financing guarantee is also called "financing guarantee" or "financing guarantee". Refers to the written document issued by the guarantee bank to the lender at the request of the borrower to ensure that the borrower fulfills the obligation to repay the loan funds.

financing guarantee mainly includes: loan guarantee, overdraft guarantee, securities issuance guarantee and bank credit line guarantee. This business belongs to the local and foreign currency guarantee under the loan business of the company.

product function:

1. To the borrower

1. To provide financing convenience for the applicant.

2) Improving the borrower's credit evaluation is beneficial for the borrower to obtain financing.

3) in the issuance of securities, reducing the risk of inability to repay securities is conducive to the sale of securities.

2.

1) Disperse the financing risk for the lender or the securities buyer, and improve the security of the loan funds.

2) Adequate guarantee for securities repayment.

Extended information:

Product features

1. Solve the problem of mutual distrust between the two parties. By virtue of its own good reputation, banks intervene in the transaction as guarantors, provide guarantees for the parties and promote the smooth implementation of the transaction.

2. Enhance the borrower's credit and facilitate the borrower to obtain financing.

3. Reduce the financing cost.

4. Compensation to the injured party and punishment to the defaulting party in case of contract breach. In case of breach of contract, the injured party can be compensated and the breaching party punished by executing the letter of guarantee, so as to avoid and reduce the frequent occurrence of breach of contract, and avoid the troubles and expenses of litigation or arbitration caused by dispute settlement.

Reference: Baidu Encyclopedia-Financing Guarantee