There are two distinct types of loadbinders: ratchet binders and lever binders.
- Lever loadbinders are tightened using a simple lever, with a tension hook on each end. They require the person installing the binder to apply a fair amount of force in order to tighten and secure the chain properly.
- Ratchet loadbinders have two tension hooks on each end and a handle that serves as a lever. These loadbinders require much less pulling force than lever loadbinders.