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,The guarantor assumes the guarantee liability stipulated in the contract in accordance with the law。
??Approved by regulatory authorities,Financing guarantee companies may operate some or all of the following financing guarantee businesses::(one)loan guarantee;(two)Bill acceptance guarantee;(three)trade finance guarantee;(Four)project finance guarantee;(five)Letter of credit guarantee;(six)Other financing guarantee business。
??at the same time,Approved by regulatory authorities,Financing guarantee companies can concurrently engage in some or all of the following businesses::(one)Litigation Preservation Guarantee;(two)bid security、advance payment guarantee、Project performance guarantee、Other performance guarantee services such as guarantee for repayment of final payment as agreed;(three)Financing consultation related to guarantee business、Financial advisory and other intermediary services;(Four)Invest with own funds;(five)Other businesses specified by regulatory authorities。
??also,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。
??However,监管部门也规定融资性担保公司不得从事下列活动:(one)Taking deposits;(two)grant loans;(three)Trusted to grant loans;(Four)fiduciary investment;(five)Other activities prohibited by regulatory authorities。Financing guarantee companies engage in illegal fund-raising activities,To be investigated and dealt with by relevant departments in accordance with the law。
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