Several risk control modes of financial leasing

Several risk control modes of financial leasing

As a high-risk industry, the risk control ability of financial leasing in leasing business largely determines the operating performance of enterprises. What are the relevant risk control modes?

The financial leasing industry is a high-risk industry, so we must adhere to the principle of risk control first in business philosophy and seek business development under the premise of risk control. It is naive to say that there is no risk control in business, just as competition is only based on existing rules. Especially in the current economic situation: the global economy has just experienced the financial crisis, and China's domestic economic growth rate has declined. Many enterprises turn to the mode of financial leasing to alleviate the tension of their supply chains, and the business volume of financial leasing is on the rise against the trend. However, when the business volume rises, we should measure the situation more carefully and control risk management.

Overall risk control

The whole process of risk control is from business development, marketing, customer information management and due diligence to project approval, contract management, post-lease asset management and compliance management. In the whole leasing business operation process, risk control is not leaked, and checks are made at all levels. Financial leasing enterprises can use information technology, desktop backlog, client, email, SMS and other mobile office means, so that employees can participate in the whole process of financial leasing business at any time no matter where they are, such as customer credit qualification confirmation, leasing object status inquiry, project progress follow-up, post-lease rent management, etc. , and the whole financial leasing business process is connected in series through business processes, and the effect of process management is strengthened by means of tools such as trace control and authority management.

Overall risk control

Full-staff risk control means that not only front-line business personnel, such as account managers and project managers, but also second-line business risk control personnel, such as risk control managers and evaluation committee members, need special risk control, and other company personnel, such as financial personnel and administrative personnel, should also pay attention to the risks of the company's business operation from different angles and different information channels. The risk control system of financial leasing should be closely linked with the company's organizational structure, enterprise management system and business process, and the specific responsibilities and business processes of each department should be clarified. For example, people who develop projects can't participate in examination and approval, departments in charge of money can't manage business, and people in charge of projects can't manage business development. , so as to give full play to the risk control awareness of employees in various departments, internalize the risk control concept of enterprises into the daily work of each employee through processes, and mobilize all employees to strengthen risk control.

Overall risk control

Financial leasing is a marginal industry that combines finance and trade, involving a wide range, and it is a systematic project, so is risk control. The risk control of financial leasing must be based on the industrial chain, make full use of the management functions of relevant government departments, effectively integrate the advantages of all parties in the leasing industrial chain, such as financial leasing companies, equipment suppliers, investors, financial leasing intermediaries such as guarantees and insurance, and realize complementary resources. Pre-risk analysis, in-process project control, post-lease assets supervision and other processes should be closely linked, and research, judgment and supervision should be carried out from the perspectives of finance, business, assets and income. Through scientific financial leasing project structure and standardized business operation process, relying on perfect enterprise internal management mechanism, we firmly grasp the internal and external risks of financial leasing and realize comprehensive risk control.

As a high-risk industry, the risk control ability of financial leasing in leasing business largely determines the operating performance of enterprises. Risk control is an important part of financial leasing business, and it is the management focus that enterprises need to pay attention to and continuously improve. Internally, enterprises can combine business system and management system, start with internal management, and improve business risk control ability; Externally, enterprises need to strengthen the risk qualification investigation of markets, industries and customers, so as to provide scientific judgment basis for business expansion, industry selection and customer selection. Through the use of process management, authority management, business management and other means, through the integration and optimization of various system resources within the enterprise, a full-process, full-staff and all-round risk control mechanism is established to form a three-dimensional and dynamic risk control system.

Risk types of financial leasing companies Does financial leasing involve three parties? Financial leasing companies, sellers and lessees, financial leasing companies need to sign contracts with sellers and lessees, because there are two kinds of contractual relationships, and their risks are characterized by complexity and diversity. The operating risks of financial leasing companies mainly include the following types:

(1) Credit risk. Traditional credit risk refers to the risk caused by the counterparty's default. Credit risk in the modern sense includes not only the risk caused by actual breach of contract, but also the risk of loss caused by the change of counterparty's credit status and performance ability.

(2) Exchange rate risk. Exchange rate risk refers to the risk that financial leasing companies may cause economic losses to all parties in the international financial leasing business because of the change in the ratio of one country's currency to another's currency.

(3) Interest rate risk. Interest rate risk refers to the uncertain change of bank interest rate level due to international or domestic political, economic and even military reasons, which causes losses to the actors. This is an opportunity risk.

(4) Political risks. Political risk refers to the risk caused by the political environment affecting the normal business activities of financial leasing companies or some policies and measures adopted by the government that affect the business activities of financial leasing companies.

(5) Technical risks. Technical risk refers to the risk that the leased property becomes obsolete due to technological innovation and changes in market demand.

Risk prevention measures of financial leasing companies According to the characteristics of various risks of financial leasing companies, relevant risk prevention measures can be formulated:

(a) credit risk prevention measures. Financial leasing transaction is a kind of transaction with materials as the carrier and financing as the purpose. On the one hand, the lessee relies on its good credit to attract financial leasing companies to finance it, on the other hand, financial leasing companies also rely on its good credit to attract social fund-raising and inject funds into it. It can be seen that the credit problems of any party in the process of financial leasing transactions will lead to the risks of financial leasing, so it is necessary to establish a comprehensive credit risk prevention system.

Before concluding a sales contract, a financial leasing company should use all kinds of information to investigate the credit status of suppliers. For suppliers with poor reputation or whose credit status cannot be ascertained, the lessee may be required to replace or provide corresponding guarantees to prevent the risk of supplier default. When concluding a financial leasing contract, a financial leasing company may require the other party to provide a certain amount of deposit, so that when the lessee has difficulty in paying the rent, the deposit can be used to offset the rent. When signing a contract, the parties to a financial lease should clearly define the rights and obligations of both parties and the ways to resolve disputes in strict accordance with the relevant laws and decrees of our country. During the performance of the financial leasing contract, the financial leasing company shall improve the internal risk control mechanism, regularly monitor the business of the lessee, and require the lessee to provide business statistics during the lease period to help grasp the dynamic status of the leased assets.

(2) Measures to prevent exchange rate risks. Between the purchase of leased equipment and the payment for goods, due to the transaction risk brought by exchange rate changes, financial leasing companies can adopt the strategy of full hedging. The so-called full hedging strategy means that financial leasing companies use various methods and techniques to make up for exchange rate risks in order to reduce or eliminate the losses that may be suffered in the future due to exchange rate changes. If the financial leasing company is strong and in an absolute competitive advantage in the process of purchasing the leased equipment required by the lessee, RMB pricing can be used to eliminate the risk of exchange rate transactions.

(3) Precautionary measures against interest rate risk. The basic principle of interest rate risk avoidance is that financial leasing companies will reduce the interest rate risk of future uncertainty to an acceptable range. The central bank decides the formulation of interest rate level and the adjustment of interest rate structure according to the needs of national macro-control, which is beyond the control of financial leasing companies. Therefore, for the financial leasing risk caused by interest rate fluctuation, especially when the expected interest rate level rises in the future and the cost increases, the financial leasing company can sign a floating interest rate contract with the lessee, stipulating that when the bank interest rate rises, the original interest rate level will be adjusted accordingly to increase the rent; Or in the financial lease contract, it is agreed that the rent payable in each period shall be calculated according to the market interest rate when the rent is paid, so as to reduce the risk brought by interest rate fluctuation in advance.

(4) Measures to prevent political risks. Political risk comes from the change and adjustment of national policies, and financial leasing companies cannot predict and control it through various channels. Therefore, financial leasing companies should comprehensively investigate the political and economic situation at home and abroad, pay attention to policy trends at any time, and take necessary measures in time to reduce operational risks.

(5) Preventive measures for technical risks. To reduce the technical risk, the key point is to carry out the feasibility study and financial economy of the project, and do a good job in the investigation and prediction of similar products. With the rapid development of science and technology, it is particularly important to guard against technical risks. Under normal circumstances, the lessee will choose the leased property according to the market situation and development trend, and on the basis of fully understanding the technical level and upgrading speed of the leased property. In financial leasing transactions, the leased property is generally selected by the lessee, but the financial leasing company should also make necessary investigation and prediction on the technical status of the leased property if conditions permit, because the technology of the leased property is too backward and will be eliminated because of technological update, which will lead to the decline of the lessee's ability to pay rent and affect the rental interests of the financial leasing company.

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