The Research Of The Development Of The Independent Leasing Companies

Finance lease is a finance,trade,technology for the integration of new financing instruments.It appeared in America in the 1950s.Because of its characteristics of financing and asset,most countries in the world strongly supported it with policy involved,and it grew rapidly.Today,financial leasing has been internationally recognized as the second largest financing tools,only inferior to bank credit.Financial leasing in China started in the early 1980s.After more than 30 years of development,the laws and regulations,regulatory policy,tax policy involved to the financing and leasing were set up,such as accounting standards.Now financial leasing market has become the world's second largest leasing market.Although financial leasing in China has achieved great success,there are also some problems.Firstly,the "four pillars" system,law,rules of transactions,tax,accounting still need to be further improved.Secondly there is a large scale of financial leasing market in China,yet with low market penetration.Thirdly,lease in our country requires more talent,business innovation ability.At last,there is a larger gap when independent third-party financial leasing companies are compared with the bank-financing-lease company and vendor-financing-lease company in the asset scale,the cost of financing,risk control and so on.Independent third-party financial leasing companies in China are playing important role in solving the problem of small and medium-sized enterprise financing,promoting the development of the depth of the financial leasing industry.But there are a great number of the independent third-party financial leasing companies in China with small scale,narrow financing channels,development of slow business,poor risk management,inadequate business innovation,etc.They are in a weak position in the industry competition.The macro economy and the continued easing of monetary policy in our country has brought serious challenges to finance leasing risk management.If independent third-party financial leasing companies in China do not adjust management strategy in time,they will face the risk of eliimination.This paper is taking the independent third-party financial leasing companies in China as the research object,based on the analysis and contrast of our country current situation of the development of financial leasing and all kinds of financial leasing companies,there are the following problems to the independent third-party financial leasing companies in China,such as the serious business homogeneity phenomenon,the financing problems,the single source of income,the unclear corporate positioning and development direction.And according to two opposite independent third-party financial leasing company cases,the successful experience and the lessons of failure can be analyzed and summed up.Finally,this paper is putting forward some feasible suggestions to the state departments involved on how to promote the development of financial leasing industry,and some other some feasible suggestions to independcent third-party financial leasing companies on how to improve management,to improve business innovation ability,in order to form the core competitiveness,so as to occupy a place in the future competition.