The guarantee company will deposit a certain margin in the bank and enlarge the credit according to the proportion agreed with the bank. For example, if it is enlarged by 50 times, the deposit of 6,543,800,000 yuan of the guarantee company can be loaned by 50,000,000 yuan in the bank.
Banks do not lend money to individuals, but through guarantee companies. If an individual fails to repay the loan after borrowing from the guarantee company, the bank will first deduct the deposit of the guarantee company in the bank to the repayment account, and then the guarantee company and the bank will jointly be responsible for the collection.
It can be said that the guarantee company is the contact between individuals and banks, insurance and other related loan departments.
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The guarantee company will deposit a certain margin in the bank and enlarge the credit according to the proportion agreed with the bank. For example, if it is enlarged by 50 times, the deposit of 6,543,800,000 yuan of the guarantee company can be loaned by 50,000,000 yuan in the bank.
Banks do not lend money to individuals, but through guarantee companies. If an individual fails to repay the loan after borrowing from the guarantee company, the bank will first deduct the deposit of the guarantee company in the bank to the repayment account, and then the guarantee company and the bank will jointly be responsible for the collection.
It can be said that the guarantee company is the contact between individuals and banks, insurance and other related loan departments.
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The guarantee company will deposit a certain margin in the bank and enlarge the credit according to the proportion agreed with the bank. For example, if it is enlarged by 50 times, the deposit of 6,543,800,000 yuan of the guarantee company can be loaned by 50,000,000 yuan in the bank.
Banks do not lend money to individuals, but through guarantee companies. If an individual fails to repay the loan after borrowing from the guarantee company, the bank will first deduct the deposit of the guarantee company in the bank to the repayment account, and then the guarantee company and the bank will jointly be responsible for the collection.
It can be said that the guarantee company is the contact between individuals and banks, insurance and other related loan departments.
-
The guarantee company will deposit a certain margin in the bank and enlarge the credit according to the proportion agreed with the bank. For example, if it is enlarged by 50 times, the deposit of 6,543,800,000 yuan of the guarantee company can be loaned by 50,000,000 yuan in the bank.
Banks do not lend money to individuals, but through guarantee companies. If an individual fails to repay the loan in the guarantee company, the bank will first deduct the deposit of the guarantee company in the bank to the repayment account, and then the guarantee company and the bank will jointly be responsible for the collection.
It can be said that the guarantee company is the contact between individuals and banks, insurance and other related loan departments.
The biggest risk of a guarantee company is that the loan company or enterprise it guarantees cannot repay the bank loan. Usually, the guaranteed company will provide counter-guarantee to the guarantee company. For example: machinery, equipment, factories, real estate or land, etc.