1. Definition of guarantee company:
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 provide credit guarantee for it.
2. Business scope of the guarantee company:
Providing loans, financial leasing and other economic contracts for small and medium-sized enterprises; Personal consumption loan guarantee, personal commercial loan guarantee, automobile consumption credit guarantee, project investment, financing management, etc.