What is the difference between a financing guarantee company and a general guarantee company?

They are all established according to law, and the conditions for applying for establishment are the same as those for the establishment of ordinary companies. \x0d\ But there are still the following differences between the two: \x0d\ First, as far as registered capital is concerned, ordinary guarantee companies only need more than 500,000 yuan, while financing guarantee companies need more money, generally ranging from 40 million to 50 million yuan or even 1 100 million yuan (depending on the requirements of each province). \x0d\ Second, the business activities of financing guarantee companies must have certificates issued by the Provincial Economic and Trade Commission, while ordinary guarantee companies do not. As far as the business scope is concerned, ordinary guarantee companies cannot carry out any other guarantee business except consulting business and intermediary services, while financing guarantee companies can carry out various financing guarantee businesses.