The role of the formal guarantee company in the contract is the guarantor, and the debt relationship between the borrower and the lender will not disappear because of the disappearance of the guarantor, that is, even if the guarantee company runs away. Debt relationship still exists.
Second, justice-executive power;
It is best to have a notarial certificate from the notary office for each contribution. Let our rights be further strengthened. Notarial certificate can make our loan contract enforceable, and we don't have to be silent lambs.
Third, reserves.
The Interim Measures for the Administration of Financing Guarantee Companies for Small and Medium-sized Enterprises issued on March 8th, 20th/KLOC-0 is a great boon to all guarantee companies and wealth management customers who are in regular operation! The most important one is to require all guarantee companies to have a certain proportion of "compensation reserve" in the designated bank account as the final guarantee of compensation. In other words, the guarantee company will no longer be unconstrained, but will have legal and economic constraints to guide the legal and benign development of the guarantee company and ensure the financial security of wealth management customers.