Financial leasing means that the lessor signs a supply contract with a third party (supplier) at the request of the lessee (user), and the supplier pays for the equipment selected by the lessee.

After the expiration of the financial lease, the lessee shall perform all the obligations stipulated in the financial lease contract after paying the rent. If there is no agreement or unclear agreement on the ownership of the leased property, it may 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, but it is still uncertain, and the ownership of the leased property shall be owned by the lessor.

Because of the combination of financing and financing, the leasing company can recover and handle the lease when there is a problem, so the requirements for corporate credit and guarantee are not high when dealing with financing, which is very suitable for financing of small and medium-sized enterprises.

Extended data:

A lease that meets one of the following conditions is a financial lease:

(1) When the lease expires, the ownership of the leased assets is transferred to the lessee;

(2) The lease term is the majority (75% or more) of the service life of the asset;

(3) The minimum lease payment during the lease period is greater than or basically equal to the fair value of the assets on the lease start date.

Baidu encyclopedia-financing lease

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