1. Increase the non-financing guarantee business, making the business of small loan guarantee companies more diversified. In addition to the traditional financing guarantee service, the company can also expand into other fields by providing non-financing guarantee.
2. The financing guarantee business attracts more customers from different industries and fields. It can broaden the customer base of small loan guarantee companies and increase potential business opportunities.
3. Diversified business helps to spread risks and bring more revenue sources to the company. Financing guarantee business will be affected by economic cycle and financial market fluctuation, while non-financing guarantee business can provide more stable income.