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Can the urban renewal loan provide guarantee?
Can provide. "Urban Renewal Loan" is a loan for urban renewal and transformation issued by Agricultural Bank of China to enterprises and institutions undertaking urban renewal and construction. The guarantee itself is provided by major companies, which mainly refers to the loans used for supporting construction in the comprehensive renovation, functional improvement and industrial optimization of old towns such as old industrial areas, old commercial areas, old cultural (tourism) areas, old residential areas and villages in urban (built-up areas) and county (Chengguan town) planning areas.