Are non-financing guarantee companies reliable?

Any company has good and bad points, and cannot be evaluated unilaterally. Non-financing guarantee refers to an institution legally established within the administrative area of People's Republic of China (PRC), but actually providing business for legal persons and natural persons without obtaining the Business License of People's Republic of China (PRC) Financing Guarantee Institution. In addition to private lending, entrusted loans or equity investment, non-financing guarantee companies can actually engage in the following major or part-time businesses: 1 Cooperate with powerful financing guarantee companies to engage in financing guarantee business. Cooperation modes can be diversified: first, non-financing guarantee companies provide project sources, financing guarantee companies provide bank quotas, and approved non-financing guarantee companies and bank quota guarantee companies provide financing guarantees to banks for debtors and share insurance premiums; Second, non-financing guarantee companies provide counter-guarantee for debtors to guarantee companies with bank limits, and guarantee companies with bank limits provide guarantees to banks, and each of them collects guarantee fees; Third, non-financing guarantee companies introduce projects to guarantee companies with bank quotas and charge intermediary fees. 2. Engage in other part-time business independently or in cooperation with other guarantee companies. Business types include: litigation letter of guarantee business, as long as the local court recognizes the guarantee company to issue a letter of guarantee, it can be developed vigorously with low risk and cost; Even if the court does not recognize the letter of guarantee issued by the guarantee company, the guarantee company can engage in this business by providing bank deposit certificate, real estate or issuing bank guarantee through the guarantee company. Second, the performance guarantee business. Third, intermediary services such as financing consultation and financial consultancy related to guarantee business. 3. Other guarantee businesses.