Personal business loans refer to loans applied by self-employed individuals for personal business. The borrower must provide a guarantee. If the borrower fails to repay the principal and interest of the loan at maturity, the lender has the right to dispose of its collateral or pledge according to law, or the guarantor shall be jointly and severally liable for repaying the principal and interest.

The application of personal business loan needs to meet the conditions of personal business loan, and the requirements for the applicant's own conditions are relatively high, such as reputation, financial management, personal assets, business projects, debt repayment sources and so on.

2. Commercial loans

Operating loan refers to a way for enterprises to borrow money from banks or other financial institutions according to the prescribed interest rate and term for production and operation. Operating loans are mainly used for large-scale long-term investments such as the purchase and construction of fixed assets and technical transformation.

There are many kinds of business loans, including: working capital loans, fixed assets loans, credit loans, secured loans, stock pledge loans, foreign exchange pledge loans, unit time pledge loans, gold pledge loans, syndicated loans, bank acceptance bills, bank acceptance bills discounting, commercial acceptance bills discounting, interest-bearing bills discounted by buyers or agreements, domestic recourse factoring, and export tax rebate account custody loans.

Commercial loans have higher requirements for the company itself, such as cash flow, assets, existing liabilities, income, net profit, solvency, overdue loans from the People's Bank of China, and good credit.