Financial leasing refers to the lessor according to the lessee's specific requirements for the leased object and the choice of the supplier, the capital to the supplier to buy the leased object, and leased to the lessee to use, the lessee pays the rent to the lessor by installments, the ownership of the leased object belongs to the lessor during the lease period, the lessee has the right to use the leased object.
Financial leasing is a cross-field, cross-sectoral cross-sectoral industry integrating finance, trade and service. Vigorously promoting the development of financial leasing is conducive to transforming the mode of economic development and promoting the integrated development of secondary and tertiary industries.
It plays an important role in accelerating the circulation of goods, expanding domestic demand, promoting technological upgrading, easing the difficulties in enterprise financing and improving the efficiency of resource allocation. The active development of the financial leasing industry is the inevitable choice of China's modern economic development.
In the next five years, the role and status of financial leasing in China's economic development will become more and more important, and the weight of the financial leasing industry in China's economy will become larger and larger. With the continuous development of China's economy, relying on the increasingly powerful Chinese real economy, the future of the financial leasing industry will certainly become the mainstream of China's service industry.
Expanded Information
Modern financial leasing in the United States after World War II. After World War II, the United States industrialized production surplus, production manufacturers in order to promote their own production of equipment, began to provide financial services for the user, that is: to installment, consignment, credit sales and other ways to sell their own equipment. Because of the transfer of ownership and the right to use at the same time, the risk of capital recovery is relatively high.
Some people then began to borrow the practice of traditional leasing, the sale of objects to retain ownership in the seller, the buyer only enjoys the right to use, until the lessor to finance all the funds in the form of rent to recover the ownership of the transfer of a nominal price to the buyer.
This method is known as "financial leasing", and in 1952, the United States established the world's first financial leasing company, American Leasing Corporation (now renamed American International Leasing Corporation), which created the precedent of modern leasing.
Baidu Encyclopedia - Financial Leasing