There are three differences between loans and discount loans:

First of all, they have different meanings:

1. The meaning of loan: loan is a form of credit activity that banks or other financial institutions lend monetary funds at a certain interest rate and must return them. Loans in a broad sense refer to loans, discounts, overdrafts and other loans.

2. The meaning of interest-subsidized loans: interest-subsidized loans refer to special bank loans subsidized by the state or banks for specific purposes.

Second, their roles are different:

1, it is necessary to supplement the monetary funds in production and loans to promote economic development. At the same time, banks can also obtain interest income from loans and increase their own

2. The role of discount loan: discount loan is a kind of preferential loan to encourage the construction of a cause or project. The loan interest can be fully subsidized or partially subsidized. Generally speaking, the principle of who arranges and subsidizes the loan spread is implemented. The subsidized loans arranged by the state are subsidized by the central government; Low-interest loans approved by the People's Bank of China are subsidized by the People's Bank of China; Specialized banks are responsible for low-interest loans.

Third,

1, loan application process:

(1) accepted. Application conditions, term, interest rate, default treatment and various expenses that need to be borne by the borrower. The person in charge mediates the customer's loan, and makes a preliminary examination of the borrower's loan conditions, qualifications and application materials.

(2) investigation. According to relevant regulations, investigators take reasonable measures to submit materials to customers, which are true, true in strength and willingness to repay.

(3) approval. The authorized approver will finally approve and determine the comprehensive grant period of the customer according to the customer's credit rating, mortgage, pledge and guarantee.

(4) distribution. After the loan conditions are implemented. According to the demand for funds, customers can apply to the bank for withdrawal quota at any time.

(5) Post-loan management. The loan bank shall, in accordance with the relevant provisions of loan management, supervise and inspect the income status, loan purposes, changes in collateral value and performance status of borrowers and guarantors, and the inspection results shall be recorded in writing and filed. Supervise the guarantee or credit of the guarantor or borrower, and ask the borrower and guarantor to provide help.

(6) Loan recovery. According to the repayment plan and repayment date agreed by the borrower and the borrower in the contract, the loan bank deducts it from the agreed repayment account. The borrower can also repay the loan at the business outlets of the loan bank.

2. Discount loan application process:

(1) Voluntary application. Eligible applicants submit written applications (some of which can be directly submitted to local human resources and social security departments or guarantee institutions) to the grassroots employment platform where their household registration is located or where they operate, and submit relevant materials, certificates or related certificates.

(2) Review and recommend. The human resources and social security departments conduct qualification examination, and those who pass the examination are recommended to guarantee institutions. A guarantee institution refers to a guarantee institution entrusted to operate a guarantee fund in accordance with relevant regulations.

(3) Commitment. The guarantee institution shall review the applicant's projects in accordance with the relevant provisions, and handle the guarantee procedures for those who meet the conditions.

(4) issuing loans. The loan applicant promised by the guarantee institution shall, after being examined and approved by the handling bank in accordance with relevant regulations, sign a contract and issue loans. The handling bank refers to all kinds of financial institutions at all levels that have signed cooperation agreements with guarantee institutions to carry out small-sum secured loan business.