My friend asked me to lend money to the enterprise in my own name, but the guarantor was someone else. What harm does this do to me?
If you provide a guarantee in your own name, if the borrower fails to repay the loan at maturity, you and other guarantors need to repay the loan. If the borrower is an enterprise, it depends on the repayment ability of the enterprise. If the enterprise can't repay, it still needs you to repay. So if you want to guarantee, the first thing to consider is the operating situation and repayment ability.