• Corporate Loans
• Retail Loans

Key Differences:

• Borrower: Corporate loans are taken by companies or corporations, whereas retail loans are taken by individual consumers.
• Purpose: Corporate loans are primarily used for business-related purposes, such as investments, expansion, or working capital management. Retail loans are used for personal or household expenses.
• Loan Amount: Corporate loans tend to involve larger loan amounts compared to retail loans. Corporate loans can range from thousands to millions or even billions of dollars, depending on the size and needs of the business. Retail loans usually involve smaller loan amounts, tailored to the individual's needs.
• Documentation and Requirements: Corporate loans often require extensive documentation, financial statements, business plans, and collateral (in the case of secured loans). Retail loans typically have simpler documentation requirements, often based on the individual's income, credit history, and personal identification.
• Interest Rates: Interest rates for corporate loans can vary widely based on factors like the creditworthiness of the business, economic conditions, and market rates. Retail loans often have standardized interest rates set by the lender based on factors like the borrower's credit score, loan type, and prevailing market conditions.
• Repayment Terms: Corporate loans may have longer repayment terms, ranging from several years to decades, depending on the purpose and nature of the loan. Retail loans generally have shorter repayment terms, typically ranging from a few months to several years.