Traditional Culture Encyclopedia - Traditional culture - What's the difference between financial leasing and ordinary leasing?
What's the difference between financial leasing and ordinary leasing?
The leasing company is a financial leasing company approved and supervised by the CBRC, which can be a subsidiary established by a banking institution or a company established by a non-banking institution. Must accept the strict supervision of China Banking Regulatory Commission. Ordinary financial leasing companies include domestic financial leasing companies and foreign financial leasing companies. Domestic capital needs to be approved by the Ministry of Commerce and the State Administration of Taxation, while foreign capital only needs to be approved by the provincial commerce bureau (office), with lax supervision;
Compared with other leasing companies, financial leasing companies have higher requirements for tenants, higher value of leased equipment, insufficient flexibility, abundant funds and more large projects.
Summary: The above is the difference between leasing and financial leasing.
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