Its specific content refers to the lessor according to the lessee of the specific requirements of 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, the lessee has the right to use the leased object. At the end of the lease term, after the rent is paid and the lessee performs all the obligations according to the provisions of the financial lease contract, the ownership of the leased object is transferred to the lessee. Although in the financial leasing transaction, the lessor also has the identity of the equipment purchaser, but the purchase of equipment, such as the selection of the supplier, the specific requirements of the equipment, the negotiation of the conditions of the purchase contract by the lessee to enjoy and exercise the substance of the lessee is the substantive purchaser of leased objects. Financial leasing is a new type of financial industry integrating financing and financing, trade and technology renewal. Due to the combination of financing and financing, the leasing company can recover and deal with the leased object when there is a problem, and thus the requirements for enterprise creditworthiness and guarantee are not high when dealing with financing, so it is very suitable for SMEs' financing. In addition, financial leasing belongs to off-balance sheet financing, which is not reflected in the liability items of the enterprise's financial statements and does not affect the enterprise's creditworthiness. This is very favorable to SMEs that need multiple channels of financing.