I. Loan Amount and Term

Bank loans are greatly influenced by the national macro-control and the central bank's credit policy. Generally speaking, working capital loans are mainly within one year, and the loan amount is relatively limited. The financing amount of financial leasing is determined by the customer's qualification and equipment value, with a wide range and a long term.

Second, loan procedures and loan thresholds.

The credit audit procedure of financial leasing is simple and harmonious, which greatly saves time and enables enterprises to obtain the right to use equipment and obtain funds in the shortest time. However, there are many links in bank approval, long approval time and complicated approval procedures.

In terms of repayment flexibility, financial leasing is more flexible. Generally speaking, bank loans are paid in one lump sum and returned in one lump sum, so there is great financial pressure when returning loans. However, the leasing company can customize flexible repayment arrangements for enterprises according to the financial strength and seasonal sales situation of each enterprise, such as unequal repayment, so that the lessee can customize the rental repayment table according to his own enterprise situation and arrange funds reasonably.

Third, the cost of loans.

It is generally believed that the cost of bank loans is lower than financial leasing, and the leasing interest rate is usually higher than bank loans. Moreover, the financial leasing company will charge a certain fee at the beginning. However, one factor is often overlooked by financiers, that is, in the case of using financial leasing, the lessee enterprise can enjoy preferential treatment of accelerated depreciation.