Legal analysis: as a lender, individual industrial and commercial households or companies can't and can't cancel their business licenses as long as they apply for loans and the company's equity or assets have been pledged before your loans are paid off.

Legal basis: Detailed Rules for the Implementation of the Regulations on the Administration of Registration of Enterprise Legal Persons in People's Republic of China (PRC) Article 45 An enterprise legal person shall submit the following documents and certificates when applying for cancellation of registration in accordance with Article 20 of the Regulations:

(1) An application for cancellation of registration signed by the legal representative;

(two) the approval documents of the original competent department;

(3) A document issued by the competent department or a liquidation organization responsible for clearing creditor's rights and debts or a certificate that the debts have been cleared.