Financing lease is a kind of economic behavior of the lessee to obtain the right to use the object in a certain period of time in the form of rent. When an enterprise needs to purchase equipment, not in a direct way to purchase investment, but only to pay the rent in the form of leasing companies to borrow equipment.
Leasing company is a service trade, is a set of financial, trade, services in one of the knowledge intensive edge industry. The lessor borrows lease this carrier, expand can not only reduce the risk, but also can increase the income of the trading pattern, as a kind of financial innovation, financial leasing innovation in the international trade, is second only after the bank credit financing, financial leasing industry and banking, securities, insurance, trust and tied the industry, to promote the the development of the national economy, accelerate technological innovation, promote international trade play a very important role in the financial field, known as the "sunrise industry". Attaches great importance to financial leasing by the government in western countries, regulatory agencies and research departments, known as the "facilitator" of the new economy, financial leasing as a financial innovation has been introduced into China for many years, in the introduction of capital, technology and advanced equipment and other aspects have made a significant contribution, so it is highly valued by our government supervision institutions and research departments, compared with the banking, securities, trust, financial leasing advantage is mainly reflected in the following areas.
(a) two-way market development advantages
Financial leasing has two-way market development advantages, in a period of economic prosperity, loose credit policy, financing lease financing can play a function from points, creating financing opportunities for enterprises, promoting economic development, in the period of economic recession, financial leasing industry can play a "booster" role, give full play to its function of promotion. To promote investment and consumption, stimulate economic development, to inject fresh blood into the economic development, and promote the healthy development of the economy, financial leasing is the effective means to stimulate investment, service investment atrophy, can avoid fluctuation of national monetary policy to a certain extent, sustained and stable growth of the stable development of enterprises and the national macro economy has played a positive role.
(two) personalized advantage
Financing lease flexible form, according to the conditions of the project, and the project background of the parties involved requirements and objectives, tailored to meet different design conditions and needs of the project, as a new industry, financial leasing is a financial innovation. In the fierce market competition and other financial industry, financing lease and continue to exit the new financing lease form, such as direct lease, sublease, lease leaseback, leveraged lease, lease etc..
(three) the strong advantages of equipment selection autonomy
In the process of financing lease, the lessee has the right to choose equipment and suppliers, independent of the lessor's judgment and decision, the lessor shall not interfere with the lessee's choice of equipment and suppliers.
(four) the flexibility of the mode of rent payment
In terms of financing lease rent is more flexible, the lessor can be manufactured according to the nature of the lessee, the financial status and characteristics in the sales season, the repayment period and the amount of enterprises with the actual operating conditions of the combination, rather than stick with a regular, fixed rent payment form. The lessee pays the rent can take many forms, such as the time of payment, payment can be divided, bannianfu, Ji Fuhe paid for years, such as the repayment, payment can be divided into equal principal and matching interest etc..
(five) with the advantages of a variety of financing methods
Financing lease can be matched with a variety of financing methods, from the needs of the common development of both sides. Enterprises in the period of establishment, financing lease and bank loans with the use of the use of bank loan financing mainly solves the enterprise demand for short-term liquidity, long-term financing to solve the technological transformation of financial leasing, financing enterprises should have a clear purpose, avoid the use of flow of funds for technological transformation and the construction of infrastructure projects caused by the financial risk give full play to the accelerated depreciation, leasing, adjustment fund structure of positive role.
(six) the advantage of off balance sheet financing
The financing needs of large enterprises, credit status is very important, because the loan is generally reflected in corporate debt, thus affecting the enterprise's ability to refinance, which belongs to the table of financing lease financing, enterprises can not only the highest value by one hundred percent lease financing, liquidity saving and maintenance of existing credit lines, through sheet financing, enterprises can expand the sources of funds, through the current budget restrictions on the scale of operation for a period after a large amount of capital, curing precipitation enterprises, can also adopt the way of customer service and leaseback sheet financing, through customer service leaseback, can release liquidity to meet the enterprises to improve the financial situation, need to revitalize the stock of assets thus, in the impact on enterprise assets continue to use, the physical assets into money capital, keep the enterprise capital flow Dynamic property.
(seven) the procedure is simple and quick advantage
The small and medium-sized enterprise operating flexibility, resilience, in the demand for funds is less urgent, and frequency "has the characteristics of strong periodicity, and bank loans cumbersome, many links, long time, often loan implementation has been bungled opportunities, unable to meet the funding needs of SMEs, and in the financial leasing transaction. Small and medium-sized enterprises only needed to direct the equipment leasing, under the same conditions, the financing lease than bank loans less links and short time, convenient procedure, and therefore more adapt to business rules and characteristics of SME financing needs.