There is no need to pay stamp duty for the following loan contracts: First, the loan contracts signed by financial institutions and small and micro enterprises are exempt from stamp duty. Second, the loan contract signed between the enterprise and non-financial institutions such as small loan companies does not need decals because the subject matter of the contract does not belong to financial institutions. Third, loan contracts with enterprises and individuals, including unified loan contracts between enterprises, do not need decals because the contract objects do not belong to financial institutions. Fourth, the loan extension contract signed with financial institutions. Fifth, the entrusted loan contract signed with financial institutions. Sixth, credit contracts or line agreements signed with financial institutions. Seventh, the revolving loan within the limit, the revolving loan contract signed by the borrower and the borrower shall be sealed at 0.05‰ of the maximum loan limit stipulated in the contract, and the revolving loan within the limit does not need to be sealed. Eighth, the discount agreement with financial institutions does not belong to the loan contract and does not need decals. Ninth, letter of credit negotiation, although financing, does not belong to the scope of stamp duty and does not need decals. Tenth, factoring contract, factoring is the business of transferring accounts receivable to a factor (such as a bank) to obtain funds in advance, which some banks call "commercial invoice discount". Although it has the nature of financing, it is not a loan contract and does not need decals.