The modes of debt financing include pledge financing, equity transfer financing, loan financing, etc.; or it can also be divided into five types: bank loan financing, corporate bond financing, financial lease financing, credit guarantee financing, and private lending financing.

According to the law, if fund shares or equity are pledged in accordance with Article 443 of the Civil Code, the right to pledge is established when the pledge is registered.

After the fund shares and equity are pledged, they may not be transferred, except with the agreement between the pledger and the pledgee.

The price received by the pledger from the transfer of fund shares or equity shall be paid off the debt in advance or deposited with the pledgee.

Article 137 of the Company Law of the People's Republic of China: Shares held by shareholders may be transferred in accordance with the law.

Article 1 of the "Regulations of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases" refers to the act of financing between natural persons, legal entities and unincorporated organizations.

This provision does not apply to disputes arising from the granting of loans and other related financial services to financial institutions and their branches established with the approval of the financial regulatory authorities to engage in loan business.