Loan guarantee business process:
 (1) Application: submit relevant materials required for loan application;
 (2) Audit: after the submitted materials are complete, the guarantee company will verify the authenticity of the materials;
 (3) Agreement: sign relevant agreements with banks and guarantee companies after approval;
 (4) Lending: the bank issues loans and deposits them into the borrower's account, which is at the borrower's discretion;
 (5) Repayment: monthly repayment in full and on time as agreed in the contract;
 (6) Settlement: The borrower pays off the loan principal, interest and guarantee fee in full and on time, and handles settlement procedures.
 Legal basis: Civil Code
 Article 394 Where the debtor or a third person mortgages the property to the creditor to secure the performance of the debt without transferring the possession of the property, and the debtor fails to perform its due debt or any circumstance agreed by the parties to realize the mortgage right occurs, the creditor is entitled to priority in repayment of the property.
 The debtor or the third party mentioned in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property that provides security is the mortgaged property.