Loan consumption is actually a kind of advanced consumption, and loan funds can be applied to many fields, but there are strict conditions for their own use in bank loans. As for bank loans, there are long-term loans and short-term loans in terms of term. Among them, short-term loans are generally within one year, mostly small loans. Short-term loans account for a large proportion of bank loans, so what are the benefits of short-term loans?

First, the benefits to borrowers Short-term loans are generally small loans, and applying for such loans is also beneficial to borrowers. First, short-term loan application is relatively simple. After the borrower provides information, the loan funds can be obtained after approval. Among them, the review is also relatively fast, such as credit cards, which are also short-term small loans, and the application is very simple. Second, short-term loans need less guarantees, and respondents can avoid looking for third-party guarantees.

Second, short-term loans have many benefits for lenders. Generally speaking, lenders are banks or financial companies. The risk of short-term loans is relatively low. As can be seen from the proportion of non-performing loans of banks, most of them are bad conditions of long-term loans. Short-term loan funds are less, the cycle is short, and the risk is naturally smaller. In addition, short-term loans are very beneficial to the interests of banks. There is a principle for banks to lend abroad, that is, the principle of liquidity. In other words, the bank's funds should be liquid, and the initial liquidity can be different capital turnover, so as to obtain interest income quickly. The lent money will be recovered soon, and then the next loan can be made.

In addition, I posted short-term loans I know: micro-loan bus, constant small loan, Ping An Pratt & Whitney, Kung Fu loan, etc. I hope my answer can help you even a little, thank you!