The shareholders' meeting authorized the chairman to borrow money from the bank. According to relevant information, the chairman belongs to the shareholders of the company, and there is a lending relationship between shareholders and banks, as well as between shareholders, the chairman and the company. That is, the company repays the shareholders, and the chairman is authorized to borrow money from the bank in the name of the company's shareholders, so the credit granting process is simpler and the lending speed is faster.