Vor- und Nachteile einer Leasingfinanzierung gegenüber einer Kreditfinanzierung
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Studienarbeit aus dem Jahr 2015 im Fachbereich BWL - Investition und Finanzierung, Note: 1,3, Frankfurt School of Finance & Management, Sprache: Deutsch, Abstract: Die Leasingfinanzierung gewinnt bei allen Unternehmensgrö en und Branchen immer mehr an Bedeutung und dies, obwohl die gesamtwirtschaftlichen Investitionen im vergangenen Jahr gesunken sind. Diese zunehmende Bedeutung von Leasingfinanzierungen zeigen aktuelle Zahlen des BDL: Mittlerweile werden über 50 % aller nicht aus Eigenmitteln oder aus Abschreibungsrückflüssen getätigten Investitionen von Unternehmen in Deutschland durch Leasing realisiert. Dies entspricht Wirtschaftsgütern im Wert von über 200 Mrd. EUR. Gemä Untersuchungen des ifo Instituts lag die Leasing-Quote, das hei t der Anteil an Leasinginvestitionen, im Verhältnis zu den gesamtwirtschaftlichen Investitionen im Jahr 2013 bei 15,3 %. Zum wachsenden Erfolg der alternativen Finanzierungsform Leasing trägt zum einen das breite Spektrum an leasingfähigen Wirtschaftsgütern bei. Zum anderen bringt die Leasingfinanzierung die verschiedensten Vorteile für Unternehmen mit sich. Zu erwähnen sind hier z. B. die Möglichkeit der Gewerbesteuerreduktion oder die Bilanzneutralität. Nicht zu vernachlässigen ist allerdings die Kreditfinanzierung. Diese ist immer noch die beliebteste Finanzierungsart in Deutschland. Gerade in den Jahren 2011 und 2012 ist die Summe der Kredite, welche von Banken insgesamt in Deutschland an inländische Unternehmen und Privatpersonen ausgereicht wurde, stark gestiegen. Ein Grund dafür sind die niedrigen Kreditzinsen, die aufgrund der Zinspolitik der EZB in den letzten Jahren stetig gesunken sind. Aufgrund der wachsenden Bedeutung der Leasingfinanzierung und der gro en Beliebtheit der Kreditfinanzierung vor allem bei Unternehmen und Privatpersonen, liegt der Fokus der vorliegenden Arbeit auf der Betrachtung der Vor- und Nachteile einer Leasingfinanzierung gegenüber einer Kreditfinanzierung. Um für diese Ausführungen eine Basis
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