Research On Financing Difficulties And Countermeasures Of High-tech Financial Leasing Co.,Ltd

Since the first company came out in the eighties of last century,China’s financial leasing industry has experienced more than 40 years of development,and the role played by the industry in the country’s economic and social development has become more and more significant,and has been widely known by all people of society.At present,this sub-industry has formed several pillar industries of China’s financial industry together with the banking,trust,insurance and securities industries.The financial leasing industry takes capital as the basis for business operation,and its development is inseparable from the agreement of much funds.In past years,even though the industry has achieved rapid development,the issues have became increasingly obvious in the process of development,one of the most important issues is the financial difficulty.High financing costs and narrow financing channels are common situation of financial difficulties,and this issue is deeply troubled not only by financial leasing companies with private backgrounds,but also by companies with state-owned backgrounds.Therefore,how to enrich financing channels,obtain relatively cheap and easy-to-use funds,and solve various financing difficulties is an important issue facing many financial leasing companies.There is a wealth of research on the financial difficulties of medium-sized and small manufacturing firms at our country and abroad,but there is insufficient research on the financing difficulties faced by this segment of the financial leasing industry,and the research on the financing difficulties in this field can provide a theoretical and practical basis for how to break through the financing difficulties of the financial leasing industry.This paper attempts to break through the perspective of the predecessors’ focus on the construction of external policies and systems,combined with the micro perspective of the internal situation analysis of financial leasing enterprises,comprehensively discusses the manner to settle the financial dilemma of finance leasing companies,and uses institutional theory,information asymmetry theory and corporate governance theory,and combines literature theory and case analysis to conduct research on the financing dilemma of financial leasing companies.According to the current situation of High-tech Financial Leasing Companies,this paper analyzes and points out that the company has financing difficulties such as narrow financing channels,high financing costs,short financing terms and slow financing speed,and concludes that the reasons for its financing difficulties are unclear or too one-sided policy restrictions,poor asset quality of the company,insufficient comprehensive ability of the financing team,and mismatch between financing and capital term.Based on the problem analysis and the causes and conclusions,this paper puts forward suggestions and countermeasures to settle the financing dilemma of high-tech financial leasing companies from the perspectives of strengthening the construction of external policies and systems,improving the level of corporate governance,improving the comprehensive ability of financing teams,and reasonably planning financing types and business development directions.By studying the financing dilemma and countermeasures of high-tech financial leasing companies,it can contribute a reference case for the financial leasing industry to solve the financing dilemma.