What is a lending company?

Loan companies, also called credit companies, are engaged in private capital operation business and provide short-term loans to small and medium-sized enterprises and individuals with relatively difficult financing, but the interest and comprehensive expenses are high. This is different from traditional "usury". The customers of general loan companies are abandoned children of banks, and high interest rates are accompanied by high risks. It is easy for people to see its huge profits, but it is easy to ignore its high risks. It is misunderstood that this industry has no humanity. Actually, it is not. Loan companies have played a very positive role in the operation of enterprises, especially small and medium-sized enterprises, during the transition period.