Can companies guarantee individuals in private lending?

Legal analysis: companies can provide guarantees for individuals in private lending, and the guarantors mainly include: (1) wholly-owned enterprises and partnerships registered and obtained business licenses according to law; (2) An affiliated enterprise registered to obtain a business license according to law; (3) A Chinese-foreign contractual joint venture that has registered and obtained a business license according to law; (four) social organizations approved and registered by the civil affairs department; (5) township, street and village-run enterprises that have been approved and registered to obtain business licenses.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 388 To establish a security interest, a security contract shall be concluded in accordance with the provisions of this Law and other laws. Guarantee contracts include mortgage contracts, pledge contracts and other contracts with guarantee functions. The guarantee contract is a subsidiary contract of the main creditor's rights and debts contract. If the principal creditor's rights and debts contract is invalid, the guarantee contract is invalid, unless otherwise stipulated by law.

If the debtor, guarantor and creditor are at fault after the guaranty contract is confirmed to be invalid, they shall bear corresponding civil liabilities according to their faults.

Article 389 The scope of guarantee of a security interest includes the principal creditor's right and its interest, liquidated damages, damages, expenses for keeping the secured property and realizing the security interest. Unless otherwise agreed by the parties, such agreement shall prevail.

Article 390 During the guaranty period, if the mortgaged property is damaged, lost or expropriated, the owner of the secured property may get the insurance money, compensation or compensation in priority. If the performance period of the secured creditor's rights has not expired, the insurance money, compensation or compensation may also be deposited.