Because of some special circumstances, I have basically come into contact with these strange guarantee methods, and of course I have also come into contact with the strangest ones. It is not convenient to say more. I have also talked about all similar loan restructuring.
Simply put, joint guarantee and mutual insurance is a kind of guarantee method derived from the fact that the land and factory buildings of enterprises have been mortgaged, and the raw materials of machinery and equipment are mortgaged or cannot be mortgaged. It is a kind of guarantee grade that is weaker than standard and non-standard collateral but slightly stronger than credit loan.
As for risk prevention, in the economic upswing or stable period, this method can well increase the cash flow of enterprises, while in the economic downturn, the profits of enterprises may be diluted, the payback period of accounts may be greatly extended or even unrecoverable, and the original calculation method of covering the cost of bank loans may not be realized. You know, the interest rate of the weak guarantee method itself will be higher than that of the strong guarantee method. When there is a situation of living beyond one's means, the risk arises immediately.
Theoretically, it can be shared equally through the forms of guarantee and joint guarantee. However, due to the convenience of marketing and the unified detection of risks, the choice of joint guarantee is usually based on the principles of the same industry, the same region (like an industrial park) and the upstream and downstream of the supply chain. This choice is actually more prone to risks-the same industry and the same territory may encounter the same risks, and the upstream and downstream are more likely to lead to the double risks of debt and compensation for other unprofor members.
Mutual insurance, guarantee, joint insurance or larger cluster loans actually have their own characteristics, which can also be said to be advantages. Simple erasure is not very reliable. The key is to put risk control in the first place and put risk control in the first line. If you encounter internal and external collusion, it will inevitably lead to risks, which I have a deep understanding of.
Why must we be risk-oriented? The starting point of the guaranteed loan is actually correct, that is, the guarantor has the potential responsibility to bear the debt, which will prompt the guarantor to supervise and restrain the borrower. In this sense, it is indeed easier to achieve this goal in the same industry, the same territory, and the upstream and downstream of the supply chain, but there are two situations that are easy to exist.
1. Guarantors, mutual insurers and even the actual controllers of most enterprises in the whole chain are the same;
2. When the economy is stable, we can ensure the harvest through drought and flood. In the recession, many enterprises are forced by financial pressure to quench their thirst by drinking poison;
At this time, only risk pre-positioning can control risks well. However, when the current marketing intentionally conceals the risks that have not occurred or have occurred, the chain guarantee will only amplify the risks. The principle of marketing localization is to better collect wind loans, which is too far from the point.
This is a chain set by the banking industry. Private enterprises must not be fooled. Several private enterprises guarantee loans to each other. These private enterprises are different, such as different strengths, different bosses' personalities, different potential risks in the market and so on. As long as one company has problems, other good ones will be involved. This has dragged down these private enterprises.