1. resource advantages: private guarantee companies have strong financial strength, resource channels and policy support, which can better support the financing needs of SMEs, while domestic guarantee companies have a single resource channel, which is not easy to meet the financing requirements of SMEs.
2. Institutional advantages: As a private enterprise, the mechanism is flexible. Compared with other types of enterprises such as state-owned enterprises and foreign-funded enterprises, it has certain flexibility in terms of the difficulty of handling affairs, the space for solving problems, and the approval procedures. The guarantee system of state-owned enterprises is cumbersome and complicated, which is not as flexible as that of private enterprises.