Loans are all through banks. Why are there so many guarantee companies? What are the advantages of lending through intermediate links?

The guarantee company has to work for others after receiving the money. After all, banks are strictly controlled by the state, and it is more convenient for banks to do it themselves. It is still a bit difficult for private enterprises to lend money. Therefore, in the middle, a guarantee company was born to help, banks increased lending, and private enterprises lent, which was the best of both worlds.