Heng Chang loan is a small loan, and a small loan company is a limited liability company or a joint stock limited company established by natural persons, enterprise legal persons and other social organizations, which does not absorb public deposits and operates small loan business.

Bank loan refers to (1) an economic behavior in which banks lend funds to people in need at a certain interest rate according to national policies and return them within the agreed time limit.

(2) The types of loans classified according to various standards are also different in different countries and different development periods of a country. For example, industrial and commercial loans in the United States mainly include ordinary loan limits, working capital loans, standby loan commitments, and project loans. In Britain, industrial and commercial loans mostly take the form of discounted bills, credit accounts and overdraft accounts.