(1) The lease subject matter is different.
The subject matter of financial leasing: strong specificity, generally special equipment.
The subject matter of operating lease: general equipment.
(2) The subject matter is handled differently during the lease period.
Financing lease: The lessee shall be treated as its own fixed assets management, and shall be responsible for depreciation and maintenance, and shall not unilaterally terminate the lease contract.
Operating lease: the lessor provides technical services and is responsible for maintenance, and the lessee can terminate the lease contract at any time according to the actual situation.
(3) The lease term is different.
Financing lease: Generally, it exceeds 75% of the equipment life cycle or is close to its life cycle.
Operating lease: the lease term is short, and the leased property can be repeatedly leased to different tenants for use.
(4) When the lease expires, the leased property will be disposed of in different ways.
Financing lease: After the expiration, the equipment will generally be sold to the leasing enterprise at a fixed price.
Operating lease: After the expiration of the term, the leased property is generally returned to the lessor without any transfer.
Second, the operating lease
Operating lease, also known as commercial lease, is a kind of leasing business in which the leasing department or professional leasing company of a large production enterprise rents the products of our factory to users. The lessor generally has its own leased warehouse, and once the lessee requests it, it can directly lease the equipment to the user. The user pays the rent according to the lease and returns the equipment after the lease expires.
Third, financial leasing.
Financial leasing is the most common and basic form of non-bank finance in the world. It means that the lessor enters into a supply contract with a third party (supplier) at the request of the lessee (user), and according to this contract, the lessor contributes to the purchase of the equipment selected by the lessee. At the same time, the lessor enters into a lease contract with the lessee, leases the equipment to the lessee, and collects a certain rent from the lessee.
Extended data:
The characteristics of financial leasing are generally summarized in five aspects.
1. The leased property is determined by the lessee, and the lessor purchases and leases it to the lessee for use, and it can only be leased to one enterprise during the lease period.
2. The lessee is responsible for the acceptance of the leased property provided by the manufacturer, and the lessor does not guarantee the quality and technical condition of the leased property.
3. The lessor retains the ownership of the leased property, and the lessee enjoys the right to use it by paying the rent during the lease period, and is responsible for the management, repair and maintenance of the leased property during the lease period.
4. Once the lease contract is signed, neither party has the right to unilaterally terminate the contract during the lease period. Only when the leased property is destroyed or proved to lose its use value can the contract be terminated, and a considerable fine will be paid for breaking the contract without reason.
Five, after the end of the lease period, the lessee generally has two options for the lease: to keep the purchase and return the lease. If you want to keep the purchase, the purchase price can be determined by both parties through consultation.
References:
Operating lease Baidu encyclopedia financing lease Baidu encyclopedia