Research On Credit Risk Control For Equipment Leasing Business Of HY Financing Leasing Company

China's financial leasing is a product of the reform and opening-up system.After 2007,it has developed rapidly in China.Now the financial leasing industry integrates finance,trade and service fields,and has achieved cross-sector and cross-industry company trade.For SMEs,Alleviating funding difficulties,introducing advanced equipment,expanding production scale,and improving the efficiency of resource allocation and accelerating trade circulation in the market all have positive effects.However,the characteristics of separation of ownership and use right of financial leasing properties,while providing convenience to enterprises,has also created a huge hidden danger of credit risk,which has greatly threatened the financial security of leasing enterprises.This article takes the credit risk cases encountered in the equipment leasing business of HY Leasing Company as the starting point,and in-depth studies the relevant content of credit risk in the equipment leasing business of the financial leasing industry.First of all,this paper refers to a large number of relevant domestic and foreign financial leasing industry and its credit risk control literature,elaborates its research results and current status,and defines the concepts and characteristics of related theories such as financial leasing and credit risk;secondly,investigate and introduce the basic situation and business model of HY financial leasing company,and analyze the basic process and credit risk status of its equipment leasing business,including its source and cause;the assessment and pointed out the shortcomings and loopholes of the existing credit risk control system of HY Leasing Company;Finally,based on the existing credit risk control system of HY Leasing Company,it provided suggestions for improving it from two main aspects.On the one hand,it focused on strengthening the internal environment of the company,on the other hand,from the three phases of equipment leasing,leasing and post-leasing,different credit risk control measures are take.It is hoped that through the research in this article,it will provide new ideas and perspectives for HY leasing companies to improve their credit risk control so that they can minimize the losses caused by credit risk in the equipment leasing business.