Legal analysis: 1. A lender refers to a person or financial institution that uses credit funds or its own funds to issue loans to borrowers in lending activities, generally referring to commercial banks and central banks.

2. Borrowers refer to enterprises, institutions or individuals that borrow monetary funds from the lender with their own credit or property as guarantee, or with a third party as guarantee in credit activities.

Legal basis: "The People's Republic of China and the Civil Code"

Article 667: The loan contract means that the borrower borrows money from the lender, and returns the loan and pays when due interest contract.

Article 668: A loan contract shall be in written form, unless otherwise agreed upon for a loan between natural persons. The content of a loan contract generally includes terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.

Article 669: When entering into a loan contract, the borrower shall provide the true situation of business activities and financial status related to the loan as required by the lender.

Article 670: Interest on borrowings shall not be deducted from the principal in advance. If interest is deducted from the principal in advance, the loan shall be returned and interest calculated based on the actual borrowed amount.