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>> 01.01.2009

What is Factoring?
Factoring company is a firm that assigns, and assumes the risk of collection of, present or future receivables arising out of sales of goods or services as evidenced by invoices or other supporting documents, and that prepays and pre-finances such receivables.

 

Factoring and the Advantages of Financing

You can pre-finance a good percentage of your future receivables that you transfer to us. With this funding, your receivables transformation into cash speeds up, and the money needeed for your business's growth is provided without any other recourse.

Factoring and the possibility of Collection Management

Since your receivables' collection and management are transferred to us, instead of allocating valuable time and labor for collection duties, you can now more easily concentrate on your company's main activities, such as production, investment and marketing.


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Banking Regulation and Supervision Agency Turkish Factoring Association
 
 


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