The purpose of financial leasing is to obtain the ownership of equipment. For example, after the lease expires, the ownership of the equipment can be obtained by nominally retaining the purchase price. Operating lease is not for the purpose of obtaining equipment ownership, but for short-term use.
2. These two judgment methods are different.
The essence of financial leasing is to transfer all risks and rewards related to asset ownership. In a sense, financial leasing is essentially a flexible way to purchase fixed assets by stages, but it is much higher than direct purchase. Operating lease, on the other hand, only transfers the right to use assets, without transferring the risks and rewards related to asset ownership, and still belongs to the lessor. The leasing enterprise only pays the relevant fees according to the contract, and the leased assets will be returned to the lessor by the leasing enterprise at the expiration of the lease term.
3. Different leasing procedures.
The leased equipment is selected by the leasing company according to the market needs, and then the leasing enterprise is sought, while the equipment for financial leasing is purchased by the leasing enterprise or directly selected by the leasing enterprise from the manufacturer or seller.
4. The lease term is different
The operating lease period is shorter than the effective use period of assets, while the financing lease period is longer, which is close to the effective use period of assets.
5. The responsible parties for equipment repair and maintenance are different.
Under financial leasing, users have the obligation to repair and maintain equipment, but operating leasing has no such obligation.
6. Equipment disposal methods are different after the lease expires.
After the operating lease expires, the leased assets are recovered by the leasing company, while after the financial lease expires, the enterprise can keep them and purchase them at a little "nominal price" (equivalent to the market price of the residual value of the equipment).
7. The calculation of the rental fee is different.
For financing lease, the rent is calculated based on the financing amount of the leased equipment (generally based on the bank interest rate), and for operating lease, the rent is calculated based on the time occupied by the leased equipment (generally based on industry standards or industry rules). For example, if a piece of equipment is leased for two years, it will take up 6,543.8+0,000 yuan of financing funds, and it will be leased for 50,000 yuan per month. However, if a piece of equipment is leased for two years, it can be used for two years, and the monthly rent is 40,000 yuan.
Extended data:
Operating lease, also known as business lease, is the symmetry of financial lease. It is an asset lease to meet the temporary or seasonal needs of business use. Operating lease is a short-term lease, which means that the lessor not only provides the lessee with the right to use the equipment, but also provides the lessee with specialized technical services such as equipment maintenance, insurance and repair (financial lease does not need to improve this service).
Financial leasing, also known as equipment leasing or modern leasing, refers to leasing that essentially transfers all or most of the risks and rewards related to asset ownership.
References:
Baidu encyclopedia-lease