Legal analysis: it is legal for individuals to borrow money from companies. When a company borrows money from an individual, it generally needs to meet the conditions in the company's articles of association and obtain the consent of the shareholders' meeting or the shareholders' meeting. According to the regulations, the term "private lending" as mentioned in these Provisions refers to the financing behavior between natural persons, legal persons and unincorporated organizations.
Legal basis: Article 667 of the Civil Code is a loan contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.
Article 668 of the Civil Code provides that a loan contract shall be in written form, unless otherwise agreed between natural persons.
The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.