Alipay is playing an increasingly important role in people's lives, and its functions are becoming more and more powerful. In addition to paying by installments with ant flowers, you can also borrow money from banks and online merchants. Many people ask Alipay online merchants how long the bank loan period is. Next, let's tell you. The loan term refers to the period from the time when the lender issues the loan to the borrower to the time when the loan is recovered. It is the time limit for the borrower to actually use the loan. According to the length of the loan period, loans can be divided into short-term loans and medium-and long-term loans. (1) and short-term loans with a term of 1 year or 1 year are characterized by short term, low risk and low expected annualized interest rate. They are usually issued in the form of "loans", which are mainly used to meet the needs of borrowers for short-term funds. (2) The term of medium and long-term loans is greater than 1 year, which is characterized by long term, high expected annualized interest rate, poor liquidity and high risk. The bank loan period of Alipay online merchants is the same as that of ant borrowing, and the longest loan can be one year. You can choose half a year or a year.