(a) Non-financial guarantee institutions should have a paid-in monetary capital of 30 million yuan or more; guarantee institutions engaged in re-guarantee should have a paid-in monetary capital of 100 million yuan or more; and those engaged in the guarantee business across the provinces should have a paid-in monetary capital of 200 million yuan or more.
(ii) The promoter shall have no criminal record and no bad credit record.
(c) There are full-time technical practitioners, who shall have the following conditions:
1. Senior managers shall have the necessary business knowledge of industry policies, laws and regulations, and more than 3 years of work experience in related industries.
2. The main business personnel shall be familiar with business rules and business operation procedures, and shall have no criminal records or adverse credit records. Two-thirds of the personnel have more than 2 years of industry-related business and other work experience.
(4) Have a sound management system and risk control personnel system.
(v) Other conditions stipulated by government regulators and industry guidance departments.
(vi) Obtaining the qualification of more than five practitioners.
Scope of Guarantee Business
Scope of Non-Financial Guarantee Business: Litigation Preservation Guarantee, Property Preservation Guarantee, Project Performance Guarantee, Project Payment Guarantee, Bidding Guarantee, Advance Payment Guarantee, Guarantee for Payment of Final Payment, Guarantee for Raw Material Purchase on Credit, Guarantee for Installment Payment of Equipments, Guarantee for Lease Contracts, Guarantee for Fiscal Payment, Joint Guarantee, Guarantee for Warehousing Supervision, Guarantee for other economic contracts Guarantees and intermediary services such as investment and financing consulting and financial consulting related to guarantee business. However, it shall not engage in the following businesses:
1. deposit-taking
2. fund-raising and collection
3. entrusted loans
4. issuance of notes
5. granting of loans and other state financial supervision and financial credit business.
Grade Criteria of Guarantee Companies
The grades of guarantee organizations are divided into Grade I, Grade II, Grade III and Grade IV. The standards for each grade are as follows:
(1) Grade I:
1. The paid-in monetary capital should be more than 100 million yuan;
2. Senior management personnel should have a bachelor's degree or senior title, and the main business personnel with a college degree or intermediate title or above should account for more than 80% of the total number of personnel;
3. The total guaranteed amount is more than 250 million yuan or more, the balance under guarantee is 150 million yuan or more, and the loss rate in lieu of compensation does not exceed 2%.
4. Other materials required by regulators and guidance agencies
(2) Grade 2:
1. The paid-in monetary capital shall be over RMB 70 million;
2. Senior managers shall have undergraduate degrees or senior titles, and 70% of the total number of key practitioners shall be college degree holders or intermediate or above titles.
3. The total guarantee amount is more than 120 million yuan, and the guarantee balance at the end of the first year of operation reaches more than 0.9 billion yuan, with the loss rate of compensation not exceeding 4%.
4. Other materials required by regulatory and guidance bodies
(3) Level 3:
1. The paid-in monetary capital shall be over 50 million yuan;
2. Senior management shall have relevant college degrees or intermediate titles, and key practitioners with college degrees or intermediate titles shall account for more than 60% of the total number of personnel.
3. The total guarantee amount is above 0.8 billion yuan, and the guarantee balance at the end of the first year of operation reaches above 0.6 billion yuan, with the loss rate of compensation not exceeding 4%.
4. Other materials required by the regulators and guidance organizations
(4) Level 4:
1. The paid-in monetary funds should be more than 30 million yuan;
2. The senior management should have a college degree or intermediate title, and the main practitioners should have a college degree or intermediate title, and those with primary titles account for more than 60% of the total number of personnel;
3, the total guarantee amount of 0.4 billion or more, the first year of operation at the end of the year guarantee balance of 0.3 billion or more, the loss rate of no more than 5% on behalf of the loss rate.
4. Other materials required by the regulators and guidance organizations.
Guaranteed collateral limitations
According to the provisions of the Law of the People's Republic of China on Guarantees, the guarantee company may take the following properties as collaterals:
(1) houses and other aboveground possessions owned by the mortgagor;
(2) machines, means of transportation and other properties owned by the mortgagor;
(3) state-owned land which the mortgagor has the right to dispose of in accordance with the law. (c) State-owned land use rights, houses and other aboveground fixtures which the mortgagor has the right to dispose of;
(d) State-owned machinery, means of transportation and other property which the mortgagor has the right to dispose of in accordance with law;
(e) land use rights of deserted mountains, deserted gullies, deserted mounds, deserted beaches and other deserted land contracted by the mortgagor in accordance with law and consented to be mortgaged by the contracting party;
(f) other property which can be mortgaged in accordance with law. property.
The following properties may not be mortgaged by the guarantee company:
(1) land ownership;
(2) collectively-owned land use rights such as arable land, residence land, self-reserved land and self-reserved mountains, except for those stipulated in Article 34(5) and Article 36(3) of the Guarantee Law;
(3) schools, kindergartens, hospitals and other public welfare-oriented educational facilities, medical and health facilities and other social welfare facilities of institutions and social organizations;
(4) property whose ownership or right of use is unknown or disputed;
(5) property that has been seized, detained or supervised in accordance with the law;
(6) other property that may not be mortgaged in accordance with the law.