It refers to a guarantee institution which is mainly funded by the government and established according to law, mainly engaged in the credit guarantee business of small business loans. Guided by the government's industrial policy, it provides credit guarantee for small businesses with development potential, assists them in obtaining bank loans, and supports and promotes the rapid and healthy development of small businesses. The loan object is 1. Projects that meet the requirements of national and local industrial policies and environmental protection; 2. Save energy, reduce material consumption, improve product quality, and develop famous new products that are in short supply in the market; 3. Expand export to earn foreign exchange, introduce technology for digestion and absorption, and innovate projects to replace imports; 4. Encourage small businesses supported by local governments.

First, the standard of small enterprises is generally that the number of employees is less than 500 or the annual sales of enterprises is less than 6,543,800 yuan; The standard for dealing with small enterprises is that the number of employees is less than 300 or the annual sales of enterprises is less than 30 million yuan or the total assets of enterprises are less than 40 million yuan; The standard of small wholesale enterprises in small circulation enterprises is that the number of employees is below 100 or the annual sales of enterprises is below 30 million yuan; The standard of retail small enterprises is that the number of employees is below 100 or the annual sales of enterprises is below100000 yuan; The standard of small transport enterprises is that the number of employees is less than 500 or the annual sales of enterprises is less than 30 million yuan; The standard of small storage enterprises is that the number of employees is below 100 or the annual sales of enterprises is below1000 yuan. As long as one of the above-mentioned standards of the number of employees or annual sales (total assets of the enterprise) is reached, it can be identified as a small enterprise.

Secondly, in addition to the familiar banking channels, P2P peer-to-peer lending and microfinance companies have gradually become the new choice for small and micro enterprises' main loans. Compared with bank loans, P2P peer-to-peer lending has faster approval time and is usually unsecured. The qualifications of enterprises in P2P industry are mixed. When looking for related platforms, we should pay attention to the following issues: the establishment period of enterprises: the reliability of enterprises established for less than half a year or even one year has not been reflected because of their short establishment period. Whether there is an upfront fee: If the fee is charged before borrowing money, it must be whether the informal interest rate is up to standard: according to relevant requirements, the interest rate of private lending should not exceed 4 times the bank's interest rate for the same period, and if it exceeds it, it will not be protected by law.

Three. Innovative business model The Small Business Credit Center of China Merchants Bank was established on June 8, 2008/KLOC-0. It is the first small business credit franchise institution to obtain the financial license of China Banking Regulatory Commission, and belongs to the branch-level franchise institution. The center operates according to the mode of "quasi-sub-bank and quasi-legal person", and implements independent accounting, vertical management and professional operation for the credit business of China Merchants Bank, which is the first in China.