Financial leasing means that the lessor purchases the leased property from the supplier and rents it to the lessee according to the specific requirements of the lessee and the choice of the supplier. The lessee pays the rent to the lessor in installments, and the ownership of the leased property belongs to the lessor during the lease period.
The lessee has the right to use the lease item. If there is no agreement or unclear agreement on the ownership of the leased property after the lease term expires, the rent has been paid, and the lessee has fulfilled all the obligations as stipulated in the financial lease contract, it can be supplemented by agreement; If a supplementary agreement cannot be reached, it shall be determined in accordance with the relevant provisions of the contract or trading habits. If it is still uncertain, the ownership of the leased property belongs to the lessor.
Financial leasing is a new financial industry integrating financing and financial services, trade and technological innovation. Because of the combination of financing and finance, the leasing company can recycle and dispose of the leased property when there are problems, so the requirements for corporate credit and guarantee are not high when handling financing, which is very suitable for financing of small and medium-sized enterprises.
China's financial leasing is the product of the reform and opening-up policy. After the reform and opening up, in order to expand international economic and technological cooperation and exchanges, open up new channels for utilizing foreign capital, and absorb and introduce foreign advanced technology and equipment, China International Trust and Investment Company introduced leasing on 1980. 1981April, the first joint venture leasing company, China Oriental Leasing Co., Ltd., was established, and in July of the same year, China Leasing Company was established. The establishment of these companies marks the birth of China's financial leasing industry.
After 2007, the domestic financial leasing industry entered a period of geometric series growth. The total business volume increased from about 8 billion yuan in 2006 to about 930 billion yuan in 20 1 1. By the end of 20 12, there were about 560 financial leasing companies registered and operated in China, including 20 financial leasing companies, 80 domestic leasing companies and 460 foreign leasing companies. The total registered capital is 654.38+82 million RMB, and the balance of the lease contract is about 654.38+55 million RMB.