a loan account is a special account opened by an enterprise in a bank for loans, also called a loan account.

after an enterprise opens a loan account in a bank, it can be used to handle the accounting procedures for issuing and recovering loans in the bank.

it ensures the smooth progress of various loan businesses, correctly reflects the use of credit funds, supervises the reasonable issuance and timely recovery of loans, and provides correct data for assessing the implementation of policies and credit plans.