Products & Services
Domestic Factoring
It is a factoring transaction between a buyer, seller and factoring company residing in the same country. customer goods or services
By assigning the forward receivables arising from the sales to the factoring company, the 3 main services, which are guarantee, collection
and benefit from financial services. These services are briefly summarized below.
Financing:It is the payment of a certain percentage of the time receivables to the customer (seller) as a prepayment before the due date.
It can be done in two ways.
a-) Reversible Factoring :These are the transactions in which the factoring company does not undertake the risk of non-payment of the debtor.
b-) Irreversible Factoring :Within the framework of the factoring agreement of the factoring company
transactions in which the debtor assumes the risk of non-payment. Disputes that may arise from the basic relationship between the
debtor (Buyer) and the customer (seller) or from other reasons are not covered by the warranty.
Guarantee:In case of insolvency of the buyer company, the receivable is guaranteed and the risk of non-payment of the debtor is
undertaken by the factoring company.
Collection:The collection and follow-up of the receivables at maturity and reporting them to the customer can be summarized
as the management of receivables.
By assigning the forward receivables arising from the sales to the factoring company, the 3 main services, which are guarantee, collection
and benefit from financial services. These services are briefly summarized below.
Financing:It is the payment of a certain percentage of the time receivables to the customer (seller) as a prepayment before the due date.
It can be done in two ways.
a-) Reversible Factoring :These are the transactions in which the factoring company does not undertake the risk of non-payment of the debtor.
b-) Irreversible Factoring :Within the framework of the factoring agreement of the factoring company
transactions in which the debtor assumes the risk of non-payment. Disputes that may arise from the basic relationship between the
debtor (Buyer) and the customer (seller) or from other reasons are not covered by the warranty.
Guarantee:In case of insolvency of the buyer company, the receivable is guaranteed and the risk of non-payment of the debtor is
undertaken by the factoring company.
Collection:The collection and follow-up of the receivables at maturity and reporting them to the customer can be summarized
as the management of receivables.
Valuable Document Delivery
You can deliver your valuable documents to our contracted banks. Thus, your transactions can be done faster, time can be saved and
your transportation difficulties can be alleviated.
your transportation difficulties can be alleviated.