The borrower applies to our credit center for a loan to finance its daily operations and business expansion by providing a guarantee with a third party assuming joint liability as approved by our credit center.

SMEs that lack a suitable mortgage but can find business partners or companies to assume third-party joint liability for their loans.

1) The guarantor (a company) has been operational for at least two years;
2) The guarantor is rated 6C or above by CMB;
3) The guarantor and its effective controller are in good credit standing and have no nonperforming bank loans or overdue interests;
4) The guarantor’s primary business has strong growth potential and has not experienced continuous operating losses or negative net cash flows;
5) In principle, a guarantor that is a small enterprise can only provide guarantees for one company, and the sum of its own loans and external guarantees must not exceed double its net asset value.