A Case Analysis Of Agricultural Machinery Direct Rent Business Of BJYX Finance Leasing Company

Financial leasing originated in the United States in the 1950 s,and because of its unique combination of financing and finance,it has become an important financing channel.China introduced this financial model in the 1980 s,and it lags behind developed countries in Europe and America.In recent years,with the development of China's economy,various financing methods have been greatly improved.The development of the financial leasing industry has gradually received attention.Financial leasing is mainly concentrated in the fields of communications,railway,aviation,chemical,medical,metallurgical and mineral,equipment manufacturing,etc.Agricultural machinery financing leases account for a relatively small proportion.As governments attach more importance to agricultural development,the requirements for the level of agricultural mechanization continue to increase.As a financial tool that integrates financing and integration,agricultural machinery financing leasing can increase the level of agricultural mechanization more flexibly and efficiently.At first,this paper analyzes the development status of agricultural machinery financing leases at home and abroad,and describes the current situation that the agricultural machinery financing leases in China are slower than the financial leasing of other industries,and the share in the financial leasing market is relatively small.In recent years,the Chinese government has paid more attention to agricultural modernization and encouraged the growth of agricultural machinery utilization rate.A series of policies and regulations to support the development of agricultural mechanization and the development of agricultural machinery leasing industry have been introduced.China's agricultural machinery leasing has broad market prospects,but there is still a need to constantly optimize the place.To provides research foundation and theoretical support for the subsequent research.this paper introduces the origin,development and definition of financial leasing and agricultural financing leasing,and expounds three financial leasing theory of tax rate difference theory,debt substitution theory and agency cost theory.Then,taking the agricultural machinery direct rent business of BJYX financial leasing company as an case,to introduce the business process of BJYX financial leasing company's agricultural machinery direct renting business,risk control,legal collection and other business processes and the financial status of direct rent business.After conducting business process analysis and financial analysis on the direct rental business of BJYX financial leasing company,this paper proposed to improve product design,optimize staffing,specialization,strengthen the construction of agricultural machinery financial leasing industry system,optimize the agricultural machinery financial leasing market environment,make full use of information resources,introduce internet technology into financial leasing business,broaden financing channels and other suggestions.