Simple financial leasing
Simple financial leasing refers to: the lessee chooses the leasing object that needs to be purchased, and the lessor leases the leased object to the lessee through the risk assessment of the leasing project. During the entire lease period the lessee has no ownership but enjoys the right to use, and is responsible for the repair and maintenance of the leased object. The lessor is not responsible for the good or bad condition of the leased item, and depreciation of the equipment is on the lessee's side.
Leaseback financial leasing
Leaseback leasing refers to the owner of the equipment will be sold to the lessor at market price, and then leased back to the original equipment in the form of a lease. The advantages of leaseback leasing are: first, the lessee has the right to use the original equipment, but also to obtain a sum of money; second, because the ownership does not belong to the lessee, the expiration of the lease period according to the need to decide whether to renew the lease or to stop leasing, so as to improve the lessee's ability to adapt to the market; third is the leaseback leasing, the right to use has not been changed, the lessee's equipment operators, maintenance personnel and technical management personnel are very familiar with the equipment, you can save time and training costs. The equipment owner can use most of the funds from the sale of the equipment for other investments and put the funds to good use, while a small portion is used to pay rent. Leaseback rental business is mainly used for equipment that has been used.
Leveraged Finance Leasing
Leveraged leasing is similar in practice to syndicated loans, and is a type of finance leasing with tax benefits that specializes in large-scale leasing projects, mainly led by a leasing company as a backbone company to finance a mega leasing project. First of all, the establishment of a leasing company from the main body of the operation of the organization - specifically for the establishment of the project funds management company to provide more than 20% of the total amount of the project, the remaining part of the source of funds is mainly absorbed by the bank and the community of idle capital, the use of 100% to enjoy the benefits of low tax "to two Bo8 The remaining part of the source of funds is mainly to absorb banks and social idle capital, and utilize the benefit of 100% low tax to "use two to win eight" leverage to obtain huge funds for the leasing project. The rest of the practice is basically the same as financial leasing, except that the complexity of the contract increases due to the wide range of issues involved. Because of the tax benefits, standardized operation, good comprehensive benefits, safe rental recovery and low cost, it is generally used for the financial leasing of aircraft, ships, communication equipment and large sets of equipment.
Commissioned financial leasing
One way is that the person who owns the funds or equipment commissions a non-bank financial institution to engage in financial leasing, with the first lessor being the principal at the same time and the second lessor being the trustee at the same time. A major feature of this entrusted lease is that it allows enterprises without the right to lease business, can "borrow the right" to operate. E-commerce leasing is to rely on the entrusted lease as a business leasing platform.
The second way is that the lessor entrusts the lessee or a third person to buy the leased goods, and the lessor pays for the goods according to the contract, which is also known as entrusted purchase of financial leasing.
Project financial leasing
The lessee concludes a project financial leasing contract with the lessor on the basis of the project's own property and benefits, the lessor has no recourse to the lessee's property and benefits other than the project, and the collection of rent can only be determined by the project's cash flow and benefits. The seller (i.e., the producer of the leased item) takes this approach to marketing its products and expanding its market share through a leasing company that it holds. Communications equipment, large medical equipment, transportation equipment and even highway operating rights can be used in this way. Others include return leasing, also known as sale and leaseback financial leasing; finance-to-lease, also known as sub-financial leasing and so on.
Operational Lease
There is a residual value of more than 10% left in the calculation of rent on the basis of finance lease, and at the end of the lease term, the lessee can choose to renew the lease, return the lease, or retain the purchase of the leased object. The lessor may or may not provide repair and maintenance for the leased object, and the lessor will depreciate the leased object for accounting purposes.
International Finance Sublease
If a leasing company leases a leased object from another leasing company and subleases the leased object to the next lessee, this kind of business is called a finance sublease, which is generally carried out in the international arena. At this time, the business practices with simple financial leasing is not very different. The business process of leasing equipment from other leasing companies by the lessor is carried out among financial institutions, and in the actual operation, the amount of financing is determined only on the basis of the purchase contract, and there is always no direct contact with the final lessee in terms of the operation of funds for the purchase of leased objects. In the practice can be very flexible, sometimes the leasing company will even directly purchase contract as a leased asset to sign a sublease contract. This practice is actually the leasing company to finance a way of capital, the leasing company as the first lessee is not the end-user of the equipment, and therefore can not withdraw the depreciation of the leased object. Another function of subleasing is to solve the legal and operational procedures of cross-border leasing. Direct financing
Direct financing is the supply and demand of funds through certain financial instruments to form a direct debt relationship, no financial institutions as an intermediary way of financing funds. Need to incorporate the unit of funds and the unit of funds through direct agreement between the two sides of the transfer of monetary funds. The form of direct financing are: buying and selling securities, prepayment of deposits and selling goods on credit, not through banks and other financial institutions, money lending and so on. Direct financing can maximize the possibility of absorbing social capital, direct investment in the production and operation of enterprises, thus making up for the shortcomings of indirect financing.
Indirect financing
Indirect financing refers to the temporarily idle monetary funds of the unit through the form of deposits, or the purchase of banks, trusts, insurance and other financial institutions issued securities, the temporarily idle funds will be provided to these financial intermediaries, and then these financial institutions in the form of loans, discounting, etc., or through the purchase of units needing funds issued securities, to provide funds to these financial intermediaries, and then these financial institutions in the form of loans, discounting, etc., or by purchasing units needing funds issued securities, to provide the funds to these financial intermediaries. Securities, the funds provided to these units to use, so as to realize the process of capital financing.