Consumer finance companies are mainly low-and middle-income residents working in cities, and have not opened the financing door to small and medium-sized enterprises and agriculture-related enterprises.

2. The loan scope is different

Compared with consumer finance companies, microfinance companies that have been established in many provinces and cities seem to have a wider loan scope. It is understood that the loan targets of microfinance companies are concentrated in producers and operators engaged in planting (such as vegetable greenhouses), aquaculture, forestry and fruit industry, agricultural and sideline products processing (such as deep processing of corn and preserved fruits) and rural circulation (such as logistics and transportation).

2. The establishment mechanism is different.

Microfinance companies are limited liability companies or joint stock limited companies established by natural persons, corporate legal persons and other social organizations that do not absorb public deposits and operate microfinance business. The operating mechanism of microfinance companies is different from that of commercial banks and rural credit cooperatives.

The registered capital of a small loan company is all paid-in monetary capital, which shall be fully paid by the investor or promoter at one time. Do not raise funds internally and externally, and do not absorb public deposits in any form. The registered capital of a limited liability company is not less than 5 million yuan, and the registered capital of a joint stock limited company is not less than 6.5438+million yuan.

The shares held by individual natural persons, corporate legal persons, other social organizations and their related parties shall not exceed 65,438+00% of the total registered capital of microfinance companies, which are all lower than those of consumer finance companies.

Baidu encyclopedia-consumer finance company