Financial Leasing Development Constraints And Improvement Strategies

Financial leasing, also known as "finance lease or a capital lease," produced in1952theUnited States in Western countries, is fast becoming a "sunrise industry", is second only to thesecond largest bank credit financial instruments, known as the Bank, leasing, insurance, securities,trust and one of the five pillars of finance. The introduction of financial leasing in1980,subsequently experienced a bumpy course of development.2007China promulgated and implemented a new "financial leasing companies managementapproach" for the financial leasing industry has injected new vitality, in subsequent years, thefinancial leasing industry ushered in the explosive growth. Such financing and leasing financematter of combining financial innovation products in the country at this stage of the five specialfactors stimulated the rapid development of the lessee for many enterprises to provide a broad andflexible financing and services, showing its special superiority and strong vitality. Its focus oncredit rather than corporate credit assets operating concept, derived from many innovative tradingmodel, especially for small and medium enterprises to solve our common problem of financing,developed a very effective SME financing new channel. However, the financial leasing in thecountry, after all, in the early stages of development, the rapid growth in the early process, thevarious constraints the development of financial leasing industry bottlenecks are emerging. In thispaper, the development of Xingye lease, for example, in-depth analysis and summarize theseconstraints at this stage for the development of financial leasing industry huge obstacles, and usedas the basis of these studies, scientifically make relevant recommendations for improvement,hoping for China’s financial leasing sustained and healthy development of the industry havereference.