What is the significance of commercial loans? First of all, we should know that commercial loans are divided into personal commercial loans and corporate commercial loans. Here, we will introduce personal commercial loans and corporate commercial loans in detail.

1, personal business loan

Personal business loan is a loan for business operation obtained by mortgage of the property of an enterprise legal person or shareholder. This kind of loan is similar to SME loan to some extent, and its business management is more complicated.

Therefore, banks generally only choose the operating institutions of personal loans from branches with good economic environment, great market potential, high management level, good asset quality and low personal loan non-performing rate.

2. Business loans

Enterprise commercial loan is a financing product that serves small and medium-sized enterprises, micro-enterprises and private owners. It helps borrowers to finance and has the advantages of short loan approval time and flexible repayment. The so-called operating loan is a loan issued by a bank to an enterprise as a legal person for operating the company's turnover.

The service targets are mainly small and medium-sized enterprises that temporarily fail to meet the bank loan access standards due to factors such as irregular financial management and substandard credit rating, but are in good operating condition.