Credit guarantee

It is helpful for all social credit system construction.

Finance is the core of modern economy, credit is the life of the financial industry. The financial industry is the credit of construction of the social credit system is an important part of the construction. The financial industry is assurance of the extension, the development in the assurance of credit guarantee, in the economic life of the most sensitive areas as a starting point, can be directly make the enterprise or individual improve credit concept, attention and take own credit construction.

It is helpful for the credit information resources sharing.

Information resource sharing embodies social progress is one of the important aspects. At present, in the social economic life of the credit deficiency is an important reason of credit by the information asymmetry and cause, the market trade both parties or between a few of the parties to the transaction cost information by the improvement of shut and the failure of the trade, or because of the false information and make trade party suffered huge losses. In the process of trading of financial products also have such problem. Promotion of credit guarantee, make the correct, the same credit information by the financial institutions, guarantee agencies and loan enterprise common analysis, research and enjoy, can avoid trade a few of the purpose of the respective parties by different channels and different method of the information received deviation, can make everybody in the same more scientific credit information premise and make scientific decision. Development of credit guarantee, the financial department and guarantee agencies can fully sharing credit information resources, don't have to pay for more information cost.

It is helpful for promoting the development of credit evaluation institutions

The construction of social credit system, credit evaluation institutions is important one annulus. Evaluation institution is in in the process of trading independent status, not the interests of the party by trade a few restriction and the influence of other departments, his use of scientific analysis and evaluation system, the enterprise credit conditions make an objective, comprehensive and scientific evaluation. No violations says, relative to the economic development speed is concerned, our country's credit evaluation of industry development has lagged behind. Because of this, in the economic all aspects of life, including in financing and financing guarantee field, should vigorously promote credit evaluation of industry development. Financial institutions and guarantee agencies in the choice of customers and decision-making guarantee, can fully consider the results of the evaluation of evaluation institutions. On the financial institutions and guarantee agencies concerned, can do not have to collect information and spend more of the enterprise of the cost. The enterprise is concerned, he can use really can demonstrate the strength of the credit guarantee qualification ability to achieve. To evaluation institutions concerned, although he doesn't have to assume the issued by the evaluation report and cause the legal consequences, but, he for his evaluation level and assume their own survival risk, the risk of this potential evaluation institutions must constantly to improve and enhance the scientific evaluation system and evaluation standard.

It is beneficial to the business development of guarantee agencies.

Guarantee agencies to existing counter guarantee mode is basically a physical assets or securities or about the use of authority card as a pledge. The value of the security collateral requirements limit is high, some even are ten times as many as in the security line. That leads to a series of loaded down with trivial details is the procedure and examination and approval procedures, such as the value of the physical assets confirm (assets evaluation), authority card confirmation, the examination and approval of relevant departments (such as land use right mortgage, house property ownership mortgage), etc. Can not only enhance the comprehensive cost of financing, financing and extended the time. These phenomena have restricted the business development of guarantee agencies, cause a lot of enterprise in the depressed and financing to guarantee and the financing way to seek other wince. And the way the credit guarantee can in a relatively short time, low cost of financing conditions to complete financing task.