Core Viewpoint - The article introduces the "Credit Quick Loan" service offered by the Construction Bank, highlighting its features such as no collateral, no guarantee, and a maximum loan amount of 5 million yuan, aimed at small and micro enterprises [2]. Group 1: Authorization Process - To initiate the loan application, the legal representative of the enterprise must hold a shareholders' meeting to authorize the representative for loan application and contract signing [4]. - After a successful shareholders' meeting, the representative can access the "My Enterprise" section, click the "Authorization" button, verify the actual controller's information, and sign the authorization letter to complete the authorization [5]. - If other shareholders need to represent the enterprise for loan applications, they can do so by visiting a physical branch [6]. Group 2: Application Process - Once authorization is successful, the representative can click "Apply Now" to enter the loan application process, where they can input the desired loan amount, select repayment methods and loan terms, and submit the application [7]. Group 3: Increasing Loan Amount - If the displayed loan amount is unsatisfactory, the representative can click the "Request Increase" button, select the type of increase, and provide the necessary information to potentially receive a higher loan amount [9]. Group 4: Signing Process - After confirming the loan application information, the representative must read the loan contract, click "Sign and Apply," complete the notarization process, and perform facial recognition to finalize the loan application [12]. Group 5: Additional Support - The article encourages users to consult the intelligent credit advisor for guidance during key business processes and mentions that more product handling videos are available in the online "Hui Keting" [14].

Core Viewpoint - A price war for business loans among banks targeting small and micro enterprises has emerged following tightened regulations on consumer loans, with many banks lowering interest rates to below 3% [1][8]. Group 1: Business Loan Interest Rates - Several banks, including state-owned and joint-stock banks, have reduced business loan interest rates to below 3%, while some smaller banks struggle to keep up [1][8]. - The interest rate for the "Business Loan" product from China Merchants Bank is as low as 2.68%, with a maximum loan amount of 20 million yuan [3][6]. - The approval process for business loans has improved, with some banks reducing the approval time for loans under 1 million yuan to as little as 3 working days [6][12]. Group 2: Market Competition and Disparities - The competition in the business loan market has intensified, with significant interest rate disparities among banks, particularly between large state-owned banks and smaller regional banks [8][9]. - Some regional banks in the northeastern part of China have interest rates above 4%, while banks in the southeastern coastal regions offer rates below 2.5% due to a more favorable credit environment [8][9]. - The use of big data models for risk assessment has led to a more uniform interest rate for similar clients, but it has also given rise to issues with intermediaries manipulating client information to secure better loan terms [9][10]. Group 3: Commercial Logic Behind Low Rates - Banks are promoting low-interest business loans as a strategy to attract creditworthy clients, which can lead to additional revenue from services like payroll and wealth management [11][12]. - Despite the decline in business loan interest rates, the actual loan disbursement may not meet expectations due to increased difficulty in acquiring quality small and micro clients [12]. - Future trends may see further segmentation in the business loan market, with more specialized products tailored to specific industries and scenarios [12].