The person whose funds bear the consequences. According to the search data, the guarantor is the borrower. When applying for a loan from the bank, it is necessary to provide a certain guarantee to ensure the borrower's repayment on time. So, what is collateral? Collateral refers to the ownership of the debtor's real estate, including land use rights, house ownership, buildings and their ancillary facilities. The value of collateral is influenced by the mortgagee's economic status, property status and collateral quality. Therefore, the assessed value of collateral directly affects the amount of loans. "Private equity fund refers to an investment fund set up in China to raise funds from investors in a non-public way.