1, different concepts.
Bill discount is the discount of bills receivable and bills payable. A way for enterprises to raise funds. Before the bill receivable expires, the enterprise will endorse the bill and submit it to the bank for discount. The bank pays the balance of the maturity value of bills to the enterprise after deducting the interest (discount) from the discount date to the maturity date calculated according to the discount rate, which is called bill receivable discount.
Bank loan refers to an economic behavior that banks lend funds to people in need of funds at a certain interest rate according to national policies and return them within the agreed time limit. Generally, you need a guarantee, a house mortgage, proof of income and good personal credit information before you can apply.
2. The use of funds is different.
After the bill is discounted, the holder has the complete right to use the funds, and can use the discounted funds according to his own needs without any restrictions from the discount bank and discount company.
But when borrowers use loans, the situation is different. He is inspected, supervised and controlled by the lending bank. The purpose is to see whether the use of your loan funds is effective, because the use of your loan funds is directly related to whether the bank can recover the loan well.
3. Interest collection time is different.
The discount interest in the discount business is obtained when the business occurs, that is, it is deducted from the denomination of the bank acceptance bill, and the discount interest is deducted in advance. The loan is charged with interest afterwards, and it can be recovered together with the principal at maturity, or it can be charged with interest regularly according to the contract.
4. Different debtors
The debtor of a bill is the drawer, which is different from the debtor of a loan. The debtor of the loan is the person who applies for the loan, and the bank directly has a debt relationship with the borrower. The debtor of the bill is not the applicant for discount, but the drawer. Although sometimes when an enterprise handles a bank acceptance bill, the bank will ask the drawer to find a guarantor to guarantee repayment, it is simpler than the related party of the loan business.