Bank and trade credit quite similar concept, however, and they have many differences. Bank loans is recognized loan issued by a person or entity in certain conditions, with mandatory return. By maturity of bank loans are divided into: short, medium and long term, to provide equipment for: occasional and limited (in the form of overdraft or line of credit), and ways to ensure that: mortgage and unsecured loans; in the form of: cash and noncash, of the target destination: mortgage, consumer, education, auto loans and loans for businesses. Different definition has a commercial loan - a loan provided by one entity to another. On the basis of the Civil Code, its species are recognized: the advance delay of payment, prepayment, etc. Commercial bank loans and issued by mutual agreement of the parties.
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