What is the meaning of the financial lease contract

Financial lease contract is the lessor according to the lessee's choice of the seller and the leased goods, the seller to buy the leased goods, provided to the lessee to use, the lessee pays the rent of the contract. Financial lease contract is a new type of lease contract. Financial leasing contract both financing and financing function, to financing as the form of expression, but the content is financing. The lessor in accordance with the lessee's requirements to purchase the leased property, so that the lessee does not have to pay the value of the leased property, you can get the use of the leased property, so as to achieve the purpose of financing.

Legal basis: the Chinese people's *** and national code article 735

Financial leasing contract is the lessor according to the lessee's choice of seller, leased goods, to seller to purchase leased goods, to provide to the lessee to use the lessee to pay the rent of the contract.

What are the characteristics of financial leasing business

1, with financing, financing dual function. Financial leasing both for the lessee financing, but also for the lessee to buy machinery and equipment, and machinery and equipment leased to the lessee to use. The lessor collects the leasing fee by installment to compensate for the cost of purchasing the equipment, financing interest, handling fee and obtain a certain profit;

2, involves the relationship between the three parties, including two or more than two contracts, one of which is the lessor and the lessee entered into a leasing contract; the other is the lessor and the supplier entered into a contract for the purchase of goods between the two parties. The two contracts are interrelated and concluded at the same time. In the lease contract, to provide that the lessee is responsible for acceptance of the equipment, the lessor is not responsible for the quality of the equipment purchased, the number of discrepancies, but the lessor authorizes the lessee is responsible for the supplier to negotiate claims. In the purchase contract, to provide for the purchase of equipment is leased to the lessee to use, the lessee is authorized to accept the equipment and claims;

3, the lessee has the right to choose the equipment and suppliers;

4, the expiration of the lease, the lessee of the equipment, the lessee's disposal of the contract can be provided for the lessee to stay in the contract to purchase, renew the lease or return to the lessor.