본문바로가기

Capital

The Lease Financing System

The Lease Financing System for improving market share and profit

This Lease Financing System, developed by lease financing experts, enables our clients to improve both market share and profit. A less finance gives a firm or a lessee control over an asset, whether it be machinery, equipment, a device or vehicle, for a certain period of time in return for fees. The ownership of the asset is held by the lease company whereas the lessee holds the right to use it The lease is divided into finance Lease and operating lease under the lease accounting standards

Korea’s NO.1 lease finance

  • Product classification
    Lease in KRW
    Lease in foreign currency
  • Equipment classification
    General lease
    Heavy machinery lease
    Medical loan(lease)
    Autolease
  • Classification by accounting principle
    Operating lease
    Finance lease
    Asymmetric Lease
  • Structural classification
    Joint lease
    Vendor lease
    Supplier lease
  • Functional classification
    Maintenance lease
    Auto-lease
  • Classification by currency
  • Plus
    • - Client
    • - Capital management
    • - Accounting
  • Minus
    • - DW
    • - MIS
    • - OLAP
    • - ALM

Workflow

Available Institutions

Business functions Detailed explanation of business Features
Management of standard conditions Standard conditions - Register and manage product standard contents of general lease, auto lease, and medical loan lease
- Minimize the input when provisional contract and consultation input is completed 		- Manage lease conditions as the form of goods
Consultation service management Consultation services - Manage consultation services through business staffs or via phone call
- Calculate lease payment by simulating lease condition
- Provide estimate, lease terms sheet, redemption schedule to users Simulationn of lease condition - Calculate commission, insurance premium and etc., in consideration of cashflow 		- Provide simulation
- Provide estimate and lease terms sheet
Evaluation for provisional contract Provisional contract - Minimize the inputs by leveraging phone call data
- Minimize the inputs by leveraging standard lease condition
- Input lease condition, surety, warranty, etc. after specifying the lease product
- Manage registration of surety and warranty
- Credit ratings of credit information company, use of arrears information, refusal of provisional contract Evaluation - Determine eligibility by judging financial situations, creditworthiness, guarantor financial status, collateral adequacy, etc.
- Integrated limit management of IBK
- Calculation of contract amount of lease limit 		- Process fitering in provisional contracts using credit rating and arrears information
Contract finalization Contract finalization - Perform contract finalization of approval items after evaluation
- Manage contract applicatioins and incompleted documents
- Contract deposit transaction 		- Convenient contract finalization
- Manage incomplete documents
Order management Order management - Registration of contract-confirmed items and domestic/foreign orders
- Order processing for the purchase of leased goods
- Process L/C management, L/G management, B/L management when ordering foreign goods
- Management of product inspection 		- Management of contract items
- Interlinked with prepaid assets
Prepaid asset management prepaid lease assets - Prepaid item management
- Prepaid asset registration in KRW and foreign currency registration
- Managing the cost of b/l and l/g foreign products
- Managing incidental costs of goods
- Receive midstream payments of prepaid assets
- Settlement process of prepayment of prepaid assets 		- Settlement process of prepayment of prepaid assets
- Coding prepaid asset items
- Interworking between orders and prepaid assets

Drag left or right

Characteristics and Benefits

Active and Flexible, Advanced Lease Financing System

  • Rich experience and advanced modelThis system, built on the management methods of advanced lease finance companies, is used by 13 capital lenders in Korea
  • Agile to changes The modification of conditions is easy and rapid adoption in the work process is possible as the system easily accommodates the characteristics of lease finance
  • Various examination functions Unique in Korea with the examination function of product model adoption as well as general lease finance examination
  • Accommodating all lease processesA foreign currency lease and joint lease system, which gives a comparative, advantage against competitors
  • Settlement system This allows complex lease financing to be settled automatically based on the calculation of the daily accumulated balance upon automatic entry into the general journal under the accounting journal system(within 2 hours)
  • ABS managementSystem template for the infra-structure system of the securitization of lease assets
  • Profit and loss analysisProfit and loss analysis is available by converting the concept of fee- based physical finance to the financial loan
  • Application of parametersParameters are established to adopt changes in interest, exchange and yield rates rapidly and flexibly
  • Partnership managementThis has functions that handle the processes of our client's partners, suppliers, agencies, associates and mechanics, such as settlement, performance, withholding tax, and limits.