Credit refers to the funds directly provided by commercial banks to customers of non-financial institutions, or the guarantee of compensation and payment liabilities that may occur to customers in related economic activities, including on-balance-sheet businesses such as loans, trade financing, bill financing, financial leasing, overdraft and various advances, as well as bill acceptance, letter of credit opening, letter of guarantee, standby letter of credit, letter of credit confirmation, bond issuance guarantee, loan guarantee, sale of assets with recourse and non-use.

Lending refers to lending that relies entirely on the borrower's credit without providing collateral. Credit lending can enable borrowers to obtain additional capital and promote the expansion of production and circulation scale, so credit lending is a kind of capital lending. This is a form of bank loan. The trend of issuing credit loans