The classification of financial leasing includes: direct leasing; Sale and leaseback; Leveraged lease.
1. Direct lease refers to the lease in which the lessor purchases equipment with its own funds or funds raised in the capital market and directly rents it to the lessee.
2. After-sale leaseback transaction is a special form of leasing business, which means that the seller (that is, the lessee) sells the self-made or outsourced assets and then rents them back from the buyer (that is, the lessor).
3. Leveraged leasing refers to the financial leasing business involving the lessee, lessor and fund lender. Generally speaking, when the assets involved are expensive, the lessor only invests part of the funds, usually 20% ~ 40% of the assets value, and applies for a loan from a third party (usually a bank) to solve the rest of the funds by mortgaging the assets.
Legal basis: Civil Code of People's Republic of China (PRC).
Article 735 A financial lease contract is a contract in which the lessor purchases the lease item from the seller according to the lessee's choice of the seller and the lease item, provides it to the lessee for use, and the lessee pays the rent.
Article 736 The contents of a financial lease contract generally include the name, quantity, specifications, technical performance, inspection method, lease term, rent composition, payment term, method and currency of the lease item, and the ownership of the lease item at the expiration of the lease term. The financial lease contract shall be in written form.