Policy-based financing guarantees establish a risk-sharing model. In the event of enterprise default, the compensation process is initiated and the bank recognizes the losses incurred in advance. The government, bank, and guarantee institution simultaneously provide full compensation according to the agreed proportion, greatly reducing the compensation risk of the guarantee company and enhancing its sustainable development capabilities.

用英文翻译这段话:政策性融资担保建立了风险分担模式企业违约后启动代偿程序银行对产生的损失进行先期认定政府、银行、担保机构根据约定比例同步全额代偿很大程度地降低了担保公司的代偿风险增强了其可持续发展能力 。

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