There is no bank loan guarantee, only bank loan guarantee. Guarantee refers to the system that the law urges the debtor to perform his debts with the credit or specific property of the debtor or a third party in order to ensure the specific creditor to realize his creditor's rights. It is a promise and a constraint on the behavior of the guarantor and the guaranteed. Guarantee generally occurs in economic activities. If the guarantor fails to fulfill his promise at that time, the guarantor will generally fulfill his promise on his behalf.

According to China's General Principles of Civil Law, Property Law, Guarantee Law and Interpretation of Guarantee Law, under different circumstances, the guarantor needs to bear the following responsibilities: civil liability, civil joint liability, guarantee (guarantee) liability and compensation liability.

Guarantee Law Article 6 The term "guarantee" as mentioned in this Law refers to the act that the guarantor and the creditor agree that when the debtor fails to perform the debt, the guarantor will perform the debt or assume the responsibility according to the agreement.

Article 18 Where the parties agree in the suretyship contract that the guarantor and the debtor shall be jointly and severally liable for the debts, it is a suretyship of joint liability.

If the debtor of joint and several liability guarantee fails to perform the debt at the expiration of the debt performance period agreed in the main contract, the creditor may require the debtor to perform the debt, or may require the guarantor to assume the guarantee liability within the scope of its guarantee.