Legal analysis: 1. The applicant initiates a loan application to the lending institution and provides relevant materials. After the application materials of the borrower are reviewed by the bank and the internal audit of the bank, the two parties sign a loan-related agreement, and the borrower opens a loan account with the lending institution, withdraws the loan, repays the financing, and repays the loan according to the contract.

Legal basis: Article 11 of the Interim Measures for Personal Loans in People's Republic of China (PRC) shall meet the following conditions: (1) The borrower is a People's Republic of China (PRC) citizen with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state; (2) The purpose of the loan is clear and legal; (3) The amount, duration and currency of the loan application are reasonable; (4) The borrower has the willingness and ability to repay; (5) The borrower's credit status is good and there is no significant bad credit record; (6) Lenders.