At present, the joint guarantee loan model is very popular among small and medium-sized enterprises and individual industrial and commercial households. The reason is that the joint guarantee loan model does not need to bear additional expenses such as evaluation and notarization, and the overall financing cost is not higher than other banks; From the perspective of loan efficiency, as long as there is a guarantor recognized by the bank, the lender can get the loan, which is efficient and convenient. However, because it is a joint guarantee, that is, you and the other two companies guarantee each other, you still have a guarantee relationship with the other two companies after you return your 65438+ ten thousand yuan and interest to the bank. If the other two companies don't repay the loan, it will bring you risks.