Insufficient collateral and lack of own funds. According to the content of the Xiaoxiang Caiyin Loan report meeting, the problems with Xiaoxiang Caiyin Loan are insufficient collateral and lack of own funds. "Xiaoxiang Caiyin Loan" is a government-bank cooperative loan product implemented by the Hunan Provincial and Municipal Finance Bureau to alleviate the financing problems of small and micro enterprises and implement a credit risk compensation mechanism.