Beijing E-Town International Financing Guarantee Co, or E-Town Guarantee was founded in February 2010. It is a state-owned policy-based guarantee institution that was initiated by the State-owned Assets Management Office of Beijing Economic-Technological Development Area (BDA) and Beijing E-Town International Investment & Development Co (E-Town Capital).

It is among the first agencies that won the five-year business licence by Beijing Municipal Bureau of Financial Work and it is qualified to offer performance guarantees for projects.

As an AA-grade institution identified by qualified rating agency, it is also a council member of Beijing Financing Guarantee Association and is a major channel of financing guarantee for small and medium-sized enterprises in Beijing and the BDA.

By the end of 2018, E-Town Guarantee has a registered capital of 1.96 billion yuan ($292 million) , established close cooperation with more than 20 banks, obtained cooperated with more than 10 billion yuan of external bank credit.

It has offered more than 20 billion yuan financing guarantee for over 1,000 micro, small and medium-sized companies and enable the enterprises in BDA to contribute more than 2 billion yuan in tax with its services.

On one hand, it provides more than 100 million yuan loan guarantee service for the same guaranteed enterprise to meet the needs of large-scale capital in the process of an enterprise’s development to the greatest extent.

On the other hand, it focuses on the micro and small-sized companies. The balance of micro and small-sized customers accounts for over 60 percent, and the number of micro and small-sized customers account for nearly 80 percent of the total.

Since its establishment, E-Town Guarantee has been centering on the strategic planning of the State, Beijing and the BDA, exploring the demands of enterprises, making full use of the capital’s role in guiding and amplifying effect and offering all-round financial services including non-financing guarantees such as performance guarantees, entrusted loan and financing consultation.

It has also set up a graded service mechanism, offered tailored financing service to micro and small-sized enterprises, lowered the cost for financing guarantee for enterprises and offered counter-guarantee.

The company has launched various products and services, such as huipubao, zhuanxiangbao, jiandaijibao, yindantong, rongtongcang, performance guarantee and entrusted loan and developed a group of products for the BDA, including yiqilin, yikebao, yikuaibao, yichuangbao and yizhengbao, which facilitate the scientific innovation , transformation and upgrading for industries in Beijing and the BDA.

At the same time, it takes advantage of shareholders' advantages, expands its business in venture capital, angel investment, technology incubation, financial leasing and other fields, and strives to develop into a leading financial service provider for small and medium-sized enterprises in Beijing, Tianjin and Hebei.

Main business

The company has launched various products and services, such as huipubao, zhuanxiangbao, jiandaijibao, yindantong, rongtongcang, performance guarantee and entrusted loan and developed a group of products for the BDA, including yiqilin, yikebao, yikuaibao, yichuangbao and yizhengbao.

1. Puhuibao

It provides enterprises with standardized green channel guarantee products within 5 million yuan and credit-type unsecured guarantee for sci-tech firms, according to the standardized declaration format and evaluation system. The approval and review procedure is simple and efficient.

2. Zhuanxiangbao

It has established a targeted evaluation system, offers personalized financing solutions, provides hi-tech and cultural and creative enterprises with more than 5 million yuan of guarantee products and diverse counter-guarantee measures, to solve the customers’ actual difficulties and meet their financing needs of enterprises.

3. Jiandaijibao and yindantong

They provide enterprises with financing service after reviewing the requirements, quota agreed by cooperative banks. The risk responsibilities are shared with banks in a certain proportion.

4. Rongtongcang

It joins in regulatory companies with dual functions -- supervision and liquidation to build a regulatory platform, which can be one of the counter-guarantee measures, to realize the counter-guarantee supervision and liquidation of guaranteed enterprises' mobile inventory.

5. Performance guarantee

It provides guarantee services such as payment guarantee and performance guarantee for construction companies.

6. Entrusted loans

It offers direct loans to high-quality insured enterprises that meet the requirements of banks and temporarily need funds for production and operation with its own funds, solving short-term and bridge financing for customers.

7. Tailored products for BDA

(1) Yiqilin

It provides the enterprises launched by those high-end professionals who are included in the BDA’s Yiqilin talent plan with loan guarantee of no more than 5 million yuan from banks and offers pure credit guarantee for unsecured loan to excellent enterprises. It can reduce the loan cost by about 40 percent in addition to policy discount.

(2) Yikebao

It offers bank loan guarantee services of no more than 30 million yuan to hi-tech companies registered in the BDA. Excellent enterprises can be provided with no more than 5 million yuan of unsecured pure credit guarantee. Besides the policy discount, the enterprise’s cost on loans can be reduced by about 30 percent.

(3) Yikuaibao

The qualified micro, small and medium-sized enterprises in BDA that meet the acceptance criteria determined by both the E-Town Guarantee and its cooperative banks will be exempted from assessment fee for guarantee, which can reduce the loan cost by about 30 percent.

(4) Yichuangbao

Participating projects in innovation and entrepreneurship competitions in can be granted bank loan guarantee of no more than 10 million yuan and the finalists can access unsecured pure credit guarantee within 5 million yuan, which can reduce the loan cost by about 10 percent.

(5) Yizhengbao

It offers financing guarantee service the BDA Administrative Committee to complete the major tasks and roll out convenient measures for people with well designed internal control flow and better risk management. 

Website: www.etownguarantee.com