Collective Guarantee Loan

 

—— Collective guarantee with no collaterals required

 

Introduction

Secured by commercial guarantee and risk margin, Collective Guarantee Loan is a special loan provided for a financing group consisting of prime SMEs which have no valid collaterals or have insufficient collaterals.

 

Features

Collective Guarantee Loan involves two models: three-party model (China Bohai Bank, guarantee company and SMEs) and two-party model (China Bohai Bank and SMEs)

Collective Guarantee Loan requires no collaterals

The maximum amount of the loan is RMB10 million