Analysis Of Financing Channels Of Financial Leasing Companies

The financial leasing industry first appeared in the United States in the mid-nineteenth century,until the first financial leasing company appeared in China in 1981,marking the beginning of China’s financial leasing industry.Since 1981,after more than forty years of rapid development,the business scale of China’s financial leasing industry has ranked second in the world,second only to the United States,but the market penetration rate of financial leasing and GDP penetration rate have a big gap with the developed countries in the West.At present,the development of China’s financial leasing industry has entered a relatively slow adjustment phase,coupled with the negative impact of the new crown epidemic on China’s economy in the past three years,the downward pressure on the economy is huge,and the development of financial leasing companies is difficult,and capital as the "lifeline" of financial leasing companies,how to protect the source of funds and solve the financing problem has been As the "lifeline" of the financial leasing company,how to guarantee the source of funds and solve the financing problem is a pressing problem at present.As the source and means of financing,the smoothness and diversity of the channels and the financing effect of specific channels have a significant impact on the financing activities of Bohai Leasing.Therefore,this paper analyzes the financing channels of financial leasing companies and gives some suggestions on how to solve the financing problems of Bohai Leasing and the overall financial leasing industry.First,this paper synthesizes the relevant literature at home and abroad,analyzes the concept of financial leasing and related theories,and introduces the development status of China’s financial leasing and financing channels,laying the foundation for the following analysis of financing channels.Secondly,taking Bohai Leasing Co.Ltd.as an example,this paper uses financial analysis method and comparison method to compare the financing data of Bohai Leasing from 2015 to 2021 with five peers,and discovers the advantages and exposed problems of Bohai Leasing in terms of financing channels,such as high financing costs,contraction of the scale of financing channels and declining debt issuance capacity,which affect the financing activities of Bohai Leasing These problems have affected the financing activities of Bohai Leasing and obviously restricted the development of Bohai Leasing.In response to these problems,the authors analyze the causes and offer solutions,such as reducing costs,enhancing debt financing capacity,and optimizing the structure of financing channels.Finally,based on the analysis results and Bohai Leasing’s performance in financing channels,some solutions are given to the problems that arise in Bohai Leasing’s financing channels,such as cost reduction,enhancing debt financing capacity,and optimizing the structure of financing channels.In addition,this paper also provides ideas and suggestions for the financing channels of the financial leasing industry and the government’s introduction of policies and regulations on financing channels,which are conducive to the financing and financing of financial leasing companies,the development of their operations,and the improvement of efficiency,as well as the promotion of the vigorous development and innovative transformation of China’s financial leasing industry,the promotion of social investment and economic restructuring,and the better enabling of financial leasing to serve the real economy.