Guarantee companies belong to the financial industry, but they belong to non-financial institutions and have no financial institution license.
Investment guarantee company is an intermediary company that provides financing guarantee for small and medium-sized enterprises to earn profit difference.
Investment guarantee usually means that when an individual lends money to a bank, the bank does not lend money directly to the individual in order to reduce the risk.
The borrower needs to find a third party to provide credit guarantee for the borrower.
That is, the borrower needs to find a guarantee company to guarantee.
According to the requirements of the bank, the guarantee company will require the borrower to issue relevant qualification certificates for review, and finally submit the audited materials to the bank, which will lend money after review, and the guarantee company will charge corresponding service fees.