Of course, the guarantee company only helps you pack the materials, but it follows the bank's process and there is no charge in the early stage. You can call me if necessary.
Second, individuals seek loans from guarantee companies.
Legal analysis: Guarantee companies can guarantee personal loans to banks. When an individual or enterprise borrows money from a bank, in order to reduce the risk, the bank does not lend money directly to the individual, but requires the borrower to find a third party (guarantee company or qualified individual) to guarantee. According to the requirements of the bank, the guarantee company will require the borrower to issue relevant qualification certificates for review, and then submit the audited materials to the bank, which will lend money after review, and the guarantee company will charge corresponding service fees.
Yes, the guarantee company itself is engaged in the guarantee business. It's just that the guarantee company will charge the individual a guarantee fee. Guarantee companies can provide guarantees for individuals, collectives and enterprises to borrow from banks, which is an indispensable business of guarantee companies.
Legal basis: Civil Code of People's Republic of China (PRC).
Article 386 Where the debtor fails to perform the due debt or the parties agree to realize the security interest, the holder of the security interest shall have the priority to be compensated for the secured property according to law, except as otherwise provided by law.
Article 387 Where a creditor needs security in order to ensure the realization of his creditor's rights in civil activities such as lending, buying and selling, he may establish a security interest in accordance with the provisions of this Law and other laws.
If a third party provides a guarantee for the debtor to the creditor, it may require the debtor to provide a counter-guarantee. The provisions of this law and other laws shall apply to counter-guarantee.
Is it legal for a company to lend money to another company?
It is legal for one company to lend money to another. When a company goes to a bank for a loan, the bank requires the company to have collateral and a guarantor. According to the law, when the company's loan is not paid, the bank requires the company to perform joint and several liabilities as a guarantor, return the principal and interest of the bank loan for the lender, and perform the guarantee responsibility. Therefore, it is legal for one company to lend money to another.
4. Can the guarantee company lend money directly?
Then it's not lending. That's playing. Lend you their own money. They will know everything about you. Decide how much money I can lend you according to your situation. Of course, this interest rate will definitely be much higher than that of banks. And once there is no, it will be quite troublesome. So you have to think about it.