Because leasing companies can provide ready-made financial leasing assets, so that enterprises can obtain and install them in a short time with very little money, they can play a role quickly and produce benefits. Therefore, financial leasing can make enterprises shorten the project construction period, effectively avoid market risks, and at the same time prevent enterprises from letting go of fleeting market opportunities due to insufficient funds. Operating lease enables enterprises to selectively lease assets that enterprises urgently need but do not want to use. In particular, equipment with high technical level and rapid upgrading is more suitable for operating lease.
2. These two judgment methods are different.
Financial leasing assets are purchased by professional leasing companies and then leased to enterprises that need to use them. 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 demand, and then the leasing enterprise is found, while the financial leasing is established. Prepare to be 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.
Operating lease is the responsibility of the leasing company, and financing lease is the responsibility of the lessee.
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 nature of leasing is different.
The essence of operating lease is not to transfer all risks and rewards related to asset ownership, while the essence of financial lease is to transfer all risks and rewards related to asset ownership to the lessee.
Extended data:
Ownership is the right of the owner to possess, use, benefit and dispose of his property according to law. It is the dominant force over the purpose, object, means, methods and results of productive labor. It is a kind of property right, so it is also called property ownership.
Ownership is the most important and complete right in real right, which has three characteristics: absoluteness, exclusiveness and sustainability. The specific content includes four rights: possession, use, income and disposal. The difference between property right and ownership is that property right is a big concept and property right includes ownership. Real estate ownership is only one of the main types of real estate right.
References:
Ownership-Baidu Encyclopedia