The impact of current problems in equipment financing leasing and their solutions

Equipment finance leasing generally involves three parties：lessee、leasing company、dealer，In reality, the three parties do not complete the transaction with just a few arrows like in the flow chart.，They are separate and even far apart。The transaction between them is based on a contract，Therefore, once there are problems with the contract and communication problems caused by regional differences, they will have a negative impact on mutual cooperation.。

This article lists some problems that are easily ignored by the three parties, as well as the adverse effects and solutions of these problems.，I hope it can be of some help to everyone in business.。

one、Incomplete customer information submitted，Missing equipment usage information and customer asset information a. Affecting the use of equipment will be directly related to the customer’s repayment source，Asset status is a guarantee for the later period，This is the key to review，It is also the basis for dealers to review customers.，If the country lacks the above materials，Will cause the review to fail。b. Solution: The leasing company’s review mainly considers the source of repayment and asset status.，Customer information needs to be collected when reporting。

two、Not reviewed by the leasing company，Departing early a. The impact will include failure to pass the final review，will become its own installment business，This will occupy a lot of money from dealers；If approved，It will also inevitably lead to delays in taking out insurance.，Riskier。b. The solution must be operated according to the leasing company’s procedures，The vehicle can only be delivered after passing the review。

three、Failure to submit insurance details in time，Failure to insure in time a. The impact will be after the car is delivered.，Not insured in time，Once you are in danger during this period，Dealers take a lot of risk。b. Solution: Insurance details must be submitted promptly after delivery of the vehicle.，Ask the leasing company to insure promptly，

Require

Certificate information provided、Insurance amount、Deadlines, etc. must be accurate。

Four、Information was not sent in time，As a result, the loan cannot be released in time during the month. a. The leasing company does not receive the information.，Will not be able to lend，Directly affects dealers’ accounts receivable from leasing companies.，Various quotas affecting manufacturers。b. Solution after the contract is signed，Submit invoice promptly、contract、Send certificates and other information to the leasing company，Do not accumulate it until the end of the month and send it。

five、Down payment amount and other input errors，Irregular contract signing，If the signing location is empty、The location for the lease acceptance certificate is empty.、Date of acceptance of leased property acceptance certificate、The acceptance location is empty a. The impact of the contract is the guarantee of creditor's rights and ownership.，Do not fill in relevant information，If a dispute arises involving the choice of competent court，It will have a serious impact on the dealers and our company b. Solution The amount involved in the contract must be checked，Make sure it's correct，The signing place is the dealer’s location，Please be sure to fill in，The acceptance date is the delivery date，Also the lease start date，Determine the first rent payment date，Rent calculation sheets, etc. require the customer’s signature and fingerprint，to indicate customer confirmation。

six、The name on the debit authorization form、ID number、Bank card number is wrong，If the customer's identity does not match the card a. If the name does not match the bank card information, the deduction will be unsuccessful.，Causing customers to be overdue，Overdue penalty interest shall be borne by the customer。b. Solution: The prerequisite for bank deduction is that the name and card number must be consistent.，Dealers must carefully verify relevant information，Make sure it's correct。

seven、The customer did not deposit the rent to the bank card，Instead, it was paid to the dealer and the dealer failed to remit it to the leasing company's account in time.、Cause customer overdue a. Impact on the resulting customer overdue，Customers are definitely not willing to bear the responsibility，Will cause trouble for dealers and leasing companies b. The best solution

Require

The customer deposits the bank card he/she has applied for，If the customer has indeed handed it over to the dealer，The dealer must make a wire transfer to the leasing company before the 15th，and issue proof of payment。

eight、Failure to explain the generation and payment of overdue interest to customers a. Impact on customers as they do not know how much overdue penalty interest they have to pay，Causing customers to not repay due to overdue interest calculation issues，Or just pay the rent without paying the penalty interest。b. Solution: When signing the contract, you must be informed of the consequences of overdue，Penalty interest is one thousandth，When deducting payment, penalty interest will be deducted first and then rent will be charged.，The actual receipt date shall be the leasing company’s accounting date.。

Wire transfer customers：The date when the remitted money reaches our company's account is the date when the customer's rent is paid.；CCB debit customers：The date when the bank's actual deduction is successful shall be the date when the rent is paid.。Nine、Failure to inform the customer to pick up the car that month，Must pay rent next month，Some sales staff even arbitrarily promised to postpone the first installment of rent a. The impact caused the customer's repayment date to be postponed.，Increase equipment loss，Increase potential risks for dealers。

b. The solution must be made clear to the customer when signing the contract，Customer picks up the car in the same month，Must pay rent next month。

ten、financial leasing sales，The dealer still collects the money on his own，resulting in the inability to liquidate；Or bought out before，The problem of payment collection after financial leasing sales a. The impact caused two payment collections for the same car，Increase workload and difficulty in liquidation，It may even cause the dealer to be unable to liquidate b. Solution

1. financial leasing sales，The collection and settlement work is coordinated by the leasing company and the joint-stock company，The dealer only needs to settle according to the proof of payment.，No need to pay back by yourself。
2. The prototype has been liquidated for dealer buyout，Dealers are asked to communicate with the leasing company's finance department in a timely manner.，and submit the transfer application in a timely manner，The leasing company pays the purchase price directly to the dealer。

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