Current location - Loan Platform Complete Network - Loan intermediary - The difference between micro-credit and micro-loan
The difference between micro-credit and micro-loan
In order to solve people's daily needs for small funds, many lending institutions have launched small loans. However, the micro-loans mentioned here are divided into credit micro-loans and traditional bank micro-loans according to the different clients and application conditions. So, what's the difference between microfinance and microfinance? 1. Small loans from different customers are mainly issued for specific high-quality stock customer groups of banks; The traditional bank micro-loans are mainly for individual industrial and commercial households, small workshops and small owners.

2. Small loans with different application conditions are loans obtained by borrowers with personal credit loans, so lending institutions have higher credit requirements for borrowers; When borrowers apply for small loans, they can apply in various ways such as guarantee, mortgage and pledge.