The Measures for the Administration of the Joint Guarantee Amount of Small Joint Guaranteed Loans does not include the stop payment of the amount.

Joint guarantee loan is a standardized financing product developed by Minsheng Bank. It refers to the short-term financing business provided by Minsheng Bank for three or more enterprises that are familiar with each other and voluntarily form a joint insurance body. The credit guarantee law provides joint and several liability guarantee for the members of UNPROFOR to grant credit to other members.

The bid conditions for the joint guarantee loan are:

1. It has been established for more than three years or its major shareholders (including actual controllers) have worked for more than five years;

2. The main business is clear, there is no bad credit record, and it has the ability to compensate debts;

3. The actual controller has no bad habits and bad credit records;

4. In principle, the credit rating of Minsheng Bank is B4 and above;

5. The applicant for joint guarantee shall not be an affiliated enterprise.