addition, the early loan business of loans generally does not support independent application by merchants. The platform system will evaluate based on the merchant’s comprehensive indicators and other algorithms, and early loan can be opened for merchant accounts that meet the requirements. After merchants join early lending, they can check the margin on the “Early Loan Margin Inquiry Page” of “Capital Account Management” in the AliExpress backend.
So far, the above content has given a detailed introduction to AliExpress’s loan early collection business. In addition to selecting products when operating a store, foreign trade merchants also need to actively pay attention to the platform’s lending rules. Since cross-border e-commerce generally requires international logistics, it takes a long time. After foreign trade merchants understand the platform’s lending rules in detail, they can better improve the store’s payment collection efficiency and capital turnover.