The Model Research Of Financial Leasing Participate In Government Financing

In recent years, the financial leasing industry presents a sustained and rapid development trend. By the end of 2015, China has 4508 financial leasing companies, which are 4428 more than the year 2006. However, the research on financial leasing in China has not kept up with the pace of practice:more focused on the development of financial leasing on the discussion of the financial leasing business model is relatively small, and the main emphasis on the Internet finance leasing model and medical equipment, aircraft Ships, construction machinery and so on. The rapid development of China's financial leasing industry has accumulated more and more problems, the typical problem is that the new financial leasing companies can not find the direction of business development; some financial leasing companies registered, the business volume is not enough to support the company operations, Had to run other businesses, such as entrusted loan business and so on.Based on the background of supply side structural reform, it is significant to break through the bottleneck of finance leasing industry, to carry out the feasibility study of financing leasing companies participating in government financing business, and to explore the business model of financing leasing companies participating in local government financing.On the basis of predecessors' research results, this paper further studies the present situation of the financing lease industry development in our country; the paper arguments the feasibility of the financial leasing companies to participate in local government financing from seven aspects. In three dimensions, the government finance regulatory policy, the local fiscal financing needs, the financing lease business; the comparison analysis form three kinds of debt financing of the financing lease and bank loans, trust financing and bond financing; the unique advantages of financing lease of local government's, which are activating the fixed assets, and do not take a bank line of credit. From the structure of the sale and leaseback project transaction structures, the applicable objects, the project acquisition and the quotation scheme of the after-sales leaseback financing, the paper studies the business model of the lease companies to participate in some local government financing, which is named after-sales leaseback financing lease. For example, the leaseback project of the W county of Sichuan province in May 2016 was in three stages:including the inspect the assessment phase, the execution phase of examining and the approving asset management stage, which was the entire transaction process of the leaseback project. I hope the paper can provide a little bit of practice level of beneficial reference through the study of the above questions when the financing lease companies participate in local government finance business in recent years.