A Research On Financing Methods Of Chinese Financial Leasing Companies

Since financial leasing has been introduced into China in early 1980 s,China has gradually developed over the thirty years the “Four Pillars”,i.e.legal,accounting,tax and regulatory aspects that support the growth of financial leasing industry in terms of both provisions and practice.However,the Author finds,during the time of providing legal services to a foreign-invested D financial leasing company,that the capital sources of D Company is a difficulty it faces when it expands its business operation.Therefore,based on the research,news,online reports,information shared at seminars in relation to the financing problem of financial leasing companies,and taking into account the actual factoring practice of D Company,this Paper studies the financing methods of financial leasing companies,focuses on the traditional financing method of factoring and the innovative financing method of assets-back securities(ABS),illustrates and analyzes the theories,development history and status quo,business models,problems of factoring and ABS financing,and explains the practice by detailing the actual cases.The Paper concludes itself by analyzing the latest regulatory changes in the financial leasing industry to propose practicable suggestions to resolve the financing difficulty of financial leasing companies.