In daily life, when individuals or companies apply for loans from banks, we will need to find a middleman. In this way, the guarantee company came into being. Bian Xiao will briefly explain to you how the guarantee company operates: the guarantee company will ask the borrower to submit materials that can prove his qualifications according to the requirements given by the bank, and the guarantee company will first review it and submit it to the bank after it is approved. The bank will re-examine it. If there is no problem, then the bank will lend the money to the borrower. Of course, the guarantee company does not provide this service for free, and will charge a certain fee. After explaining how the guarantee company works, let's take a look at what conditions need to be met to set up a guarantee company. In fact, the establishment of a guarantee company must meet the following seven conditions: first, if you want to set up a company, the name is of course essential. A guarantee company shall have its own name and corresponding organization. Two, the guarantee company should also have its own fixed office space, to provide services for the borrower. Three, the establishment of a guarantee company, there must be no less than10 million yuan of funds actually invested in the enterprise. Four, the establishment of a guarantee company also needs a set of idle houses as business needs, or as a necessary house for residents to move. Five, the establishment of a guarantee company needs someone to carry out detailed and unified management, otherwise it is easy to go wrong. Six, the establishment of a guarantee company requires a company's articles of association, and the articles of association shall comply with the relevant provisions of the Company Law. 7. Abide by other laws and regulations. It should be noted that lenders are not allowed to own shares in the guarantee company, including bank staff, and are not allowed to work part-time in the guarantee company. This is to avoid collusion between the insiders of the guarantee company and the bank staff, and sometimes cheat the borrower. Therefore, in order to avoid this situation, some internal supervision institutions should be set up to supervise the work of internal personnel.
Legal objectivity:
Article 6 of the Company Law of People's Republic of China (PRC) shall apply to the company registration authority for registration of establishment according to law. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company. Where laws and administrative regulations stipulate that the establishment of a company must be approved, the approval procedures shall be handled according to law before the company is registered. The public may apply to the company registration authority to inquire about the registered items of the company, and the company registration authority shall provide inquiry services.