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How about Ping An International Financial Leasing Company?
Ping An International Financial Leasing Company is trustworthy. Ping An International Financial Leasing Co., Ltd. was established in January 2013 with a registered capital of RMB 14.5 billion. It is a wholly-owned subsidiary of Ping An Group specializing in financial leasing business and an important member of the group's investment segment. The business scope of Ping An International Financial Leasing Co., Ltd. is: financial leasing business; leasing business; purchase of leased properties at home and abroad; residual value processing and maintenance of leased properties; leasing transaction consulting and guarantees. Concurrently engages in commercial factoring business related to the main business.
Definition of financial lease:
Financial lease is the most common and basic form of non-bank finance in the world. Financial leasing means that the lessor invests in purchasing the leased items from the supplier based on the lessee's specific requirements for the leased items and the selection of the supplier, and leases them to the lessee, and the lessee pays the rent to the lessor in installments. During the lease period, the ownership of the leased object belongs to the lessor, and the lessee has the right to use the leased object. Financial leasing is a new financial industry that integrates financing and property financing, trade and technological updates. Due to its combination of financing and property financing, the leasing company can recycle and dispose of the leased property when problems arise. Therefore, the requirements for corporate credit and guarantees are not high when handling financing, so it is very suitable for small and medium-sized enterprise financing.
Definition of commercial factoring:
Commercial factoring is a set of financial solutions based on the factoring contract signed between the factor and the supplier, including financing and credit risk Administration, accounts receivable management and collection services. The factor assigns the supplier's accounts receivable under the factoring contract and makes payments on behalf of the purchaser. If the buyer is unable to pay, the factor pays the supplier.
Definition of financing:
Financing, in English, is financing. In a narrow sense, it is the behavior and process of raising funds for an enterprise. Broadly speaking, financing is also called finance, which is the financing of monetary funds. The parties involved raise or lend funds in the financial market through various methods. The "New Palgrave Dictionary of Economics" explains financing as: Financing refers to the monetary transaction means used to pay for purchases that exceed cash, or the monetary means used to raise funds to acquire assets.
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