本篇paper代写- Financing lease讨论了融资租赁。融资租赁是一种集金融、贸易和服务为一体的知识密集型边缘产业，适合于中小企业融资，但一直被人们所忽视。融资租赁作为一种融资与融物相结合的新型融资方式，在市场经济发达国家已成为联结金融、贸易和工业生产的纽带。与银行信贷等其他传统的融资方式相比，融资租赁在支持中小企业发展方面具有无可比拟的优势，因此融资租赁实质上是解决中小企业融资难的一种现实选择，是一种重要的资本经营方式。本篇paper代写由51due代写平台整理，供大家参考阅读。
Financial leasing is a kind of knowledge-intensive marginal industry that integrates finance, trade and service. It is suitable for financing of small and medium-sized enterprises, but has been ignored for a long time. As a new financing method combining "financing" and "integration", financial leasing has become a link connecting finance, trade and industrial production in developed market economies. Compared with other traditional financing methods such as bank credit, financial leasing has incomparable advantages in supporting the development of small and medium-sized enterprises. Therefore, financial leasing is actually a realistic choice to solve the financing difficulty of China's small and medium-sized enterprises under the new situation, and it is an important capital operation mode.
Financial leasing refers to the transaction activities where the lessor, based on the lessee's selection or approval of the lease item and the supplier, leases the lease item obtained from the supplier to the lessee for possession and use as agreed in the contract, and collects rent from the lessee. The lease items applicable to financial leasing transactions are fixed assets.
Interested in leasing way to buy some equipment's enterprise, on their own equipment selected varieties, specifications, model, delivery conditions, apply to the leasing company proposed to handle the rental business, leasing company after review think project work, the company on behalf of financing by rent, and according to the request of the lessee to the supplier to the lessee the purchase the equipment needed to use, the lessee need to pay the rent on schedule. Generally, the term of finance lease is relatively long, which is equivalent to the service life of the equipment. During the whole lease term, the ownership of the leased property belongs to the lessor, while the right of use belongs to the lessee, and the lessee must bear the obligation of equipment maintenance. At the end of the lease term, the lessee pays a nominal sum of money to acquire the ownership of the equipment.
From the connotation of financial leasing, it can be concluded that financial leasing is formulated on the principle of guaranteeing the interests of the lessee to the maximum extent, which is conducive to the lessee to obtain the required funds and equipment. At the same time, it can also be seen that if smes act as partners, they can not only obtain capital equipment financing through financial leasing, increase their asset liquidity, promote technological transformation of enterprises and alleviate their debt burden, but also solve problems such as financing difficulty, low reputation and high financing risk.
Small and medium-sized enterprises are flexible in operation and strong in response to changes. They are featured by "urgent, less and frequent" in capital demand and have a strong efficiency. But the bank loan procedures are too complex, many links, long, and often such loan implementation has delayed business opportunities, unable to meet the capital needs of small and medium-sized enterprises. Under the same conditions, financial leasing has fewer links, shorter time, and simpler procedures than bank loans, so it is more suitable for the operating rules of small and medium-sized enterprises and the characteristics of financing needs.
The procedure of leasing equipment is usually easier and faster than normal trade, and the management is simple. Especially in import leasing, the leasing company can sign the import contract on its behalf and make use of its professional advantages, which will greatly shorten the import time. Usually, it only takes 1-2 months for the leasing company to import equipment.
Small and medium-sized enterprises have little capital and low credit, and they use bank credit to buy equipment, among which some additional restrictions, such as compensatory balance, regular equal amount of repayment, etc., make it impossible for small and medium-sized enterprises to get 100% of the financing amount. However, finance lease is different, because the price of shopping is fully paid by the leasing company, and the company only pays the rent in installments, so the company owns 100% of the financing amount.
When small and medium-sized enterprises buy equipment from Banks, the loan term is usually much shorter than the service life of the equipment. Renting equipment of the same type, however, can approach the life of the asset, so its cost can be spread over a longer period. This can bring double benefits to small and medium-sized enterprises in short of funds. One is to keep most of the funds liquid, since cash payments can be spread over the entire life of the asset, reducing the amount of rent paid per period. Second, cost sharing can be more closely matched with business income during the entire life of an asset. On the one hand, it can avoid the capital turnover difficulties caused by the large capital consumption of imported equipment; on the other hand, it brings a higher investment return.
Lack of sufficient working capital will make the procurement, production and sales of enterprises cannot be carried out normally, and even lead to the bankruptcy of enterprises in serious cases. If small and medium-sized enterprises use bank credit to purchase equipment, they will usually have to repay most of the principal at the last time when the loan is due, which will greatly reduce the cash of enterprises and easily lead to difficulties in capital operation. However, financial leasing can not only pay rent in installments, but also the amount and interval of rent paid each time can be controlled flexibly by the lessee and the lessor after fully considering their cash turnover status, which will inevitably make the lessee's cash turnover more flexible.
In the case of the devaluation of inflation currency, the price of equipment is bound to keep rising, while the rent of finance lease is based on the price of equipment at the time of lease signing, which is almost unchanged during the period of lease, so enterprises will not pay more capital costs due to inflation.
For the lessee, the leased assets can be obtained and put into operation as long as a small amount of rent is paid at the initial stage of investment, which greatly relieves the financial pressure brought by the enterprise's large investment. Meanwhile, the rent payment method of finance lease adopts the form of annual allocation within the lease term, so it has the investment multiplier effect, thus reducing the financing cost of smes. Financial leasing can also reduce the tax burden of smes to some extent. According to the provisions of the Chinese leasing standards, the depreciation period of the equipment rented by the enterprise's technology transformation through the financial leasing method can be determined according to the principle of shorter lease term and national regulations, but the minimum period shall not be less than 3 years. For the lessee, the cost of finance lease is on the surface higher than the cost of credit capital, but it is significant for the lessee to benefit from the market opportunities obtained by delaying payment of income tax, reducing the debt ratio and saving the time of financing.
In addition, small and medium-sized enterprises in equipment production and distribution sectors can also use leasing to expand sales channels. At present, China's inventory of commodities is up to 3 trillion yuan. Many enterprises are faced with the problems of shortage of funds, overstocked products and weak market. Financial leasing industry has unique functions in starting consumption, expanding domestic demand and expanding market. Small and medium-sized enterprises in domestic equipment production and distribution departments can seize this opportunity to establish their own leasing companies to rent and promote sales, rent on a commission basis, expand marketing channels and enrich marketing means. In this way, it can not only solve the problems of insufficient funds and financing, but also expand product sales and improve market share.
At present, many finance leasing companies in China are for foreign capital and large enterprises, but few are for small and medium-sized enterprises. The reason is that the credit information of small and medium-sized enterprises is difficult to obtain and the cost is high, but the real potential is still the market of small and medium-sized enterprises. The leasing penetration rate in the United States is more than 30 percent, compared with 2 percent to 3 percent in China. Financial leasing is widely seen in small and medium-sized enterprises in the United States, because for new or small companies, only lease is the way to conduct equipment financing based on the judgment of the future cash flow of the equipment to be rented, and it does not require the enterprise to pledge the existing transaction records or the existing tangible assets. Us financial leasing covers a wide range of sectors, from large machinery and equipment to aircraft and ships to small IT products. Nearly half of those transactions were under $250,000.
At present, there are mainly three kinds of companies engaged in financial leasing in China: manufacturer financial leasing, financial leasing of financial institutions and independent financial leasing. The independently operated leasing company may further subdivide the investment organization establishment, the mixed capital establishment and specialized engages in the intermediary service. The advantages of these five types of enterprises complement each other. The leasing companies controlled by Banks have capital advantages, manufacturers have professional technology advantages, and independent operators are more flexible. All parties should strengthen cooperation, extend the service chain of financial leasing industry and improve the service function.
Financial leasing is a kind of financing mode with strong adaptability, which comes from the development of market economy at a certain stage.
Although finance lease has a promising future, its development process is not smooth and the road to change will not be accomplished overnight. Happily, the policy environment has greatly improved in recent years. After China's accession to the WTO, it has gradually expanded its opening in the leasing sector, lowered the threshold for entry, and made the regulations on capital adequacy more flexible. The strength of qualification review and supervision has been strengthened, and the operation of enterprises has been further standardized to promote the healthy development of the industry. As the reform of China's fiscal and taxation policies has been carried out, there have been some changes in the previous tax practices, such as different standards, double taxation and unfair tax burden, which are not conducive to the financial leasing business. Meanwhile, the legislative process has been greatly accelerated. The implementation of the property law and the financial leasing law will provide legal basis for the leasing industry, and many problems will be solved. With the introduction of the new law, the laws and regulations of the financial leasing industry will be improved to better adjust and regulate the rights and obligations of the parties to the lease.
要想成绩好，英国论文得写好，51due代写平台为你提供英国留学资讯，专业辅导，还为你提供专业英国essay代写，paper代写，report代写，需要找论文代写的话快来联系我们51due工作客服QQ：800020041或者Wechat：Abby0900吧。
Financial leasing is a kind of knowledge-intensive marginal industry that integrates finance, trade and service. It is suitable for financing of small and medium-sized enterprises, but has been ignored for a long time. As a new financing method combining "financing" and "integration", financial leasing has become a link connecting finance, trade and industrial production in developed market economies. Compared with other traditional financing methods such as bank credit, financial leasing has incomparable advantages in supporting the development of small and medium-sized enterprises. Therefore, financial leasing is actually a realistic choice to solve the financing difficulty of China's small and medium-sized enterprises under the new situation, and it is an important capital operation mode.
Financial leasing refers to the transaction activities where the lessor, based on the lessee's selection or approval of the lease item and the supplier, leases the lease item obtained from the supplier to the lessee for possession and use as agreed in the contract, and collects rent from the lessee. The lease items applicable to financial leasing transactions are fixed assets.
Interested in leasing way to buy some equipment's enterprise, on their own equipment selected varieties, specifications, model, delivery conditions, apply to the leasing company proposed to handle the rental business, leasing company after review think project work, the company on behalf of financing by rent, and according to the request of the lessee to the supplier to the lessee the purchase the equipment needed to use, the lessee need to pay the rent on schedule. Generally, the term of finance lease is relatively long, which is equivalent to the service life of the equipment. During the whole lease term, the ownership of the leased property belongs to the lessor, while the right of use belongs to the lessee, and the lessee must bear the obligation of equipment maintenance. At the end of the lease term, the lessee pays a nominal sum of money to acquire the ownership of the equipment.
From the connotation of financial leasing, it can be concluded that financial leasing is formulated on the principle of guaranteeing the interests of the lessee to the maximum extent, which is conducive to the lessee to obtain the required funds and equipment. At the same time, it can also be seen that if smes act as partners, they can not only obtain capital equipment financing through financial leasing, increase their asset liquidity, promote technological transformation of enterprises and alleviate their debt burden, but also solve problems such as financing difficulty, low reputation and high financing risk.
Small and medium-sized enterprises are flexible in operation and strong in response to changes. They are featured by "urgent, less and frequent" in capital demand and have a strong efficiency. But the bank loan procedures are too complex, many links, long, and often such loan implementation has delayed business opportunities, unable to meet the capital needs of small and medium-sized enterprises. Under the same conditions, financial leasing has fewer links, shorter time, and simpler procedures than bank loans, so it is more suitable for the operating rules of small and medium-sized enterprises and the characteristics of financing needs.
The procedure of leasing equipment is usually easier and faster than normal trade, and the management is simple. Especially in import leasing, the leasing company can sign the import contract on its behalf and make use of its professional advantages, which will greatly shorten the import time. Usually, it only takes 1-2 months for the leasing company to import equipment.
Small and medium-sized enterprises have little capital and low credit, and they use bank credit to buy equipment, among which some additional restrictions, such as compensatory balance, regular equal amount of repayment, etc., make it impossible for small and medium-sized enterprises to get 100% of the financing amount. However, finance lease is different, because the price of shopping is fully paid by the leasing company, and the company only pays the rent in installments, so the company owns 100% of the financing amount.
When small and medium-sized enterprises buy equipment from Banks, the loan term is usually much shorter than the service life of the equipment. Renting equipment of the same type, however, can approach the life of the asset, so its cost can be spread over a longer period. This can bring double benefits to small and medium-sized enterprises in short of funds. One is to keep most of the funds liquid, since cash payments can be spread over the entire life of the asset, reducing the amount of rent paid per period. Second, cost sharing can be more closely matched with business income during the entire life of an asset. On the one hand, it can avoid the capital turnover difficulties caused by the large capital consumption of imported equipment; on the other hand, it brings a higher investment return.
Lack of sufficient working capital will make the procurement, production and sales of enterprises cannot be carried out normally, and even lead to the bankruptcy of enterprises in serious cases. If small and medium-sized enterprises use bank credit to purchase equipment, they will usually have to repay most of the principal at the last time when the loan is due, which will greatly reduce the cash of enterprises and easily lead to difficulties in capital operation. However, financial leasing can not only pay rent in installments, but also the amount and interval of rent paid each time can be controlled flexibly by the lessee and the lessor after fully considering their cash turnover status, which will inevitably make the lessee's cash turnover more flexible.
In the case of the devaluation of inflation currency, the price of equipment is bound to keep rising, while the rent of finance lease is based on the price of equipment at the time of lease signing, which is almost unchanged during the period of lease, so enterprises will not pay more capital costs due to inflation.
For the lessee, the leased assets can be obtained and put into operation as long as a small amount of rent is paid at the initial stage of investment, which greatly relieves the financial pressure brought by the enterprise's large investment. Meanwhile, the rent payment method of finance lease adopts the form of annual allocation within the lease term, so it has the investment multiplier effect, thus reducing the financing cost of smes. Financial leasing can also reduce the tax burden of smes to some extent. According to the provisions of the Chinese leasing standards, the depreciation period of the equipment rented by the enterprise's technology transformation through the financial leasing method can be determined according to the principle of shorter lease term and national regulations, but the minimum period shall not be less than 3 years. For the lessee, the cost of finance lease is on the surface higher than the cost of credit capital, but it is significant for the lessee to benefit from the market opportunities obtained by delaying payment of income tax, reducing the debt ratio and saving the time of financing.
In addition, small and medium-sized enterprises in equipment production and distribution sectors can also use leasing to expand sales channels. At present, China's inventory of commodities is up to 3 trillion yuan. Many enterprises are faced with the problems of shortage of funds, overstocked products and weak market. Financial leasing industry has unique functions in starting consumption, expanding domestic demand and expanding market. Small and medium-sized enterprises in domestic equipment production and distribution departments can seize this opportunity to establish their own leasing companies to rent and promote sales, rent on a commission basis, expand marketing channels and enrich marketing means. In this way, it can not only solve the problems of insufficient funds and financing, but also expand product sales and improve market share.
At present, many finance leasing companies in China are for foreign capital and large enterprises, but few are for small and medium-sized enterprises. The reason is that the credit information of small and medium-sized enterprises is difficult to obtain and the cost is high, but the real potential is still the market of small and medium-sized enterprises. The leasing penetration rate in the United States is more than 30 percent, compared with 2 percent to 3 percent in China. Financial leasing is widely seen in small and medium-sized enterprises in the United States, because for new or small companies, only lease is the way to conduct equipment financing based on the judgment of the future cash flow of the equipment to be rented, and it does not require the enterprise to pledge the existing transaction records or the existing tangible assets. Us financial leasing covers a wide range of sectors, from large machinery and equipment to aircraft and ships to small IT products. Nearly half of those transactions were under $250,000.
At present, there are mainly three kinds of companies engaged in financial leasing in China: manufacturer financial leasing, financial leasing of financial institutions and independent financial leasing. The independently operated leasing company may further subdivide the investment organization establishment, the mixed capital establishment and specialized engages in the intermediary service. The advantages of these five types of enterprises complement each other. The leasing companies controlled by Banks have capital advantages, manufacturers have professional technology advantages, and independent operators are more flexible. All parties should strengthen cooperation, extend the service chain of financial leasing industry and improve the service function.
Financial leasing is a kind of financing mode with strong adaptability, which comes from the development of market economy at a certain stage.
Although finance lease has a promising future, its development process is not smooth and the road to change will not be accomplished overnight. Happily, the policy environment has greatly improved in recent years. After China's accession to the WTO, it has gradually expanded its opening in the leasing sector, lowered the threshold for entry, and made the regulations on capital adequacy more flexible. The strength of qualification review and supervision has been strengthened, and the operation of enterprises has been further standardized to promote the healthy development of the industry. As the reform of China's fiscal and taxation policies has been carried out, there have been some changes in the previous tax practices, such as different standards, double taxation and unfair tax burden, which are not conducive to the financial leasing business. Meanwhile, the legislative process has been greatly accelerated. The implementation of the property law and the financial leasing law will provide legal basis for the leasing industry, and many problems will be solved. With the introduction of the new law, the laws and regulations of the financial leasing industry will be improved to better adjust and regulate the rights and obligations of the parties to the lease.
要想成绩好，英国论文得写好，51due代写平台为你提供英国留学资讯，专业辅导，还为你提供专业英国essay代写，paper代写，report代写，需要找论文代写的话快来联系我们51due工作客服QQ：800020041或者Wechat：Abby0900吧。
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