r51due

本篇paper代写- Financing channels of foreign financial leasing companies讨论了外资融资租赁公司的资金渠道。目前，银行贷款是外资融资租赁公司的主要资金来源，主要有流动资金贷款、租赁项目贷款等形式。银行贷款主要考虑租赁公司作为主体在银行内部评级授信额度以及承租人实际项目投向符合银行贷款支持范围，易受政策调控影响。外债融资，另外，外资租赁公司利用自身外债额度可以从境外融资获得低成本资金的一种特有资金渠道。本篇paper代写由51due代写平台整理，供大家参考阅读。

At present, the main capital channels of foreign financial leasing companies are bank financing, asset securitization, trust financing, shareholder capital increase, listing financing, bond issuance, etc. The details are as follows:

Currently, bank financing is the main external financing channel for leasing companies, mainly including bank loans, external debt financing, rent factoring and other products:

Bank loans are still the main source of funds for foreign financial leasing companies, mainly in the form of working capital loans and leasing project loans. The bank loan mainly considers that the leasing company as the main body in the bank internal rating credit line and the actual project orientation of the lessee are in line with the bank loan support scope, easily affected by the policy regulation and control.

Foreign debt financing is a special financing channel for foreign leasing companies to obtain low-cost funds by using their own foreign debt quota. Leasing company apply to the credit of commercial bank to open a beneficiary of overseas financial institutions, is a guarantor leasing company financing guarantee, foreign financial institutions to make loans to leasing companies, leasing companies at home and offer financing lease, the lessee foreign debt financing mainly for foreign leasing company to obtain low-cost capital abroad.

Rents are factoring in the leasing company and under the premise of forming receivable rent, the lessee leasing company signed with the bank factoring contract, the lease company will rent outstanding receivable creditor's rights to the commercial bank, the bank shall, according to the outstanding rent a percentage to provide financing to leasing companies, and claims the assignee as rent fees directly to the tenant rent factoring. The essence of leasing factoring is that rent is the transfer financing of accounts receivable, which is the capital channel and exit channel of leasing companies, can effectively revitalize the assets of leasing companies, and is an important way for leasing companies to adjust industrial structure and solve the capital demand. At present, rent factoring is mainly divided into recourse rent factoring and non-recourse rent factoring.

The securitization of leasing assets is the financing process in which leasing companies gather together the leasing creditor's rights that can generate stable cash flow with the same or similar purpose, performance and lease term, and convert them into the leasing asset-backed securities that can be sold and circulated in the financial market through structured processing such as asset evaluation, credit rating and external credit enhancement. The securitization of leased assets is essentially a rental income. The operation process of supporting the issuance of securities and financing with multiple subjects and links is a financing method to revitalize the existing assets, which is conducive to accelerating the capital turnover efficiency of leasing companies and releasing capital to invest in new projects.

Financial leasing companies do not have to raise the function of social capital, and trust companies can raise funds to investors through trust plan, so financial leasing company can through the cooperation with the trust companies, take advantage of the function of the trust company to raise funds, the trust company as capital channel and leased asset exit channel, achieve mutual benefit and win-win results. The main financing methods of cooperation between finance leasing companies and trust companies are: leasing usufruct transfer trust plan and finance leasing aggregate trust plan.

Usufruct is accepting the trust financing lease financing lease companies in order to revitalize the assets, the financial leasing project the future rental income usufruct of financing lease assets of a transfer, a trust company through the issuance of usufruct the collection of the trust plan, finance lease assets to the trust fund discount of accepting financing lease assets remuneration, termination of the trust by the leasing company premium repo financing lease assets of usufruct.

The trust company lends the funds raised by issuing the collective trust plan to the financial leasing company for the purpose of purchasing equipment, leasing to the lessee and collecting rent, so as to achieve the purpose of stable trust income. Its transaction structure is similar to the bank lease loan.

Capital use period is long, cost is low, because this is if capital strength of partner is strong, increase endowment is the most rapid and convenient capital channel, also can be below the premise that assures major shareholder is opposite holding, can introduce strategic investor, absorb social capital stock. The capital amount of financial leasing companies is also the embodiment of the strength of the company, which has great influence on the external financing of the company. At the same time, the introduction of state-owned and foreign-funded strategic investors has a positive role in promoting the company's business development and financing.

Financial leasing companies can raise capital by publicly issuing shares in the securities market. However, the listing financing procedure is strict and requires high requirements. There are strict regulations on the leasing companies themselves, the profitability of the company, the financing scale and other aspects.

Issuing bonds is an important means of direct financing for foreign financial leasing companies. Long-term bond financing cost is low, service life and financial leasing project is more matching, and relative to the high cost of bank loan money from leasing company profit space, the low cost and long term debt financing will gradually become the inevitable choice of leasing company, but the requirement to the foreign-funded lease companies themselves higher, a longer approval process.

At present, China's leasing companies have relatively single capital channels and highly rely on bank credit funds. According to the ministry of commerce statistics show that 71% of the financing lease company through bank financing, followed by the shareholders' capital increase, in addition to the bank financing and shareholder capital increase, the trust financing, asset securitization financing way also gradually the important capital channel for financing lease company, but overall, foreign-funded financing lease company capital channel is still relatively single.

Combined with the above comparative analysis of the characteristics of various capital channels, this paper makes the following Suggestions for the current major capital channel construction and future choice direction of foreign-funded financial leasing companies:

The fast and convenient bank credit is still the main capital channel for financial leasing companies. Bank loan, rent factoring and foreign debt financing are the main docking products, among which non-recourse rent factoring is the exit channel for leasing projects, and foreign debt financing can effectively reduce the financing cost.

The securitization of leased assets is the development direction of capital channels. Although the leasing business is developing rapidly, it is still limited by the scale of risky assets. Carrying out asset securitization can realize the realization of the company's creditor's rights, accelerate the turnover of capital, vitalize the company's existing assets, and release capital to invest in new projects.

Trust financing is a supplementary capital channel. Financial leasing companies can cooperate with trust companies, take advantage of the functional advantages of trust companies in raising funds, and take trust companies as the capital channel and the exit channel of leased assets to achieve mutual benefit and win-win results.

Issuing bonds is the inevitable choice of low-cost financing. Compared with bank loans, bond financing costs are low and the term is relatively long, which is conducive to improving corporate profits and matching the investment term of leasing projects. Therefore, from the perspective of long-term development, bond issuance is the inevitable choice for financing.

要想成绩好，英国论文得写好，51due代写平台为你提供英国留学资讯，专业辅导，还为你提供专业英国essay代写，paper代写，report代写，需要找论文代写的话快来联系我们51due工作客服QQ：800020041或者Wechat：Abby0900吧。