Venture guarantee loan refers to the guarantee service provided by banks or other financial institutions to help entrepreneurs obtain funds to help them obtain loans. This service is mainly aimed at those who can't provide sufficient asset guarantee in the early stage of their business, and the financial services provided by banks to reduce the loan risk. Business guarantee loans are generally supported by the government or other authorized institutions, which lowers the threshold for entrepreneurs to obtain loans and helps more people who are interested in starting a business to realize their entrepreneurial dreams.

Venture guarantee loan has certain risks. Even with the guarantee measures, entrepreneurs may still face many risks in the initial stage of their business. Therefore, applicants must provide detailed business plans and financial statements to prove that they have sufficient business philosophy and management ability so that banks can make reasonable risk judgments. If the entrepreneur loses the ability to repay the loan due to poor management, the bank will take corresponding measures, including taking back the collateral or realizing the creditor's rights by other means within the scope permitted by law.

The scope of support for business guarantee loans is usually aimed at small and micro enterprises and start-ups, and also supports entrepreneurs such as individual industrial and commercial households and individuals. At present, relevant funds have been set up in all parts of China to help more outstanding entrepreneurs get the support of business guarantee loans and provide them with certain protection on the road of starting a business. If you also have entrepreneurial ideas, you can learn about related services from banks or financial institutions, or consult local government departments and relevant institutions for more information.