Research On The Design And Development Of My Country's Financial Leasing Asset Securitization Transaction Structure

With the development of China's "13th Five-Year" plan,China will accelerate the pace of urbanization and industrialization,the mode of economic growth will change.The continuous development of new industries and infrastructure needs a lot of investment in equipment and fixed assets,which provides huge market space for the development of financial leasing industry.At the same time,with the strong support of industry policy,China's financing leasing enterprises have increased rapidly in quantity and scale.However,the financing leasing enterprises are facing many obstacles in the process of development,including the difficulty of financing.Therefore,enterprises are in urgent need of innovative financing ways to broaden the financing channels in order to solve the shortage of funds in their survival and development.The emergence of asset-backed securitization provides a new way for financing leasing companies to broaden the financing channels.The national policy encourages the development of the financing leasing industry.The financial regulatory authorities have taken corresponding measures to promote financial innovation,and have strongly supported the securitization of leased assets.Now asset securitization is in the accelerated take-off time.The cash flow of the leased assets is stable and the relationship between debt and debt is clear.The leasing industry can support the development of the real economy.The quality of the leased assets can not only maximize the interests of investors,but also is very consistent with the criteria of asset securitization.Asset-Backed Securitization plays an important role in widening the financing channels of enterprises and invigorated the assets of the enterprises.Now asset-backed securitization has been recognized by the market,but in the process of development and operation,there are still many problems to be solved and perfected.This paper makes an in-depth study on the design of transaction structure and development of the financial leasing asset securitization.First,it introduces the definition and operation principles of asset securitization,financial leasing asset securitization,analyzes transaction structure design.Through the case analysis,we will have a more intuitive understanding of the securitization of financing lease assets on transaction structure design.Then it reviews the development process of financial leasing assets securitization at home and abroad,and Data are used to analyze thedevelopment.This paper makes a detailed analysis of the favorable environment and existing problems of the development of financial leasing assets securitization in China.Finally,this paper holds that China's financial leasing assets securitization has broad prospects for development,and suggests that we should promote the development of renting asset securitization from multiple aspects.