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[abstract] recently, Shanghai housing property guarantee co., ltd. made a big move to set up a real estate financing guarantee company, a guarantee agency specializing in financing services for small and medium-sized enterprises. So far, 16 Banks have given credit, with a total of 5.1 billion yuan, providing a convenient way for financing of smes.

A few days ago, Shanghai housing property guarantee co., ltd. made a big move to set up a guarantee agency, real estate financing guarantee company, which provides financing services for small and medium-sized enterprises. The city's provident fund loan guarantee and most commercial mortgage guarantee, housing property guarantee companies are firmly "clutched in the hand", should be "free from worry." Why should choose to open up sme financing guarantee business?
According to statistics, up to now, Shanghai housing property guarantee co., ltd. has provided guarantee for over 1 million housing provident fund loans in Shanghai, 80,000 commercial loans in total, and over 70,000 mortgages and staged guarantee for housing transaction business in total. But these are good times, and it's hard to conceal a sense of crisis. In 2000, under the impetus of the ministry of housing construction, the housing real estate guarantee institutions mushroomed in all provinces and cities across the country. For more than a decade, many organizations have quietly switched careers or gotten into trouble. Although Shanghai real estate guarantee benefits from Shanghai real estate market, its own positive innovation, still thriving business, has been the industry leader, but the lip is dead. They cannot help asking themselves: if the provident fund loan guarantee system is abolished, what will tomorrow?
The way out is in the market. Four years ago, the housing property guarantee proposed to "walk on two legs" : the personal housing loan guarantee cannot be released, while actively exploring new market-oriented business. However, new business should not be separated from the guarantee of "old business", but also have a huge market space and the opportunity to play the social responsibility of state-owned enterprises. The result of coordinate focus is the financing guarantee business of smes.
However, the transition from personal guarantee business to enterprise guarantee business is not so simple as recruiting personnel and setting up branches. The hardest thing is to learn to control risks. Relevant person in charge of guaranty of housing house property says, the guaranty that does accumulation fund loan before is "sit toward the south", individual initiative submit data, and full and true can check, have sufficient house property to make pledge again, risk is lower. And doing small business financing guarantee is totally not so easy.
The financial statements and other information of small and medium-sized enterprises are incomplete and involve complicated industries. This not only requires the business personnel to run the scene, check the inventory and look at the accounts, but also understand the characteristics of the industry. Otherwise, the business becomes a mine. The staff gave an example. A red wine sales company applied for a loan of several hundred thousand yuan from the bank and mortgaged a batch of red wine to the house property guarantee company. The home ownership guarantee not only has to be difficult to value for the wine, but it also has to oversee the collateral, which is placed separately, adjusted to maintain the quality of the wine. Although the business is done, but the housing property guarantee is also "not sleep at night" : small enterprises financing hundreds of thousands of yuan, but more than a thousand insurance premiums, but once there is risk, the enterprise loan will get housing property guarantee all "eat into".
In recent years, the company has been stepping up its efforts to support small and micro-sized enterprises. It has developed a variety of innovative financing products, such as small-sized collective bills, professional market mutual insurance, funds and trusts, and has provided over 6.4 billion yuan of financing guarantee for over 1,300 small and micro-sized enterprises in the city. With the rapid development of business, the real estate guarantee company quickly detected the problem again. Small business is very risky, if happen accident, may affect accumulation fund loan guarantee, and latter will affect citizen directly, two kinds of business should give segregation. Therefore, the housing property guarantee decided to set out the original sme financing guarantee business division and establish an independent licensing operation.
Within just over two months after its establishment, Shanghai real estate financing guarantee co., ltd. has successfully provided credit guarantee loans totaling 13.5 million yuan to the first batch of 30 micro-enterprises of e-commerce type. The first batch of 30 enterprises involved trade, manufacturing, production and other industries, with an average credit line of 450,000 yuan. So far, 16 Banks have given credit, with a total of 5.1 billion yuan, providing a convenient way for financing of smes.