At the same time, it can internalize the external market and external profits, effectively reduce the overall financial expenses of enterprises and improve the company's profits.
Second, it can effectively use overseas low-cost funds. Financial leasing companies can raise low-cost funds in overseas financial markets through the role of financial leverage and their own foreign debt quota (at present, the cost of overseas funds is about 4%) and obtain the benefits brought by domestic and foreign spreads. The third is the liquidity management of service companies. Using the leasing business of financial leasing companies can promote the sales of enterprises and reduce the balance of accounts receivable.
Through the "leaseback" operation of financial leasing companies, we can also revitalize fixed assets such as production equipment and factories, improve the liquidity of non-cash assets and reduce liquidity risks. The fourth is to obtain economic benefits higher than the main business. At present, various industries are facing overcapacity, and some enterprises have suffered serious losses, so it is urgent to seek new profit growth points.
The average profit rate of the financial leasing industry is 10%~30%, which is much higher than the industry's profit rate, and has a great fit with the main business, which is of great significance for improving the cash flow structure, reducing operational risks, realizing the sustainable development of enterprises and improving the ability of maintaining and increasing the value of state-owned assets. The fifth is an effective way to realize the combination of industry and finance. The establishment of a financial leasing company by an enterprise group will further improve the function of the group's financial sector, enhance the level of integration of industry and finance and harmonious cooperation, better serve the group's entity industry, offset the risk of periodic changes in the profitability of the entity industry, and form a complementary effect with the group's original financial industry.
The essence of financial leasing business determines its substitution for commercial bank loans, so financing through financial leasing companies can not only directly reduce the loan scale to commercial banks, but also reduce the financing cost of actual external expenditures; It can also re-enter the market through asset securitization, improve liquidity and realize spread income.