Bank loan, the bank is an institution, and the borrower can be an institution or an individual, so it should be called institution-to-institution or individual loan.
There is a big difference between the two. However, at present, many online lending platforms borrow some loan rules and terms from banks for convenience or just to confuse people.
If you want to borrow money, whether the other party is an institution or an individual, an entity or an online platform, the key is to look at the loan conditions and loan procedures.