Research on the Countermeasures against the Financial Risks of the Guarantee Corporations

The guarantee corporation is a kind of new non-bank financial entity in China. Along with the support policies for the guarantee enterprises appearing in our country, the guarantee corporations have made a spurt of progress of development, especially with the continuous growth of the team of China's small and medium-sized enterprises. As the third party guarantee indispensable for the financing of small and medium-sized enterprises, the guarantee corporations' position is even more prominent. Due to the particularity of China's current financial situation and the unique businesses, the guarantee corporations are in a passive position in a certain extent, and the discourse power with the banks is relatively weak. Once the business starts, almost all the risks are passed on to the guarantee corporations. The guarantee enterprises are faced with the risk factors of many aspects of the internal, the external and the guarantees and so on. How should we guard against the financial risks of the guarantee corporations?