One of the most important types of guarantee business - financing guarantee. Financing guarantee company refers to a company established in accordance with the law.,Limited liability companies and joint stock companies operating financing guarantee business。
Financing guarantee refers to the agreement between the guarantor and creditors such as banking financial institutions,When the guaranteed party fails to perform the financing debt owed to the creditor,In addition, the guarantor shall bear the guarantee liability stipulated in the contract in accordance with the law.,Financing guarantee companies can provide re-guarantee for the guarantee liabilities of other financing guarantee companies and handle bond issuance guarantee business,However, the following conditions must be met at the same time:(one)No violations in the past two years、Bad record of violations;(two)Other prudential conditions specified by regulatory authorities。
in,Financing guarantee companies engaged in re-guarantee business must meet the above-mentioned conditions in addition to,Registered capital should be no less than RMB 100 million,And operate continuously for more than two years。
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