1, financial lease (financial lease) is currently the most common, the most basic form of international non-banking finance. It refers to the lessor according to the lessee (user) request, and the third party (supplier) to enter into a supply contract, according to this contract, the lessor to fund the purchase of equipment selected by the lessee.
At the same time, the lessor enters into a lease contract with the lessee, leasing the equipment to the lessee and charging the lessee a certain amount of rent.
2, financing direct lease that is direct financial leasing: the lessee designated equipment and manufacturers, commissioned the lessor to finance the purchase of funds and provide equipment, the lessee to use and pay rent, the lease expires by the lessor to the lessee to transfer the ownership of the equipment.
It retains the lessor's ownership of the leased property and collects rent as a condition, so that the lessee in the lease period of the leased property to obtain the right of possession, use and income. This is one of the most typical forms of financial leasing.
3, financial leaseback or sale and leaseback: refers to the owner of the object first with the leasing company signed a "contract of sale", the object will be sold to the leasing company, to obtain cash. Then, the original owner of the object as a lessee, and the leasing company signed a "leaseback contract", the object will be leased back. The lessee pays the full rent and the residual value of the object under the Leaseback Contract, and then regains ownership of the object.
Expanded Information:
Other types of financial leases:
1. Operating lease
The lessor assumes the risks and rewards associated with the leased object. Businesses using this approach do not aim to ultimately own the leased item and it is not reflected as a fixed asset in their financial statements. Enterprises can choose the operating lease method in order to avoid equipment risk or need off-balance sheet financing, or need to take advantage of some tax incentives.
2, sublease
The same object as the subject of multiple financial leasing business. In the subleasing business, the lessee of the previous lease contract is at the same time the lessor of the next lease contract, known as the sublessor. The sublessor rents the leased object from another lessor and then subleases it to a third party, and the sublessor collects the difference in rent for the purpose. The ownership of the leased object is vested in the first lessor.
3. Entrusted Lease
The lessor accepts the principal's funds or the subject matter of the lease, and according to the principal's written entrustment, the lessee designated by the principal for financial leasing business. During the leasing period, the ownership of the subject matter of the lease belongs to the principal, and the lessor only receives the handling fee and bears no risk.
4, divided into leasing
An innovative form of leasing combining certain features of investment. Between the leasing company and the lessee in determining the level of rent, is the production of leased equipment and leased equipment related income to determine the rent, rather than a fixed or floating interest rate to determine the rent, equipment production or leased equipment related to high income, the rent is high, and vice versa is less.
Baidu Encyclopedia-Financial Leasing