1. Approval and supervision: A financial leasing company must be approved by the CBRC to set up, start business and obtain a financial institution license. They are non-bank financial institutions. Like finance companies, trusts and securities, it is subject to strict supervision by the Banking Regulatory Bureau and the People's Bank of China, and corporate governance is implemented in accordance with the Measures for the Administration of Financial Leasing of the China Banking Regulatory Commission. Financial leasing is approved by the Ministry of Commerce-Ministry of Commerce, and it is also divided into domestic leasing and foreign leasing. It is a general industrial and commercial enterprise, which implements corporate governance in accordance with the Measures for the Supervision and Administration of Financial Leasing Enterprises of the Ministry of Commerce, but there is no substantive strict supervision, which is why there are so many leasing companies in the Free Trade Zone.
2. Credit granting: The value of financial leasing is doubled because it has the license of a financial institution, and the credit granting is peer-to-peer, with high efficiency and low cost. The controlling shareholder is usually a bank or a giant enterprise. Because financial leasing is a general industrial and commercial enterprise, it is necessary to apply for enterprise credit. Because the background of shareholders is different, the financing situation is different. The central enterprise background leasing company has convenient credit, but the small and micro background credit is difficult. Other financing methods can also be adopted, such as issuing bonds, but there are differences in scale and term cost due to different shareholder backgrounds and asset quality.
3. In fact, other nuances basically come from the regulatory requirements for financial leasing in the Administrative Measures for Financial Leasing. For example, the subject matter of financial leasing is fixed assets, while the leased property stipulated in the Administrative Measures for Leasing of the Ministry of Commerce is movable equipment and facilities.
4. Business direction: Financial leasing companies usually focus on projects with a starting point of 6,543.8 billion yuan, such as aviation, subway and government platforms. Because of the large registered capital and high demand for asset growth. The leasing companies of the major shareholders of central enterprises have sufficient credit, which is similar, while leasing companies with real backgrounds, such as Caterpillar, Siemens and General Electric, focus on the business of foreign-funded equipment, which is generally 5-50 million yuan.