Corporate loans: also known as loans to large and medium-sized enterprises and group customers, especially large companies with group headquarters or listed companies, can provide consolidated financial statements to banks. For such customers, the financial statements of a single borrower cannot accurately reflect the credit risk, and banks mainly evaluate the solvency, debt level and profitability of the whole group. Large and medium-sized enterprises will also give priority to the use of consolidated financial statements when developing internal rating models of banks. Of course, we can also see many problems in this report, such as which enterprises are the cash cows in the group, a lot of funds will be occupied by the parent company, and which companies borrow funds from the group company. So we say that 80% of the knowledge of consolidated financial statements is in the notes to the financial statements.

Project financing: The most common loans are real estate development loans and capital construction loans, and financial leasing companies can also fall into this category. Project financing loan has two obvious characteristics. The first is "self-repayment", that is, the source of loan repayment comes from long-term assets (real estate, factory buildings, equipment) formed after loan investment; The second is "controllability", that is, banks can effectively control the project assets through mortgage and pledge procedures. For this kind of loans, banks tend to use their own statements in credit review, because project financing needs to analyze factors such as total project investment, proportion of self-owned funds in place, project funding gap, sales rebate, shareholder loans, etc., all of which need to be read through their own statements. In addition, the bank will require the project appraisers to prepare a total investment estimation table, a fund source composition table, a sales forecast table and a cash flow forecast table, and conduct scenario analysis (optimistic and pessimistic sales). These forms are more useful than the report of this department.

SME loan: Each bank has a different definition of SME, but the basic principle is similar. Such customers are small in scale and basically have no consolidated statements. Such customers can only provide local reports. In the internal rating model of banks, the weights of collateral, bank flow, tax returns and the credit status of actual controllers of such enterprises will be higher, and the report of this department is only an auxiliary means to evaluate the operation of an enterprise. Frankly speaking, loan officers basically don't read the financial statements of SMEs. In order to borrow money from the bank, it has the motivation to beautify and package financial statements, and the credibility is too low. The income on the tax return can account for 50% of the sales income of financial statements, which is already a conscience enterprise. At this time, the emphasis is on cross-contrast. Limited by experience, SME has read less and is still waiting for experts to answer this question.